Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,498,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6794.32
Value - in this economy? Absolutely! It may be unassuming at first glance, but this multiplex packs a punch with 3 income generating units. With over $93k in gross rental income, this property delivers cash flow and loads of upside. An unused parking space off the rear laneway? Rent it and get that extra income! The home details: The top floor unit is a 1 bedroom beauty - super high ceilings, bright windows in every room. The main floor apartment is a show stopper - 2 large bedrooms, and again with the ceiling height! Storage galore, beautiful kitchen cabinetry and a large glass door shower in the bathroom. (Did we mention a massive entry closet). Unit 1 (basement) Is another 2 bedroom apartment and comes fully furnished! Stylish decor, right down to a fully stocked kitchen which is all included in the sale price and attracts high rent and quality tenants. The location with that Little Portugal "je ne sais quoi" attracts A+ tenants and low to NO vacancy. We are talking about walking to Ossington or Queen Street West in minutes, but tucked away on a safe + quiet and charming street. Live your dream of living in the #1 neighbourhood in Toronto, or just collect those rent checks. Home is professionally managed - exterior waterproofing and sump pump are already done and the home waterline upgraded for optimal water flow. 200 AMP panel. Seriously checks. all. the. boxes. Reach out for full financials!
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$6,448 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,198,400
Total Interest Payments
$738,887
Total Payment (Principal + Interest)
$1,937,287
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M6K 2B1
Listed By: HOMEART REALTY SERVICES INC.
Toronto, ON M6K 1T2
Listed By: SUTTON GROUP OLD MILL REALTY INC.
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
