Toronto, ON M5H 2N2
Asking Price
$200,000
12
Beds
4
Baths
Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.
Puerto Plata, Dominican Republic Discover a fantastic opportunity with this beautiful house featuring three apartments, perfectly situated just 3 minutes from the beach! This property holds incredible potential for investors or those looking to live in one unit and rent out the others. Imagine enjoying 12 months of summer with the convenience of free beach access every day. With three separate apartments, this house offers flexibility and income-generating possibilities. It's a diamond, ready for your personal touch and likes. * **Location:** Close to the beach * **Units:** 3 apartments This could be your chance to own a slice of paradise with built-in rental income! Don't let this opportunity pass you by with the highest money exchange rate right now. First floor: apartment with 3 bedrooms and 2 bath, full kitchen, living and dining room, front and back terrace and carport. Second floor: 2 individual apartments with its seperate entrance. Each apartment has 1 bedroom and full bathroom, kitchen, living/dining room and balcony. Third floor: Roof terrace with ocean and mountain view. Ready to build 2 more apartments or a penthouse unit. No yearly property taxes. US $20,000 rent income can be higher with short term rentals. US 135,000 / Euro 120,000 / CAD 200,000 / 8,200.000 pesos
Opportunity score
8 / 10
Recommended strategy
RentalAutomated estimate generated from listing data. Not a property valuation or investment advice.
Basement
string
Separate entrance
Yes
20.0%
Monthly payment (principal + interest)
$1,072
Down payment
$40,000
Mortgage amount
$160,000
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $40,000 · linked to the mortgage calculator
/mo
Est. 1.2% of price a year
/mo
Repairs, condo fees
Monthly cash flow
Enter the rent to see if this home pays for itself.
Rent needed to break even
$1,272/mo
Mortgage (P+I)
−$1,072
Property tax
−$200
Asking Price
$200,000
Selling in Toronto?
How PrivateDeals buys homes in Toronto →Off-market homes, rentals and fixer-uppers, sent to buyers on our list as soon as they come in.
Houses, rentals, fixer-uppers and multi-units
Only the ones that match what you’re looking for
Free, and you can unsubscribe anytime
Join the buyers list
Tell us what you’re after. We’ll send the deals that fit.
How the buyers list works