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
$3,750,000
Bedrooms
6 Beds
Bathrooms
6 Baths
Size
3500-5000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$9100.31
Legal five-unit residence in Forest Hill South, on a quiet corner at Spadina Road and steps to Forest Hill Village. Fully tenanted and generating strong in-place income across five self-contained, separately metered suites. Approximately 4,800 square feet above grade across three storeys and a finished at-grade lower level, arranged as a two-bedroom main-floor suite with walk-out to a private landscaped garden, a one-bedroom lower suite with separate entrance, and three upper apartments. Several suites have been recently renovated with new flooring, lighting, fixtures and stainless appliances.The significant capital work is already complete: comprehensive rewiring, copper plumbing upgrades and replacement windows between 2013 and 2015, together with a gas-fired boiler and air conditioning installed in 2014. Five hydro meters allow tenant-paid electricity. Separate laundry serves the main and lower suites; the upper apartments share coin-operated laundry. Three parking spaces including an attached garage. A rare income holding in one of Toronto's most established residential pockets, minutes to top-ranked schools, parks, transit, and the shops and restaurants of Forest Hill Village. Some images may be virtually staged.
Dimensions
3.4' × 5.18'
Features
Hardwood Floor
Dimensions
3.5' × 4.81'
Features
fireplace, bay window, hardwood floor
Dimensions
1.8' × 7.43'
Features
Hardwood Floor
Dimensions
3.38' × 4.26'
Features
hardwood floor, w/o to deck
Dimensions
3.4' × 4.69'
Features
Hardwood Floor
Dimensions
3.99' × 3.04'
Features
hardwood floor, ensuite bath, stone counters
Dimensions
2.8' × 2.34'
Features
4 pc bath, stone counters
Dimensions
2.31' × 2.13'
Features
Dimensions
1.8' × 7.43'
Features
Hardwood Floor
Dimensions
2.31' × 2.13'
Features
Dimensions
3.5' × 4.81'
Features
fireplace, bay window, hardwood floor
Dimensions
3.4' × 4.69'
Features
Hardwood Floor
Dimensions
3.4' × 5.18'
Features
Hardwood Floor
Dimensions
3.38' × 4.26'
Features
hardwood floor, w/o to deck
Dimensions
3.99' × 3.04'
Features
hardwood floor, ensuite bath, stone counters
Dimensions
2.8' × 2.34'
Features
4 pc bath, stone counters
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Contact MeTotal Monthly Payment
$14,730 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,000,000
Total Interest Payments
$1,849,683
Total Payment (Principal + Interest)
$4,849,683
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.
