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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,265,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4858.68
This is a home you should consider if you are a savvy investor or an end user having an investment aspect in your real estate plan>>TTC is 9min walk away<<Let's go over the reasons to buy this property:1)Multiple Residential Permit READY=investment value not to be missed*** 6000 sqft of living space permit.*** a P.E.R.F.E.C.T Option for multi residential use, OR change it to 3 condo units each 2000sqft and sell or rent them for positive Cash Flow EXTRA Income 2)Pie shape lot= More sqft in permit*** 6000 sqft of living space permit.*** 3)Upgraded, Ready move -in: make an addition or extension to the house. 4)Potential for Sep Entrance basement. 2nd Kitchen rough-in in the basement. studio rental unit=Airbnb, Extra income. The vacancy rate is almost ZERO. 5)Lane way on the side! Possibility of Garden Suite in the backyard=Airbnb EXTRA Income. 6)Everything is just a short drive away: supermarkets, restaurants, parks, and golfclubs. Come and check this out!
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Contact MeTotal Monthly Payment
$5,450 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,012,000
Total Interest Payments
$623,960
Total Payment (Principal + Interest)
$1,635,960
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M2R 2E2
Listed By: RE/MAX REALTRON REALTY INC.

Toronto, ON M2M 1B8
Listed By: ROYAL LEPAGE IGNITE REALTY

Toronto, ON M2M 1B4
Listed By: THE AGENCY

Toronto, ON M2R 2L7
Listed By: HOMELIFE NEW WORLD 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.