5-unit multiplex generating $136,302 in annual gross rent with a Net Operating Income of approximately $96,584 and a cap rate of 4.03%
Unit mix: one 9-bedroom/6-bathroom, two 9-bedroom/6-bathroom, and two 9-bedroom/6-bathroom units, each with its own outdoor patio
9 bedrooms and 6 bathrooms total across the building
4 parking spaces included for five units
Over $275,000 invested since 2020, including new boilers, hot water tanks, exterior restoration, paving, window replacement program, unit renovations, and new laundry (2026)
Located on Gilmour Street fronting Minto Park, steps from Elgin Street, Rideau Canal, and Parliament Hill
Continuously occupied since 2019 with no vacancy; professional service contracts for snow removal, HVAC maintenance, and fire safety inspections in place
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$46,350
Legal · title · inspection$2,800
Closing costs$49,150
Down payment$479,000
Total cash to close$528,150
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$2,395,000
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The comparables and the analysis shown here are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate.