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323 Mortimer Avenue, Danforth Village-East York M4J 2C9

Price

$2,779,000

Bedrooms

6 Beds

Bathrooms

8 Baths

Size

3000-3500 sqft

Year Built

0-5

Property Type

House

Property Taxes

$11432

Description

Welcome to an outstanding LEGAL 4 UNIT multiplex built to the highest standards in one of East York's most desirable pockets. This all-brick residence spans approximately 5000 square feet and delivers an ideal blend of quality craftsmanship, versatile living, and strong rental income potential.The property features two (2) spacious three-bedroom, four-bathroom upper units designed for comfortable family living, complemented by two (2) bright garden-level bachelor suites perfect for generating supplementary income. Each unit boasts custom cabinetry and en-suite laundry - thoughtful touches that elevate daily living and attract quality tenants. Two dedicated parking spots round out the offering.Whether you're a multi-generational family seeking connected yet independent living spaces, a seasoned investor building a portfolio, or a savvy buyer looking to offset mortgage costs through rental revenue, this property checks every box. Nestled near the vibrant Danforth corridor, residents will enjoy easy access to eclectic dining, cafes, patios, boutique shopping, and lively cultural events. Ample parks and trails offer green space for weekend relaxation, while Donlands and Pape Stations ensure seamless commuting across the city. Families will appreciate the proximity to great schools, and everyday essentials are just minutes away at local grocers and shops.Meticulously constructed and strategically located, 323 Mortimer Avenue represents a rare opportunity to own a turnkey multiplex in a community that never goes out of style.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$11,436 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,223,200

Total Interest Payments

$1,370,739

Total Payment (Principal + Interest)

$3,593,939

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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