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
$3,999,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4599
Prime development opportunity on Kingston Rd! This 120 x 130 ft lot (15,600 sq. ft.) offers immense potential for investors, developers, and builders.Located in a high-growth area, this property is zoned RD, permitting a wide range of uses beyond residential, including community centres, day nurseries, group homes, laneway suites, libraries, places of worship, private home daycares, secondary suites, short-term rentals, transportation uses, and more.With new city street studies in progress and high-rise developments getting approved along major streets in Scarborough, this site presents a rare opportunity for future intensification. Dont miss out on this prime location with flexible zoning and future growth potential. Do not walk the lot or knock on the door without an appointment.
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Contact MeTotal Monthly Payment
$15,250 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,199,200
Total Interest Payments
$1,972,502
Total Payment (Principal + Interest)
$5,171,702
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M1M 1G5
Listed By: HOMELIFE OPTIMUM REALTY
Toronto, ON M1M 2V6
Listed By: KELLER WILLIAMS EMPOWERED REALTY
Toronto, ON M1M 2M9
Listed By: REALTY ONE GROUP REVEAL
Toronto, ON M1M 2R3
Listed By: ROYAL LEPAGE ESTATE REALTY
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.
