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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,069,000
Bedrooms
3 Beds
Bathrooms
4 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4128.74
Amazing Renovated Detached Bungalow - Exceptional Income Potential! Rare Opportunity in a Prime Location! Welcome to this stunningly renovated detached bungalow, perfectly designed for large families, multi-generational living, or the savvy investor looking for significant cash flow. Situated close to all essential amenities, this home combines modern upgrades with incredible functional versatility. Space & Layout: This spacious home boasts a total of six generous bedrooms and four full bathrooms. * Main Floor: Features 3 bright bedrooms and a modern layout. * Basement: Fully finished with an additional 3 bedrooms, offering immense rental potential. Designed for Dual Living: The property is expertly set up for two independent living spaces, featuring: * Two Separate Kitchens with modern finishes. * Two Dedicated Laundry Areas for ultimate convenience and privacy. * Income Potential: The basement units could potentially generate over $3,000 per month in rental income! Premium Upgrades & Features: No expense was spared with more than $100,000 in recent renovations: * Modern Aesthetics: Sleek LED ceiling lights throughout and a stylish patio door. * Mechanical Peace of Mind: Upgraded 200 AMP electrical service, new roofing (2019), and a hot water tank replaced in 2022. * Turnkey Ready: Comes fully equipped with three fridges, two stoves, a dishwasher, and two sets of washers and dryers. Outdoor Living: Step outside to a fully fenced yard, perfect for children, pets, or summer entertaining. Whether you are looking to offset your mortgage with a high-end rental or need a spacious home that fits the whole family, this property is a must-see!
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Contact MeTotal Monthly Payment
$4,685 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$855,200
Total Interest Payments
$527,283
Total Payment (Principal + Interest)
$1,382,483
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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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.