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256 Ferris Road, O'Connor-Parkview M4B 1H6

Price

$999,000

Bedrooms

3 Beds

Bathrooms

2 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4403.86

Description

Welcome to 256 Ferry's Road, an incredible detached bungalow nestled in one of East York's most sought-after, vibrant, and family-friendly communities. Whether you are a growing family looking for a home with a built-in mortgage helper, or a savvy investor seeking a high-yielding asset in a premium Toronto location, this property delivers on every single front. The main floor features a bright and spacious layout boasting three generous bedrooms with large windows that flood the space with natural light, a functional living and dining area, and a full family washroom. The completely self-contained lower level is a massive game-changer for anyone looking to maximize their investment. Featuring a dedicated separate entrance for complete privacy, the basement apartment offers two additional well-proportioned bedrooms, a full kitchen, and a private washroom. This setup offers massive potential income to significantly offset your mortgage or rent out both units for premium cash flow in Toronto's hot rental market. Situated in a commuter's dream location, you are just minutes away from the TTC, subway stations, the DVP, and downtown Toronto. Enjoy the perfect blend of quiet residential charm and effortless urban convenience, surrounded by top-tier schools, beautiful local parks, and the vibrant shops, cafes, and restaurants along the Danforth. Properties with this exact configuration and premium location rarely stay on the market long. Don't miss this incredible opportunity!

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,456 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,200

Total Interest Payments

$492,756

Total Payment (Principal + Interest)

$1,291,956

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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