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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
$1,399,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$7752
High-Income with Low worries in one of Toronto's most popular neighbourhoods. This professionally maintained home is located on a quiet, tree-lined street just a short walk to Trinity Bellwoods Park and Queen Street West. Unit 1 is a fully furnished + thoughtfully designed 2 bedroom apartment. While located in the basement, it offers high ceilings and windows throughout. Unit 2 is a large, completely furnished 1 bedroom main floor apartment with lots of charm, extra high ceilings and plenty of natural light. Amazing owner-occupied potential, with open concept living room + office space, plus dine-in kitchen with dishwasher and access to a large back yard. All furniture and decor for these units is included in the sale price! (See exclusions). Located upstairs, Unit 3 is a bright two-bedroom apartment with a beautiful balcony. Sliding doors invite warm western sunlight into the space, while both oversized bedrooms feature large windows and ample closet storage. Don't feel like heading to the park? This home has a large backyard with access from both the basement and main floor apartments. Out back you will also find the detached garage with laneway house potential. (See letter attached). This investment has Lots of upside - add an additional storey like many in the neighbourhood or convert into your single-family dream home. The pay laundry machines bring additional funds every month! This property has a proven track record of high income and low vacancy. Truly a turn-key and hassle-free investment. Full financials and home inspection available, reach out today!
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Contact MeTotal Monthly Payment
$6,172 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,119,200
Total Interest Payments
$690,055
Total Payment (Principal + Interest)
$1,809,255
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M6J 1A1
Listed By: J. K. HOFFMANN REAL ESTATE LTD.

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.