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
$1,720,800
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$7352.35
Exceptional opportunity to own a legal detached duplex in one of the area's most desirable, established neighborhoods. This solid masonry-built property features two self-contained units plus a basement, making it an ideal investment opportunity or an excellent choice for owner-occupants looking to offset their mortgage with rental income. Showcasing the quality craftsmanship of its era, the home offers three separate entrances, beautiful hardwood floors, original wood doors, and durable plaster walls. A detached double-car garage with convenient laneway access provides ample parking and additional value. Investors will appreciate the potential to add a future laneway suite (subject to municipal approvals), creating an opportunity for additional rental income and long-term appreciation. The flat roof was re-shingled in 2023, providing added peace of mind. Ideally situated in a mature, established neighborhood close to transit, schools, parks, shopping, and everyday amenities, this is a rare opportunity to acquire a legal income-generating property with excellent future upside in a highly sought-after location.
Dimensions
4.31' × 3.08'
Features
hardwood floor, closet
Dimensions
4.11' × 1.98'
Features
ceramic floor, w/o to yard
Dimensions
3.17' × 3.05'
Features
hardwood floor, broadloom
Dimensions
4.31' × 3.08'
Features
hardwood floor, closet
Dimensions
4.11' × 1.98'
Features
ceramic floor, w/o to yard
Dimensions
3.17' × 3.05'
Features
hardwood floor, broadloom
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Contact MeTotal Monthly Payment
$7,295 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,376,640
Total Interest Payments
$848,783
Total Payment (Principal + Interest)
$2,225,423
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M6H 1A9
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.
