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20 Kelvin Avenue, East End-Danforth M4C 5C8

Price

$599,000

Bedrooms

3 Beds

Bathrooms

2 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$3891

Description

Fantastic opportunity for first-time buyers, investors, and builders alike! This versatile detached home is currently configured as two self-contained units, offering excellent income potential with the flexibility to easily convert back to a single-family residence. The main floor features a bedroom, living room, kitchen, and basement recreation area, while the upper level includes two bedrooms, a living room, and kitchen. Situated on a property with laneway housing potential , this home offers exciting possibilities for future expansion and added value. Ideally located close to schools, shopping, restaurants, and everyday amenities, with subway and GO Transit just a short walk away. Recent updates include a new roof (2023), dryer (2024), and washer (2025). The owned hot water tank adds further value. A rare opportunity to live, invest, redevelop, or generate rental income in a convenient, transit-friendly neighbourhood.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$2,977 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$479,200

Total Interest Payments

$295,456

Total Payment (Principal + Interest)

$774,656

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

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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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