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
$2,350,000
Bedrooms
14 Beds
Bathrooms
8 Baths
Size
3500-5000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$15948
Prime Toronto Location. Going in Cap Rate of 5.1% with tremendous upside on rents. Built in 1987 this building has strong curbside appeal. 2x1Bed, 6x2Bed. Large apartments with great layouts. Located in one of Toronto's most established east end rental corridors. 8 Parking Spots. Stable in place income, no vacancy, and long-term upside through future rental growth. Positioned steps from Queen Street East, transit, parks, neighbourhood retail, and the amenities that continue to drive demand in Toronto's east end. Scheduled tours to see all units will take place Sunday June 21st from 1-3pm. Please confirm attendance.
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Contact MeTotal Monthly Payment
$10,272 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,880,000
Total Interest Payments
$1,159,135
Total Payment (Principal + Interest)
$3,039,135
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.
