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
$1,445,000
Bedrooms
4 Beds
Bathrooms
8 Baths
Size
2500-3000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$8966
Prime Danforth Investment Opportunity. Location, income, and upside-this one delivers. Just steps to the Danforth, this legal triplex, currently configured as an 8-unit building, offers exceptional convenience and serious cash flow. Thoughtfully planned with safety and efficiency in mind, this solid, well-maintained brick property has been cared for by long-time owners and is ready for its next chapter. Featuring a double-car garage (currently both rented annually) off the laneway and sitting on a desirable corner lot with a generous side and backyard, it checks all the boxes for both stability and future growth. The building includes three one-bedroom units, and five bachelor units, all tenanted by long-term, reliable occupants-making this a true turnkey investment. Roof just redone with warranty. Opportunities like this don't come often. Sky's the limit. Laneway Report Attached as well as Survey. This is the whole building 110 and 112
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Contact MeTotal Monthly Payment
$6,439 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,156,000
Total Interest Payments
$712,745
Total Payment (Principal + Interest)
$1,868,745
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
