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
$949,000
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4305.84
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!
Dimensions
3.04' × 2.52'
Features
Vinyl Floor
Dimensions
3.04' × 2.4'
Features
vinyl floor, window
Dimensions
3.2' × 1.7'
Features
ceramic floor, window, eat-in kitchen
Dimensions
3.5' × 3.4'
Features
california shutters, closet, window
Dimensions
4.5' × 2.7'
Features
laminate, large closet, window
Dimensions
3.3' × 2.6'
Features
laminate, closet, window
Dimensions
4.8' × 2.8'
Features
laminate, large window, w/o to deck
Dimensions
4.9' × 3.4'
Features
laminate, separate room, large window
Dimensions
4.9' × 2.2'
Features
ceramic floor, window
Dimensions
5.5' × 3.6'
Features
laminate, separate room
Dimensions
4.9' × 3.4'
Features
laminate, separate room, large window
Dimensions
5.5' × 3.6'
Features
laminate, separate room
Dimensions
4.9' × 2.2'
Features
ceramic floor, window
Dimensions
3.2' × 1.7'
Features
ceramic floor, window, eat-in kitchen
Dimensions
4.5' × 2.7'
Features
laminate, large closet, window
Dimensions
3.04' × 2.52'
Features
Vinyl Floor
Dimensions
3.5' × 3.4'
Features
california shutters, closet, window
Dimensions
4.8' × 2.8'
Features
laminate, large window, w/o to deck
Dimensions
3.3' × 2.6'
Features
laminate, closet, window
Dimensions
3.04' × 2.4'
Features
vinyl floor, window
Have questions about this property?
Contact MeTotal 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
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.
