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
$999,900
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4396.69
Full brick, turnkey three-unit (triplex) investment property in high-demand Kennedy Park, offering immediate cash flow with real flexibility for the next owner. The property currently generates approximately $4,650 per month in gross rent, across three units, each with its own kitchen: a 2-bedroom upper floor, a 2-bedroom main floor, and a 1-bedroom basement suite, each with a 3-piece bathroom. Investors/Buyers can assume the existing tenants (all month to month leases) for instant income or request vacant possession with a 60+ day closing to move in or re-lease at full market rent. Roof (2025), HWT (2025), Furnace (2016), AC (2016) Coin operated laundry generates approximately $150/month. Steps from Greystone Plaza at Danforth and Midland and Kennedy Park Plaza, minutes to Kennedy Station on the subway and Scarborough lines, Eglinton GO, with schools, parks, and community centres all close by. A strategic, income-producing property in one of Scarborough's most connected and in-demand pockets, making it suitable for any investment portfolio. Financials attached to listing.
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Contact MeTotal Monthly Payment
$4,459 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,920
Total Interest Payments
$493,200
Total Payment (Principal + Interest)
$1,293,120
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M1K 4C6
Listed By: HOMELIFE/MIRACLE REALTY LTD
Toronto, ON M1K 4E7
Listed By: RE/MAX REALTRON REALTY INC.
Toronto, ON M1K 3M8
Listed By: HOMELIFE LANDMARK REALTY INC.
Toronto, ON M1K 3G5
Listed By: FOREST HILL REAL ESTATE INC.
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.
