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2904 St Clair Avenue, O'Connor-Parkview M4B 1N7

Price

$2,100,000

Bedrooms

14 Beds

Bathrooms

8 Baths

Size

5000 + sqft

Year Built

51-99

Property Type

House

Property Taxes

$14200.04

Description

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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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$9,228 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,680,000

Total Interest Payments

$1,035,823

Total Payment (Principal + Interest)

$2,715,823

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

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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