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
$1,749,000
Bedrooms
5 Beds
Bathrooms
5 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$7220.4
Terrific Opportunity to Acquire a Well Maintained Semi-Detached Purpose Built Solid Brick Duplex with two accessory units in a great Queen St. East location in the very heart of The Beach. With this CR Zoning (Commercial/Residential Uses), this property is perfect for a variety of uses, including (but not limited to) Professional Office(s) - Perfect for Live-in and Rent-Out; Work from home uses or keep as an sturdy Investment property. A unique flexible floor plan allows for multiple units, with 4-car parking at the rear of the building via wide public laneway (2 in Garages and 2 in front of garages). The Main Floor 2-bdrm unit offers a large rear private deck. The 2nd floor is split into 2-units but can easily be converted back to a single unit encompassing the bright 3-floor addition (with all permits) to make an expanded owner occupied unit or larger rental unit. The basement has good height and currently contains 2 units (1 vacant) including a small bachelor apt. Mechanically sound, the long-time owners have upgraded many features, yet retained the lovely character including the wonderful oak trim & hardwood floors. This is one of the last remaining purpose-built duplexes on Queen St East, and is an exciting option for a saavy Investor. Don't miss this Opportunity!
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Contact MeTotal Monthly Payment
$7,385 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,399,200
Total Interest Payments
$862,692
Total Payment (Principal + Interest)
$2,261,892
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.
