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95 Gainsborough Road, Woodbine Corridor M4L 3C3

Price

$998,000

Bedrooms

Not listed

Bathrooms

Not listed

Size

Not listed

Year Built

Not listed

Property Type

House

Property Taxes

$5037

Description

Seller has provided the following update regarding the development status of the property. The municipal approval process was initiated over a year ago and has successfully progressed through the rigorous stages of city review, community guidelines compliance, and engineering checks. The application is now entering the final stage of approval. The submitted plans outline a highly optimized multi-generational or income-generating layout, featuring a spacious 2,900-square-foot of finished area of the main residence (4 bedrooms / 3.5 bathrooms) alongside a detached 1,200-square-foot Garden Suite (2-3 bedrooms). While the verbal approval of the main residence has been obtained, however the approval of the garden suite is in final stage of its approval that is expected to be granted sooner. This design maximizes the property's density.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,505 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$798,400

Total Interest Payments

$492,263

Total Payment (Principal + Interest)

$1,290,663

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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