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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
$2,329,000
Bedrooms
5 Beds
Bathrooms
5 Baths
Size
2500-3000 sqft
Year Built
New
Property Type
House
Property Taxes
$6325.16
Welcome to 199 Arlington Ave - a never-lived-in home in Cedarvale, designed to maximize space, flexibility and income potential. Finished with a modern European sensibility, this home features top-of-the-line Italian finishes, including imported doors, windows, faucets and hardware, creating the feeling of a contemporary villa in the heart of the city. Designed to suit virtually any lifestyle, this is an incredible opportunity for growing families, investors, multi-generational living or anyone looking to offset their mortgage with substantial supplementary income. The property features two optional self-contained living spaces: a fully separate, separately metered garden suite, plus a complete lower-level apartment. Together, these spaces have the potential to generate an estimated $5,500-$6,000 per month in supplementary income. Alternatively, the garden suite offers an outstanding private home office, studio, guest suite or space for extended family. Inside, every detail is brand new. Hardwood flooring runs throughout, complemented by custom millwork, luxurious Italian fixtures and high-end built-in Thermador appliances. The layout has been carefully planned to maximize functionality without sacrificing style, offering generous principal rooms, natural light and sophisticated finishes. Set in sought-after Cedarvale, 199 Arlington offers the best of city living with a true neighbourhood feel. Enjoy easy access to parks, ravine trails, shops, restaurants, transit and neighbourhood amenities. Families will also appreciate being part of the Humewood Community School neighbourhood. Whether you are searching for a luxurious family home, an investment with multiple income streams, a multi-generational property, or simply a brand-new home with extraordinary flexibility, 199 Arlington delivers.
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Contact MeTotal Monthly Payment
$9,394 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,863,200
Total Interest Payments
$1,148,777
Total Payment (Principal + Interest)
$3,011,977
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M6C 3G1
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.