QUOTE (investmart @ Jul 31 2008, 12:15 AM) To compensate for separate meters let`s add 5% to the 50% income estimate --->
CAP =~ 55% * 12 * $3,720 / $597,875 = 4.1% that`s bad, really bad!
How about looking for a CAP double that % say around 8% elsewhere, outside the GTA.
Good luck,
Neil...