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1342 Avenue Road, Lawrence Park South M5N 2H2

Price

$1,799,000

Bedrooms

6 Beds

Bathrooms

3 Baths

Size

3500-5000 sqft

Year Built

51-99

Property Type

House

Property Taxes

$10957.2

Description

Great opportunity to own a beautiful legal triplex in a highly sought-after area. This building includes three self-contained apartments. Main floor unit is vacant and ready for occupancy. Perfect for a live-in user. Basement can be converted into another unit for additional income. Garage spaces for two cars and two outdoor parking spots. Laundry room and storage is located in the basement. Main floor is vacant, second and third-floor apartments are occupied. This property presents a unique opportunity to live in while providing a good rental income. Tenant demand in this area is high. Vacancies typically draw multiple qualified applications. This is a very rare opportunity. Income and expense statement is available.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,876 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,439,200

Total Interest Payments

$887,355

Total Payment (Principal + Interest)

$2,326,555

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

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.

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