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Case Studies
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Plex has a proven track record in
- locating
- renovating (design/ build)
- and creating (project management)
profit income-properties in the GTA for our investor clients. I do understand their potential because I'm a real estate investor myself. Here is a selection of our Profit Properties. Please check back soon for more updates...
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YONGE/ EGLINTON
- Duplex -
- 32 months -
Asking - $525,000
Purchase - $505,000 
Asking - $739,000
Sold - $714,000 |
Purchase |
$505,000
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Costs
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Renovation - $93,000 |
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Closing/ Carrying- $78,400 |
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Real Estate Fees (4.25%) - $30,559 |
$201,959
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| Initial Cost |
$706,959
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| Less Rental Income ($2,200 x 32) |
$70,400
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| Less Debt Reduction (Mortgage) |
$9,800
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| Total Cost |
$626,759
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| Sold |
$714,000
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| Profit |
$87,241
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YONGE/ LAWRENCE
- 4 Plex -
- 25 months -
Asking - $695,000
Purchase - $735,000 
Asking - $899,000
Sold - $880,000 |
Purchase |
$735,000
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Costs
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Renovation - $46,000 |
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Closing/ Carrying- $109,200 |
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Real Estate Fees (4%) - $35,200 |
$190,400
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| Initial Cost |
$925,400
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| Less Rental Income ($6,600 x 15) |
$99,000
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| Less Debt Reduction (Mortgage) |
$12,200
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| Total Cost |
$814,200
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| Sold |
$880,000
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| Profit |
$65,800
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AVENUE/ ST. CLAIR
- Duplex -
- 16 months -
Asking - $399,000
Purchase - $355,000 
Asking - $569,000
Sold - $548,000 |
Purchase |
$355,000
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Costs
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Renovation - $71,200 |
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Closing/ Carrying- $39,000 |
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Real Estate Fees (4%) - $22,000 |
$132,200
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| Initial Cost |
$487,200
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| Less Rental Income ($1,800 x 16) |
$28,800
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| Less Debt Reduction (Mortgage) |
$5,200
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| Total Cost |
$453,200
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| Sold |
$548,000
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| Profit |
$94,800
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BAYVIEW/ EGLINTON
- Single Family -
- 15 months -
Asking - $405,000
Purchase - $395,000 
Asking - $659,000
Sold - $633,000 |
Purchase |
$395,000
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Costs
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Renovation - $103,700 |
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Closing/ Carrying- $39,000 |
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Real Estate Fees (4%) - $25,000 |
$167,700
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| Initial Cost |
$562,700
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| Less Debt Reduction (Mortgage) |
$4,900
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| Total Cost |
$557,800
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| Sold |
$633,000
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| Profit |
$75,200
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