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1130 Woodbine Avenue, Danforth Village-East York M4C 4C8

Price

$949,000

Bedrooms

4 Beds

Bathrooms

3 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4305.84

Explore A Virtual Tour

Description

Stop searching - your perfect cash flow investment is here! This one-of-a-kind property is designed as a legal rooming house offering incredible income potential and flexibility. The main floor features 3 spacious bedrooms, a 3-piece bathroom, kitchen, and laundry; the second floor offers 3 additional bedrooms and a 4-piece bathroom; and the basement has a separate entrance with a fully self-contained 2-bedroom apartment. Previously generating $5,100 (main and second floor) plus $1,700 (basement) in rental income as-is, the home is currently vacant - an ideal opportunity to secure new tenants and maximize returns. Located in the highly desirable Danforth Village, just steps to Woodbine Subway Station and close to The Beach, shops, and restaurants. Freshly painted with new laminate flooring on the upper level, walkout to backyard, detached garage, and parking for up to 4 cars. The main floor can easily be converted back into a living and dining area for end users. A rare find with endless potential!

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,268 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$759,200

Total Interest Payments

$468,094

Total Payment (Principal + Interest)

$1,227,294

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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