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
$1,950,000
Bedrooms
5 Beds
Bathrooms
4 Baths
Size
2000-2500 sqft
Year Built
100+
Property Type
House
Property Taxes
$7000
Turn-key mixed-use investment opportunity located in prime downtown Toronto. This property is a low-maintenance, cash-flowing asset ideal for investors seeking a stable residential property in a highly desirable urban location. The building features over 3,000 sq. ft. of leased space and includes three fully renovated residential units:- Main Floor: A 2-bedroom apartment with a full basement.- Second Floor: A 2-bedroom apartment.- Garden Suite: A 1-bedroom unit. Situated on Dundas St., the property also includes two on-site parking spaces. This is a fully upgraded, income-producing building that is ready for acquisition.
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Contact MeTotal Monthly Payment
$8,089 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,560,000
Total Interest Payments
$961,835
Total Payment (Principal + Interest)
$2,521,835
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M4L 3A2
Listed By: RE/MAX WEST REALTY 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.
