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
$2,250,000
Bedrooms
4 Beds
Bathrooms
4 Baths
Size
2000-2500 sqft
Year Built
100+
Property Type
House
Property Taxes
$9721.83
Visit REALTOR website for additional information.Exceptional investment opportunity in the heart of Toronto's highly sought-after LittleItaly/Palmerston neighbourhood.This legal fourplex has been extensively renovated and meticulously maintained, offering a rarcombination of strong existing income, vacant units for immediate upside, and outstandinglong-term appreciation potential. Featuring four self-contained suites with four separate hydro meters. All units have their ownsource of heat with no shared air ducts, as well as in-suite W/D, dishwasher and built-inmicrowave.Two units are currently tenanted, while two vacant units offer the flexibility toselect your own tenants at current market rents or occupy one unit yourself while generatingsubstantial income from the others. The thoughtfully configured layout includes a spacious 1-bed, 1-bath basement apartment in a professionally underpinned (8ft ceiling) lower level; a bright 2-bed, 1-bath main floor suite;a 1-bed, 1-bath second-floor apartment; and a unique upper two-level 1-bed, 1-bath suitespanning the second and third floors. In total, the property offers 5 bedrooms and 4 bathroomsacross four legal units. Extensive upgrades and renovations throughout the building deliver turnkey ownership with prideof ownership evident at every turn. Two on-site parking spaces further enhance tenant appealand owner convenience.Ideally located steps from College Street's renowned restaurants, cafés, boutiques, parks, andtransit, this vibrant west-end neighbourhood continues to attract quality tenants andhomeowners alike. Enjoy easy access to Little Italy, Bickford Park,Christie Pits,KensingtonMarket, the University of Toronto, and downtown Toronto. Whether you're an investor seekingimmediate cash flow and future rental upside or an owner-occupier looking to offset yourmortgage with rental income, this is a rare opportunity to acquire a legal,fully upgradedmulti-unit property in one of Toronto's most desirable urban communities.
Dimensions
3.04' × 3.6'
Features
Dimensions
8.96' × 3'
Features
Dimensions
7.12' × 2.98'
Features
Dimensions
3.54' × 4.32'
Features
Dimensions
4.88' × 2.96'
Features
Dimensions
4.3' × 3.2'
Features
Dimensions
3.15' × 3.15'
Features
Dimensions
3.5' × 3.23'
Features
Dimensions
3.18' × 3.15'
Features
Dimensions
5.18' × 3.23'
Features
Dimensions
3.28' × 3.23'
Features
Dimensions
2.5' × 5.1'
Features
Dimensions
2.32' × 3'
Features
Dimensions
2.32' × 3'
Features
Dimensions
3.54' × 4.32'
Features
Dimensions
8.96' × 3'
Features
Dimensions
5.18' × 3.23'
Features
Dimensions
4.88' × 2.96'
Features
Dimensions
4.3' × 3.2'
Features
Dimensions
3.5' × 3.23'
Features
Dimensions
7.12' × 2.98'
Features
Dimensions
3.04' × 3.6'
Features
Dimensions
3.18' × 3.15'
Features
Dimensions
2.5' × 5.1'
Features
Dimensions
3.28' × 3.23'
Features
Dimensions
3.15' × 3.15'
Features
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Contact MeTotal Monthly Payment
$9,393 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,800,000
Total Interest Payments
$1,109,810
Total Payment (Principal + Interest)
$2,909,810
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.
