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20 Redwing Place, Banbury-Don Mills M3C 2A8

Price

$1

Bedrooms

7 Beds

Bathrooms

6 Baths

Size

3500-5000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$6130.82

Description

"Welcome to 20 & 20A Redwing Place! The owner has applied for a permit to upgrade the property into a 5-plex without demolishing the two existing houses in the heart of Don Mills. The original semi has been totally renovated, with a brand-new main and upper floor featuring 3 bedrooms, 2 baths, and a spacious kitchen, living, and dining area.Number 20A, with over 4,800 sq. ft. including the basement, has also been recently renovated. It features a large entryway, main-floor laundry, a sun-filled living and dining area, a family room, and a massive eat-in kitchen with a walkout to the deck and a large, private backyard. Upstairs, you will find a spacious primary bedroom with a walk-in closet, a 6-piece ensuite, and 3 other huge bedrooms. The basement is being modified into two 2-bedroom apartments with a separate entrance. The 2-car garage will be replaced by a new 2-story garden suite, and the driveway is being updated to fit 7 cars. With a lot size of over 10,000 sq. ft., this is an incredible investment opportunity: enjoy 5-plex living, rent out four units while living in the fifth, or rent out all five-the possibilities are endless! "Key Improvements Made. All staging are virtual

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$1,011 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1

Total Interest Payments

$1

Total Payment (Principal + Interest)

$2

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

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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