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
$1,799,000
Bedrooms
5 Beds
Bathrooms
3 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$8202.55
Situated in prime Lytton Park, this lovely Tudor style triplex presents an excellent income generating investment opportunity in one of Toronto's most sought after neighbourhoods. Fully tenanted & well cared for, this property is steps from John Ross Robertson & Havergal College. Two spacious above grade units feature hardwood flooring, lead glass windows & gas fireplaces. The lower unit has pot lights and a combined kitchen and living room. Surrounded by mature trees & multi million dollar homes, the property is conveniently located near the amenities of Avenue Road and Yonge Street and steps to the Avenue Road express bus for an easy commute downtown. All tenants are on month to month leases & would love to stay, offering immediate rental income & strong long term value. Parking is exceptional, with a deeded double car garage & private drive off Glenview Avenue accommodating up to 6 cars. Tenants enjoy the proximity to the beautiful walking trails through the Chatsworth ravine. See Income and Expenses in the attachment on line. The attached semi, single family home, is also for sale & may be purchased together (MLS #C14031616). Photos of the main and second level are virtually staged.
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Contact MeTotal Monthly Payment
$7,647 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,439,200
Total Interest Payments
$887,355
Total Payment (Principal + Interest)
$2,326,555
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.
