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
$2,200,000
Bedrooms
14 Beds
Bathrooms
8 Baths
Size
5000 + sqft
Year Built
51-99
Property Type
House
Property Taxes
$14200.04
Well kept multiplex with 8 apartments, three 3 bedrooms and five 1 bedroom apartments plus detached double garage. Spacious units with mostly hardwood and laminate floors. TTC at doorstep and minutes to subway, schools, shopping and churches. Landlord current pays Hydro and gas. Hydro meters in place for units but needed to be sanctioned by Hydro for hook up. Fire inspection is up to date. Renovated with doors compliant to fire code. Potential net income $87000/annum. Some units are currently below market with potential for future increase once the tenants move out.
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Contact MeTotal Monthly Payment
$9,587 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,760,000
Total Interest Payments
$1,085,148
Total Payment (Principal + Interest)
$2,845,148
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.
