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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,199,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5264
Stop your search!! This 3 unit home is Perfect for investors, multi-generational families, or buyers looking to offset their mortgage by living in one unit while generating rental income from the others. The bright and inviting upper-level 1-bedroom suite boasts a spacious second-floor deck, perfect for morning coffee or relaxing evenings, along with ample storage throughout and a renovated bath with wall to wall closets in the bedroom. The main-floor 2 bedroom unit is full of character and functionality, featuring a dedicated office nook, abundant storage space, and a versatile 2nd open bedroom which has a multitude of uses + the exclusive use of a beautiful private garden-an ideal urban retreat.The lower-level 1-bedroom suite offers a separate entrance, generous living space, and excellent layout, making it an attractive rental option or comfortable living quarters for extended family. 2 sets of laundry, wide mutual driveway with a single car garage and the use of a front pad parking and 2 hydro meters, one for the upper and the other for the main/lower. Potential income of $5200/mth with tons of upgrades throughout with very low maintenance. Whether you're looking for a smart investment or a chance to enter the market with built-in income potential, this property checks all the boxes. Live in one unit and rent the other two, helping to build equity while enjoying all the benefits of homeownership.
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Contact MeTotal Monthly Payment
$5,246 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$959,200
Total Interest Payments
$591,406
Total Payment (Principal + Interest)
$1,550,606
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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Listed By: MCCANN REALTY GROUP LTD.

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Listed By: SUTTON GROUP-ASSOCIATES REALTY INC.

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Listed By: HARVEY KALLES REAL ESTATE LTD.

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Listed By: SUTTON GROUP-ASSOCIATES REALTY INC.

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.