Our First Property in Canada

[NA Lewis]

Investment Info:

Small multi-family (2-4 units) other investment in Toronto.

Purchase price: $630,000
Cash invested: $120,000

Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.
New garage with rental unit. Total of 5 bedrooms and 3 units.

What made you interested in investing in this type of deal?

A home for our family. We wanted additional units to pay mortgage and have cash flow.