$999,900
433 ELMSTEAD ROAD
Beds
—
Baths
—
Sqft
—
Year
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Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lakeshore. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Lakeshore 6-plex fully rented and turnkey for a new owner. All units have been updated, offering a low-maintenance, stable investment opportunity. Generating approximately $100,000 in gross annual income with strong tenant demand in a desirable Lakeshore location. Ideal for both seasoned and first-time investors looking to add a solid, income-producing property to their portfolio. Income and expense statement available in the documents section. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Common interest
- Freehold
- Lot dimensions
- 104.25 FT X 102.88 FT X 150.58 FT X 207.20 FT X 211.87 FT / 0.713 AC
- Stories
- 2
- On market
- Apr 24, 2026
- Status changed
- Apr 27, 2026
- Zoning
- RD1.25
- Photos
- 32
- MLS#
- 26009104
- Area
- LAKESHORE
Features and systems
Parking
Heating
Cooling
Exterior
Flooring
Foundation
Cash on cash
-6.55%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,149
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.