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127 Kitchener Road, West Hill M1E 2Y2

Price

$1,350,000

Bedrooms

3 Beds

Bathrooms

3 Baths

Size

2000-2500 sqft

Year Built

51-99

Property Type

House

Property Taxes

$5045

Explore A Virtual Tour

Description

OPPORTUNITY! FAMILY HOME OR POTENTIAL INCOME PROPERTY! This multi-generational home features three fully separated and self-sufficient living spaces. This classic house can be renovated into a single-family home with a roomy floor plan, large rooms, and a private lot ideal for kids and hosting guests. INVESTOR / OWNER-USER: The top floor features a 1-bedroom apartment with a private entrance. The main level has a spacious 2-bedroom unit, convertible to 3 bedrooms. The basement offers a separate entrance and 3 large bedrooms. INVESTOR / SMALL BUILDER: This wide, deep lot offers development potential (buyers should verify with the City). Or you may be able to add a garden suite without severance, pending City approval. EXTRA BONUS: The 10' x16' backyard unit is fully insulated (Spray foamed) with electricity, making it ideal as a heated workshop, craft studio, recreational area, or additional sleeping quarters for guests. Additionally, a heated pool, and a heated two-car garage. All units will be vacant at closing, allowing flexible use by the buyer. Walking distance to shopping, schools, rec centres, churches, and transit. Close to the University of Toronto and Centennial College. This rare large, lot offers excellent options for a family home, multi-unit investment, or future development. Act quickly.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,771 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,080,000

Total Interest Payments

$665,886

Total Payment (Principal + Interest)

$1,745,886

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

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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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