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44 Transwell Avenue, Newtonbrook West M2R 2J8

Price

$1,749,888

Bedrooms

3 Beds

Bathrooms

3 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$7251.09

Description

The Ultimate Cash-Flow Investment in North York. Situated on a premium 60x125-foot lot, this extensively upgraded home offers exceptional flexibility. It is designed to function as a premium single-family home, a spacious multi-generational residence, or an income-generating investment with high ROI & unmatched rental income of $8,000/month. Exceptional Development Potential: The lot meets requirements for an 1100 SF two-storey Garden Suite, subject to municipal approvals, creating additional solid rental income. Located near excellent schools, parks & extensive trails, shopping & vibrant dining options. Only 8 minute drive to Finch Subway Station & 12 minutes to York University. Quick access to Highways 401, 404, 400 & 407. Separate entrance to lower level units; New lifetime warranty metal roof; New front & side stone veneer; New 6 car interlock driveway; New large deck overlooking a spacious backyard with mature trees; New high-efficiency windows on all levels bring in lots of light to the basement; New front entrance door & patio door; Many high-efficiency upgrades including R60 attic insulation; New Wi-Fi-enabled garage door & 60-amp line for Level 2 EV fast charging. Upgraded 200-amp main panel & 125-amp sub-panel; New AC & humidifier; Dual-source gas & electric heating options for lower-level units; Custom floor-to-ceiling kitchen cabinetry & premium quartz countertops & matching quartz backsplashes for all units; Dual centre islands & quartz waterfall; Premium stainless steel appliances in all units; Elegant Bathrooms: 24x48-inch porcelain tiles, premium glass shower doors, quality faucets & vanities & Pfister spa unit; Premium wide-plank European oak engineered wood in main floor. Durable rigid-core luxury vinyl planks in lower-level units; Custom interior doors & premium black Weiser handles in all units; Oversized real wood baseboards & trim in all units; Separate laundry rooms for all units with graphite stainless steel washers & dryers.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,391 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,399,911

Total Interest Payments

$863,130

Total Payment (Principal + Interest)

$2,263,041

Get An Estimate On Selling Your House

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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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Meet Ken Matsumoto

Meet Ken Matsumoto

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.

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