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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
$5,490,000
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
5000 + sqft
Year Built
Not listed
Property Type
House
Property Taxes
$17203
Rare Forest Hill South opportunity! Exceptional approx. 72.10 x 152.37 ft south-facing estate-sized lot located in one of Toronto's most prestigious and sought-after neighbourhoods. A remarkable offering combining location, scale, flexibility and future potential. Plans and approvals are available for a proposed approximately 8,000 sq ft above-grade transitional residence designed by renowned architect Richard Wengle, complemented by landscape design plans featuring a private swimming pool and cabana. Proposed plans include an approximately 3,800 sq ft lower level, offering nearly 11,800 sq ft of proposed total finished living space (buyer to verify all details, measurements, plans and approvals).Significant preliminary work has already been completed, including architectural design, approvals, surveys and associated municipal processes. Deposits have been paid as per Seller, including construction fencing, tree and service disconnect deposits, providing a buyer with the benefit of an opportunity where substantial planning and preparation have already been undertaken. This can help reduce the time and uncertainty typically associated with bringing a custom residence vision from concept to the next stages.The existing large brick residence provides exceptional flexibility - renovate and create your dream home, reno & enjoy the property while planning a future custom residence, maintain as a long-term asset, reno & lease while planning, or explore the many possibilities available with this rare parcel of land.Surrounded by mature trees, prestigious residences, parks and the charm of Forest Hill Village. Steps to boutique shops, restaurants, transit and renowned schools including UCC and walking distance to Bishop Strachan (buyer to verify). An extraordinary opportunity to secure a significant property in one of Toronto's most coveted communities.
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Contact MeTotal Monthly Payment
$21,656 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$4,392,000
Total Interest Payments
$2,707,936
Total Payment (Principal + Interest)
$7,099,936
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M4V 2W1
Listed By: CHESTNUT PARK REAL ESTATE LIMITED

Toronto, ON M4V 1T1
Listed By: FOREST HILL REAL ESTATE INC.

Toronto, ON M4V 2N8
Listed By: EXP REALTY

Toronto, ON M4V 1A1
Listed By: RE/MAX REALTRON BARRY COHEN HOMES 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.