Turn-Key Triplex Renovation in Monarch Park – Episode #207

Turn-key triplexes in Toronto are very hard to come by. Especially ones that are finished with good quality, attract AAA tenants, and that actually cash flow positive.

The owners of this triplex located near Danforth and Monarch Park are spent close to $300,000 in renovations to create this luxury turn-key triplex that actually cash flows over $1000 / month!
This cash flow is calculated after refinancing and pulling out the renovations cost.

Contact me if you wish to get the detailed property analysis.

The finishes were selected with a purpose of attracting young professionals who love the trendy look of exposed brick walls, modern kitchens, rustic and durable floors, spa-like bathrooms, exposed wood beams, added storage space, and private outdoor space. Of course, the location is ideal being a short walk to Danforth, 2 subway stops, Monarch Park, great schools, and of course cafes and restaurants.

This will be an excellent long term investment for the owners.

If you would like to discuss how you can acquire a similar property feel free to contact me through my website: www.BeachInvesting.com

If you want to see other projects Brendan has been involved with here they are:

East York Modern Duplex Conversion After Renovations – Episode #200
Leslieville Luxury Duplex Generates $2000 of Monthly Cash Flow – Episode #196

Starbucks Coming Soon To Danforth and Monarch Park – Episode #197

There is a Starbucks coming soon to the transitioning neighbourhood on Danforth between Coxwell and Greenwood! This is BIG news for investors, residents, buyers and sellers.

As we are all aware, Starbucks does a lot of homework and research on where they will open up their stores. This section of the Danforth has been known in the past as “no man’s land” and over the last several years has been going through positive changes especially with businesses. Real estate values have been slower than other prime locations near by, but over the last few years new and existing property owners have really stepped up and have been renovating their homes and cleaning up. Pride of ownership is starting to show and the area in general is reflecting these changes. These are definitely some of the trends that Starbucks can see on this section of the Danforth.

We all know what happened at Queen Street East and Logan Ave when Starbucks opened 7 or 8 years ago. We all see what’s happening at Gerrard and Jones as well as Main Street and Kingston Rd. Starbucks is NOT the reason why this growth is happening, but I believe it definitely has an influence. Maybe it is a good company to follow seeing how successful they have been when opening new stores.

Watch my other video blogs that have introduced Starbucks in other locations:
Starbucks at Gerrard and Jones – Episode #3
Starbucks at Kingston Rd and Main St – Episode #64
Starbucks at O’Connor Dr and Coxwell – Episode #112