Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
17 Gustav Crescent, Newtonbrook East M2M 2C6
Price
$1,880,000
Bedrooms
10 Beds
Bathrooms
11 Baths
Size
3000-3500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$14478.47
Description
Rare Investment Opportunity With Stable 7% Cash Flow Potential! Located In The Prestigious Bayview/Cummer Area, This Beautiful 2-Storey Home Sits On A Premium Ravine Lot Measuring 50 X 130 Ft. Offering Approximately 3,500 Sq. Ft. Of Living Space Plus A Finished Walk-Out Basement With Separate Entrance, This Bright And Spacious Home Features 9-Ft Ceilings On The Second Floor, Hardwood Flooring, Marble Flooring (2012), An Enclosed Front Porch With French Doors, And A Functional Open Layout. Enjoy Stunning Ravine Views From The Huge Sundeck And Private Master Bedroom Balcony. Double Car Garage And Excellent Natural Light Throughout. Situated In A Family-Oriented Community With Parks And Walking Trails Nearby. Steps To Cummer Valley Middle School And St. Joseph Morrow Park High School. Conveniently Located Close To Shopping, Highways, Community Centres, And All Amenities. Guaranteed Stable Income Of $11,000 Per Month With High Return Potential For One Year.
Property Dimensions
Second Level
Bedroom 4
Dimensions
4.88' × 4.57'
Features
hardwood floor, walk-in closet(s), window
Bedroom 2
Dimensions
4.88' × 3.35'
Features
hardwood floor, 4 pc ensuite, walk-in closet(s)
Bedroom 3
Dimensions
5.48' × 5.18'
Features
hardwood floor, overlooks ravine, closet
Primary Bedroom
Dimensions
8.83' × 3.66'
Features
hardwood floor, 6 pc ensuite, overlooks ravine
Main Level
Bedroom
Dimensions
4.05' × 4.14'
Features
hardwood floor, 3 pc ensuite, closet
Bedroom
Dimensions
3.53' × 3.47'
Features
hardwood floor, window, closet
Kitchen
Dimensions
3.96' × 3.96'
Features
stainless steel appl, backsplash, overlooks ravine
Lower Level
Recreation
Dimensions
7.81' × 4.57'
Features
hardwood floor, w/o to patio, overlooks ravine
Bedroom
Dimensions
3.96' × 3.66'
Features
hardwood floor, above grade window
All Rooms
Recreation
Dimensions
7.81' × 4.57'
Features
hardwood floor, w/o to patio, overlooks ravine
Kitchen
Dimensions
3.96' × 3.96'
Features
stainless steel appl, backsplash, overlooks ravine
Primary Bedroom
Dimensions
8.83' × 3.66'
Features
hardwood floor, 6 pc ensuite, overlooks ravine
Bedroom 4
Dimensions
4.88' × 4.57'
Features
hardwood floor, walk-in closet(s), window
Bedroom 2
Dimensions
4.88' × 3.35'
Features
hardwood floor, 4 pc ensuite, walk-in closet(s)
Bedroom 3
Dimensions
5.48' × 5.18'
Features
hardwood floor, overlooks ravine, closet
Bedroom
Dimensions
4.05' × 4.14'
Features
hardwood floor, 3 pc ensuite, closet
Bedroom
Dimensions
3.53' × 3.47'
Features
hardwood floor, window, closet
Bedroom
Dimensions
3.96' × 3.66'
Features
hardwood floor, above grade window
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$8,461 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,504,000
Total Interest Payments
$927,308
Total Payment (Principal + Interest)
$2,431,308
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Meet Ken Matsumoto
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.
