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
$3,500,000
Bedrooms
4 Beds
Bathrooms
4 Baths
Size
2000-2500 sqft
Year Built
100+
Property Type
House
Property Taxes
$8083.81
Excellent investment opportunity at 6 Ferndale Avenue, major intersection at Yonge and St. Clair! This 3-storey detached offers 3 self-contained units, each featuring a full kitchen and in-suite stacked washer & dryer-ideal for strong rental income or multi-generational living. The basement includes a separate entrance to a 1-bedroom apartment with a full kitchen and stacked washer & dryer. The property is equipped with 4 separate 100 AMP hydro meters. Ample parking with 5 reserved spaces (currently rented $900.00 per month). Located in a rapidly evolving neighborhood, with surrounding new developments enhancing the area's lifestyle, amenities, and long-term growth potential. Conveniently walking distance to St. Clair TTC station, Library, Loblaws and Farm Boy grocery stores, across the street to Deer Park Jr/Sr Public school, park trail and more.
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Contact MeTotal Monthly Payment
$13,747 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,800,000
Total Interest Payments
$1,726,371
Total Payment (Principal + Interest)
$4,526,371
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
