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
$674,900
Bedrooms
1 Beds
Bathrooms
2 Baths
Size
700-799 sqft
Year Built
16-30
Property Type
Condo
Property Taxes
$3144.54
Spacious 1+1 Bedroom, 2 Bathroom Suite at The Royalton! Prime Investment Opportunity with Strong Rental Income Potential. Rare opportunity to own in this highly sought-after, well-managed building in a high-demand Toronto location. This bright and functional 1-bedroom + large den layout with two full bathrooms offers excellent cash flow potential, and long-term appreciation value. The oversized den comfortably fits a bed, making it a true second bedroom or office space. The enclosed sunroom adds additional space, perfect for those working from home. Featuring floor-to-ceiling windows, an open-concept living and dining area, and a full-sized kitchen with ample cabinetry, breakfast bar, and updated stainless steel appliances. A separate in-suite laundry room provides added convenience and storage. The primary bedroom offers south-facing views and a private ensuite. Steps to TTC transit, universities, major hospitals, shopping, and restaurants. This is a turnkey investment property in a prime downtown location with excellent tenant appeal and strong resale value. A smart addition to any real estate portfolio. **Washer/Dryer have just been replaced and are included with the unit.
Unit Number
24
Maintenance Fee
$934.76/month
Inclusions
Heat, Water
Building Insurance
Yes
Exposure
South
Locker
Not listed
Parking Type
None
Pet Policy
Yes-with Restrictions
Property Manager
GPM Property Management 416 963 5979
Stories
2 floors
Condo Corp Number
1322
Water
Included
Hydro
Not included
Cable
Not included
Heat
Included
Parking
Not included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$539,920
Total Interest Payments
$332,894
Total Payment (Principal + Interest)
$872,814
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M4Y 1J6
Listed By: INTERNATIONAL REALTY FIRM, INC.
Toronto, ON M4Y 0G4
Listed By: RE/MAX HALLMARK REALTY LTD.
Toronto, ON M4Y 0E9
Listed By: ON THE BLOCK
Toronto, ON M5J 2S7
Listed By: ROYAL LEPAGE SIGNATURE REALTY
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.
