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
$2,133,000
Bedrooms
Not listed
Bathrooms
2 Baths
Size
Not listed
Year Built
100+
Property Type
House
Property Taxes
$14467.5
Rare offering suitable for a variety of users. NOTE THAT THERE IS NO RESIDENTIAL BUILDING ONTHIS LOT. Reference listing for more details.The property is zoned for both residential and industrial uses and includes a 2,600 sq. ft.one-storey studio building located on the industrial portion of the lot, accessed from thelaneway. Occupied by an award-winning graphic design firm since 2011, the studio is architecturally designed space featuring four offices, a boardroom, kitchenette, open work area,library, storage, and two washrooms, including one with a shower. The building is wellmaintained and move-in ready. Select furnishings may be available.Adjacent to the studio is a large fenced outdoor deck with a barbecue area, providing anattractive setting for meetings, gatherings, and outdoor enjoyment. Parking includes 3-4 tandemspaces accessed from the laneway, and 5-6 additional parking available at the front of theproperty and along the driveway on the residential portion of the lot.The property benefits from proximity to existing transit services and is within walkingdistance of the future Ontario Line station. The surrounding neighbourhood continues to evolvewith ongoing residential and commercial development.Purchasers are encouraged to conduct their own due diligence regarding the property's zoningand permitted uses. The site's configuration and dual zoning may warrant exploration of variouspossibilities, which may include, subject to all required approvals, severance of theresidential and industrial portions of the lot, conversion of studio into residential,additional residential construction, expansion of the existing building, the addition of asecond storey, or laneway housing. Please do not walk lot without appointment with Listing Agent
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Contact MeTotal Monthly Payment
$9,369 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,706,400
Total Interest Payments
$1,052,100
Total Payment (Principal + Interest)
$2,758,500
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M4M 3C7
Listed By: KELLER WILLIAMS ADVANTAGE REALTY
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.
