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
$1,499,000
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.
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Contact MeTotal Monthly Payment
$6,633 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,199,200
Total Interest Payments
$739,380
Total Payment (Principal + Interest)
$1,938,580
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.
