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
$2,650,000
Bedrooms
2 Beds
Bathrooms
2 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5308.78
Exceptional redevelopment opportunity in Toronto's thriving Missing Middle housing segment. This property offers the potential to create a modern 6-plex plus a detached garden suite (subject to municipal approvals). An ideal option for those looking to maximize property utility and adapt to multi-unit living trends. Current value works out to less than $400,000 per potential dwelling unit, representing rare value in today's market for a well-located site. FoxyHome specializes in guiding property owners through the process of designing and building quality multi-unit residences that align with City of Toronto planning guidelines. Buyers are encouraged to perform their own due diligence regarding zoning, permits, and development feasibility. All information provided is believed to be accurate but is not warranted and should be independently verified. Keep your home and grow your wealth.
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Contact MeTotal Monthly Payment
$10,463 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,120,000
Total Interest Payments
$1,307,110
Total Payment (Principal + Interest)
$3,427,110
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.
