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
$2,890,000
Bedrooms
6 Beds
Bathrooms
4 Baths
Size
2500-3000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$10429.02
Exceptional development opportunity in prime Forest Hill South. Approved severance and minor variances in place for the creation of four residential lots, each intended for three-storey semi-detached dwellings. Approvals remain subject to conditions, including servicing and municipal requirements. Proposed lots offer efficient frontage and density, with approved relief for increased floor space index, reduced setbacks, and enhanced building envelopes. The property is currently tenanted, offering strong rental income and attractive holding potential during the development and permitting process. Property is being sold as-is. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions.
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Contact MeTotal Monthly Payment
$11,751 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,312,000
Total Interest Payments
$1,425,489
Total Payment (Principal + Interest)
$3,737,489
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
