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
$2,488,000
Bedrooms
8 Beds
Bathrooms
16 Baths
Size
3500-5000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$16172.66
Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity!
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closet, hardwood floor
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carpet free, hardwood floor
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b/i appliances, breakfast area
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closet, hardwood floor
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Hardwood Floor
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3 pc ensuite, carpet free
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3 pc ensuite, carpet free
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3 pc ensuite, carpet free
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3 pc ensuite, carpet free
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2 pc ensuite, carpet free
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3 pc ensuite, carpet free
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3 pc ensuite, carpet free
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2 pc ensuite, carpet free
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3 pc ensuite, carpet free
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0' × 0'
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carpet free, 3 pc ensuite
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0' × 0'
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3 pc ensuite, carpet free
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0' × 0'
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3 pc ensuite, hardwood floor
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0' × 0'
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carpet free, hardwood floor
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0' × 0'
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Hardwood Floor
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0' × 0'
Features
b/i appliances, breakfast area
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0' × 0'
Features
closet, hardwood floor
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0' × 0'
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3 pc ensuite, carpet free
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0' × 0'
Features
3 pc ensuite, carpet free
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0' × 0'
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3 pc ensuite, carpet free
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3 pc ensuite, carpet free
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2 pc ensuite, carpet free
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3 pc ensuite, carpet free
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0' × 0'
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3 pc ensuite, carpet free
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0' × 0'
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carpet free, 3 pc ensuite
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0' × 0'
Features
3 pc ensuite, carpet free
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0' × 0'
Features
closet, hardwood floor
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0' × 0'
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3 pc ensuite, hardwood floor
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0' × 0'
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2 pc ensuite, carpet free
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0' × 0'
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3 pc ensuite, carpet free
Have questions about this property?
Contact MeTotal Monthly Payment
$10,786 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,990,400
Total Interest Payments
$1,227,203
Total Payment (Principal + Interest)
$3,217,603
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.
