Volition Properties

402 Coxwell Ave

Greendwood-Coxwell

HIGHLIGHT

Starter house hack around $1M and MPAC Duplex!

 

ABOUT THE HOUSE

This is a turnkey property with an MPAC Duplex designation, which is great to boost your mortgage qualification! It is rare to see turnkey units and parking at this price point, that ensures your convenience and provides ease of living at the same time.

This property is vacant and move-in ready, offering you the convenience of setting your own market rents. You can start living in the upper unit, then move to the larger main and basement unit as needs change, to maximize your returns or enjoy the benefits of cost-effective living.

Great 25′ x 127′ lot offers fantastic development potential in the future.

 

RENOVATIONS

  • No renovations required!

 

LOCATION

  • In a family friendly neighborhood. Steps to TTC (Coxwell Station), parks, restaurants, shops, schools, the Beach, hwy’s.
  • Very Walkable, most errands can be accomplished on foot.
  • Walk score – 88
  • Transit Score – 77
  • Bike Score – 67
Property Features

Key Details

Status
Sold
Asking Price
899,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

990,000

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

VIP Property Analyzer

Initial Investment Required

$211,107

Monthly Rents

$0

Monthly Expenses

$ 323

Monthly Mortgage Payment

$ 4,312

Monthly Cashflow

= Rent - Expenses - Mortgage

$ -4,635

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

2025 REAL ESTATE
MASTER CLASS

Blue Chip Real Estate Investing:
Your Toronto Guide for 2025

Join seasoned experts Andrei Angelkovski of Beach Investing and Ming Lim of Volition Properties as they share strategies for navigating Toronto's dynamic real estate market.

February 8, 2025
Toronto Metropolitan University
350 Victoria St, Toronto, ON M5B 2K3, Canada