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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
$2,488,000
Bedrooms
Not listed
Bathrooms
Not listed
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Year Built
Not listed
Property Type
House
Property Taxes
$11233.58
Prestigious Corner Development Opportunity | 463 Vaughan Road, Toronto. A rare opportunity to acquire a prominent corner parcel in a rapidly evolving Toronto neighbourhood. 463 Vaughan Road presents exceptional potential for developers, investors, and visionary builders seeking to capitalize on the area's continued growth and transformation. Currently vacant land and not yet entitled, the property offers the potential to explore a boutiquedevelopment of approximately six townhomes or an apartment or condominium building of up to eightstoreys, subject to municipal approvals, zoning, and all applicable planning requirements. With new homes emerging throughout the surrounding area and an increasingly affluent buyerdemographic driving demand, this is an opportunity to secure a strategic parcel for long-term land for banking, the possibilities are compelling. Opportunities of this calibre are rarely offered for sale. Secure a prestigious corner property with significant future potential and position yourself to participate in the next chapter of this growing Toronto neighbourhood.
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Contact MeTotal Monthly Payment
$10,374 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,990,400
Total Interest Payments
$1,227,203
Total Payment (Principal + Interest)
$3,217,603
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.