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
$2,498,000
Bedrooms
3 Beds
Bathrooms
2 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$12186
Excellent opportunity for investors, builders, and developers in a prime North York location. This property offers strong long-term redevelopment potential, whether held as a rental or explored for future construction. The lot presents the possibility for redevelopment subject to city approvals, with potential for townhouse development. The surrounding area continues to experience active intensification, making this a strategic acquisition for those seeking future upside. The property may also benefit from potential land assembly with neighbouring parcels, further enhancing redevelopment options. Conveniently located near Bayview Avenue, transit, schools, and amenities. A rare chance to secure a well-positioned parcel in an established neighbourhood with strong growth fundamentals.
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Contact MeTotal Monthly Payment
$10,490 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,998,400
Total Interest Payments
$1,232,136
Total Payment (Principal + Interest)
$3,230,536
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M2N 3J3
Listed By: HOMEWISE REAL ESTATE
Toronto, ON M2N 3A3
Listed By: U DREAM HOME REALTY
Toronto, ON M2N 2Y1
Listed By: MAPLE LIFE REALTY INC.
Toronto, ON M2N 3R9
Listed By: CENTURY 21 ATRIA 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.
