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
$1,249,000
Bedrooms
3 Beds
Bathrooms
Not listed
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4615
ATTENTION BUILDERS & INVESTORS!!! Shovel-Ready 4+1 Multiplex Conversion At 282 Westlake Ave In Toronto's Sought-After Woodbine-Lumsden Pocket. All Building Permits Issued And Paid For A 3-Storey, 4-Unit Residential Multiplex (Front & Rear Additions + Third Storey) Plus A Separate 2-Storey Garden Suite (2-Bed + Den) At The Rear. Five Self-Contained 2 Bedroom or Larger Residential Units. Interior Demolition Is Complete And Exterior Excavation Has Begun. This Is Not A Concept Or A Proposal, It's A Fully Permitted Project Ready To Go!. Approved Plans Deliver A 2-Bedroom Basement Unit, Three Large 2-Bedroom Units On The Main, Second And Third Floors, And A Standalone 2 Bedroom + Den Garden Suite. Located Just A 15-Minute Walk To Woodbine Station , With Strong Rental Demand And Excellent Tenant Profile. Current Projections Estimate An NOI Of Approximately $140k/Year Upon Completion. ***AI Generated Rendering Photo Shows Potential Finished Product
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Contact MeTotal Monthly Payment
$5,372 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$999,200
Total Interest Payments
$616,068
Total Payment (Principal + Interest)
$1,615,268
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M4C 2T6
Listed By: ROYAL LEPAGE/J & D DIVISION
Toronto, ON M4C 2G4
Listed By: RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY
Toronto, ON M4C 4W7
Listed By: ROYAL LEPAGE SIGNATURE REALTY
Toronto, ON M4C 2B8
Listed By: RE/MAX PROFESSIONALS INC.
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.
