






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
$1,180,000
Bedrooms
2 Beds
Bathrooms
2 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6800
Client Remarks**ARGUABLY THE BEST LOT IN THE AREA - RARE investment for Investors, Builders, or Families. This 50 X 134 FT DOUBLE-FRONTAGE CORNER LOT offers THREE OPEN SIDES AND ONLY ONE ADJACENT NEIGHBOUR - instead of the typical three - with NO REAR NEIGHBORS and absolute privacy. Unlike typical busy corners, this unique property sits on a QUIET PRIVATE CUL-DE-SAC offering a peaceful, "no-traffic" sanctuary with prominent dual street presence for a future rebuild.*** INVESTORS/BUILDERS: Perfect canvas for a luxury detached residence or a high-yield MULTIPLEX + GARDEN SUITE. The dual street frontage enables flexible site planning and multiple unit entrances - rare in this area. Under Toronto's current multiplex zoning: UP TO 5 UNITS AS-OF-RIGHT (4-unit multiplex + garden suite), NO REZONING REQUIRED, development charges fully waived (Toronto waives DCs on multiplexes up to 6 units), and NO PARKING MINIMUM.*** READY TO RENT: SEPARATE ENTRANCE finished basement for immediate dual-stream income. Hold and rent while permitting, or live in while planning your build.*** FAMILIES: 100% turnkey, meticulously maintained home. Move right into a safe, serene neighborhood near top-rated schools. The deep, private backyard is a rare park-like retreat featuring an Amazing Outdoor Space & a Large Covered Patio - perfect for quiet entertaining with neighbor-free views. Separate entrance provide perfect potential for Multi-Generational Living.*** AMAZING LOCATION: Prime Yonge & Steeles position - steps to Centrepoint Mall, T&T Supermarket, Galleria, the FUTURE Yonge North Subway Extension. Quick access to Highway 401 and Finch Subway. **THIS ISN'T JUST A HOME; it's a GENERATIONAL ASSET in a rapidly appreciating transit-oriented hub. Land value and lifestyle converge here. Don't miss this true strategic investment! Pictures are artist concepts.
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Contact MeTotal Monthly Payment
$5,306 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$944,000
Total Interest Payments
$582,034
Total Payment (Principal + Interest)
$1,526,034
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M2R 2L3
Listed By: SUTTON GROUP OLD MILL 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.