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
$1,199,000
Bedrooms
2 Beds
Bathrooms
2 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$3762.9
***Residential Potential Development Opportunity in Prime Scarborough Location! *** Situated in a quiet Cul-De-Sac in a mature neighbourhood. Easy access to 401, Transit, Hospital, Bank. 4-5 minutes walk to U of T Scarborough Campus. ***Seller has proposed to the following Development: Separate into 2 lots and build 4 Flex on each lot with NO DEVELOPMENT CHARGE***Surrounded by established homes and ongoing intensification, the property benefits from strong demand driven by its proximity to major transit routes, shopping, schools, and key amenities. Whether you are looking to build a luxury custom residence, explore multi-unit development possibilities or hold for future appreciation, this property checks all the boxes. The existing structure provides interim rental income potential while planning approvals are pursued. Do not miss this rare opportunity to secure a prime piece of real estate in one of Scarborough's most promising pockets. Current Rental Income: $3,825 per month.
Dimensions
3.35' × 3.13'
Features
Closet
Dimensions
3.53' × 3.51'
Features
Eat-in Kitchen
Dimensions
3.35' × 2.32'
Features
Dimensions
7.08' × 3.52'
Features
Window
Dimensions
5.81' × 3.89'
Features
Dimensions
3.05' × 1.69'
Features
Dimensions
4.23' × 2.53'
Features
Dimensions
4.33' × 2.38'
Features
Dimensions
5.81' × 3.89'
Features
Dimensions
3.05' × 1.69'
Features
Dimensions
7.08' × 3.52'
Features
Window
Dimensions
3.53' × 3.51'
Features
Eat-in Kitchen
Dimensions
4.33' × 2.38'
Features
Dimensions
3.35' × 3.13'
Features
Closet
Dimensions
3.35' × 2.32'
Features
Dimensions
4.23' × 2.53'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$5,121 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$959,200
Total Interest Payments
$591,406
Total Payment (Principal + Interest)
$1,550,606
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M1C 1G7
Listed By: CENTURY 21 PERCY FULTON LTD.
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.
