






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
$1,439,000
Bedrooms
4 Beds
Bathrooms
4 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6417.28
Welcome To 123 Seaton St! An Exceptional Turn Key Investment Opportunity In The Heart Of Cabbagetown, This Fully Tenanted And Extensively Renovated 3 Unit Property Generates Over $99,996 In Gross Annual Rental Income And Delivers An Impressive 5.8% Cap Rate. With Major Capital Work Completed, Separate Hydro Meters And Quality Tenants In Place, This Is A Rare Opportunity Offering Both Immediate Cash Flow And Long-Term Appreciation Potential. Set On A Charming, Tree Lined One-Way Street, The Property Features Exposed Brick, Hardwood Floors, Quartz Countertops, Stainless Steel Appliances And Ensuite Laundry In Every Unit. The Spacious Upper 3 Bedroom, 2 Bath Suite Offers Two Private Decks, Skylights, An Open-Concept Layout And Feature Fireplace, While The Main Floor And Basement 1 Bedroom Units Each Offer Private Outdoor Space. A Classic Brick Facade, Covered Porch, Front Garden And Rear Laneway Parking For Two Cars Complete The Package. Cabbagetown Is Benefiting From Substantial New Investment, Including The Future Ontario Line And Significant Residential Development Nearby. Steps From Cafes, Transit And Parks, This Is An Exceptional Opportunity To Acquire A High Demand Cabbagetown Income Property With Strong Fundamentals, Built In Value And Compelling Future Upside.
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Contact MeTotal Monthly Payment
$6,205 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,151,200
Total Interest Payments
$709,785
Total Payment (Principal + Interest)
$1,860,985
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.