Volition Properties

112 Woodmount Ave

East York

HIGHLIGHT

Turnkey family home with sunroom, hot tub, and the potential to create a legal secondary suite

 

ABOUT THE HOUSE

This is a turnkey property with an MPAC single-family detached residential designation.

This property offers a spacious 3 bed unit family home with a sunroom and hot tub for your relaxation and enjoyment. And there is a private drive that provides parking space for up to 3 cars.

The generous side setback from the private drive creates the potential for the creation of a legal secondary suite, allowing you to add value and functionality to this property. You can live in the upper unit, and build the secondary suite later, allowing you to expand your living space or generate extra income to suits your needs.

 

RENOVATIONS

  • If a basement suite is desired.

 

LOCATION

  • Steps to TTC (Woodbine Station), supermarket, hospital, schools, park and restaurants. Easy access to Dvp and Downtown.
  • A Walker’s Paradise, so daily errands do not require a car.
  • Walk score – 93
  • Transit Score – 83
  • Bike Score – 91
Property Features

Key Details

Status
Sold
Asking Price
1,199,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

1,418,000

Selling Price
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI
Start investing now

VIP Property Analyzer

Initial Investment Required

$284,157

Monthly Rents

$0

Monthly Expenses

$ 407

Monthly Mortgage Payment

$ 5,751

Monthly Cashflow

= Rent - Expenses - Mortgage

$ -6,158

Investment Analysis

Cash-on-Cash ROI

1 year Cashflow
Annualized Cash-on-Cash ROI

Equity-on-Cash ROI

1 year Mortgage Paydown
Annualized Equity-on-Cash ROI

Appreciation-on-Cash ROI

1 year Appreciation Return
Annualized Appreciation-on-Cash ROI

Total Annual Return

Total 1 year Profit
Total 1 year Annual ROI

Capitalization Rate

0%

Location

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