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
$2,150,000
Bedrooms
3 Beds
Bathrooms
2 Baths
Size
3500-5000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$9307.48
Exceptional Development Opportunity in Downtown Toronto! Attention Builders, Developers & Investors - 39 River Street offers a rare opportunity to acquire a prime development site in a rapidly evolving downtown neighbourhood. Situated on an approximately 22' x 116' lot, this property offers outstanding redevelopment potential in a highly desirable location surrounded by significant residential growth and urban revitalization. Previous plans contemplated a purpose-built multi-residential development with 10 units and approximately 7,300 sq. ft. of leasable/sellable area. Conveniently located close to Regent Park, Corktown, the Distillery District, Riverside, downtown amenities, public transit, parks, schools and major routes. An outstanding opportunity for developers and investors looking to capitalize on continued growth in Toronto's downtown east.
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Contact MeTotal Monthly Payment
$9,000 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,720,000
Total Interest Payments
$1,060,485
Total Payment (Principal + Interest)
$2,780,485
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.
