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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
$3,450,000
Bedrooms
5 Beds
Bathrooms
3 Baths
Size
3000-3500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$8432
Rare Forest Hill Investment & Development Opportunity. Positioned on one of Toronto's most prestigious residential corridors, 380 Spadina Road offers an exceptional combination of immediate rental income, substantial land value, and long-term redevelopment potential. Located just north of Casa Loma, this prominent property is currently improved with a substantial seven-bedroom residence and is fully tenanted, providing income from day one while future plans take shape.Set behind a distinguished grey stone and red brick façade, the property delivers impressive street presence, mature landscaping, and the character expected of this coveted Forest Hill setting. Investors can maintain the existing income-producing asset, while future opportunities may include a luxury estate conversion, enhancement of the existing residence, redevelopment of the carriage house for additional income, or a larger-scale redevelopment strategy, subject to approvals. With strong frontage, an established executive neighbourhood, and proximity to transit, premier schools, parks, Casa Loma, downtown Toronto, and the city's financial and cultural districts, the property offers both strategic flexibility and enduring location value.An increasingly rare opportunity to secure a prominent Forest Hill property where income, land, location, and future potential converge.
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Contact MeTotal Monthly Payment
$13,597 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,760,000
Total Interest Payments
$1,701,709
Total Payment (Principal + Interest)
$4,461,709
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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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. 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.