Volition Properties

49 Greenwood Ave

Greendwood-Coxwell

HIGHLIGHT

Turnkey house hack in the east end

 

ABOUT THE HOUSE

One of the unicorns with a MPAC Triplex designation – this helps with mortgage qualification, and you can move into the vacant owner’s suite or start in a smaller unit and move up as needs change!Great location (Queen and Greenwood) – close to Leslieville’s neighbourhood amenities.This is a turnkey property with two units with tenants on month-to-month leases (rents to be confirmed), and vacant possession is possible.

 

RENOVATIONS

  • No renovations required, just move right in and start collecting rent!
  • Potential to add rear parking off laneway per listing agent

 

LOCATION

  • Turnkey house hack in one of our best investor and transit-friendly areas
  • TTC at the door, or the Queen St. streetcar will whisk you downtown
  • A two-minute walk to the 6 hectare Greenwood Park that has an off-leash area and many amenities.
  • Walk score – 92
  • Transit Score – 74
  • Bike Score – 91
Property Features

Key Details

Status
Terminated
Asking Price
1,399,000
Predicted Selling Price
1,400,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

1,399,000

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

VIP Property Analyzer

Initial Investment Required

$332,857

Monthly Rents

$0

Monthly Expenses

$ 1,073

Monthly Mortgage Payment

$ 6,710

Monthly Cashflow

= Rent - Expenses - Mortgage

$ -7,783

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