Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
1415 Gerrard Street, Greenwood-Coxwell M4L 1Z5
Price
$4,295,000
Bedrooms
11 Beds
Bathrooms
8 Baths
Size
5000 + sqft
Year Built
51-99
Property Type
House
Property Taxes
$1330000
Explore A Virtual Tour
Description
Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers.
Property Dimensions
All Rooms
Dimensions
0' × 0'
Features
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$126,763 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,436,000
Total Interest Payments
$2,118,504
Total Payment (Principal + Interest)
$5,554,504
Get An Estimate On Selling Your House
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
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.
