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
$1,250,000
Bedrooms
11 Beds
Bathrooms
6 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5994.99
A rare, licensed downtown Toronto income property offering 14 rental accommodations in a prime, high-demand rental location. This fully operational, turnkey asset requires minimal hands-on management and features 6 bathrooms, 2 shared kitchens, and 2 rear parking spaces. Situated as an end-unit row townhouse, the property benefits from only one attached neighbor, enhanced privacy, additional natural light, and the feel of a more traditional urban home. Strong, stable tenancy from university students and young professionals delivers immediate cash flow with minimal turnover, and an attractive cap rate. Ideally situated close to major transit routes, universities, shopping, parks, and everyday amenities, this is a very rare opportunity to acquire a high-cap rate, low-maintenance investment property in Toronto. Price is firm, no vendor take back. No vendor take-back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App.
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Contact MeTotal Monthly Payment
$5,491 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,000,000
Total Interest Payments
$616,561
Total Payment (Principal + Interest)
$1,616,561
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.
