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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$2,240,000
Bedrooms
6 Beds
Bathrooms
5 Baths
Size
3000-3500 sqft
Year Built
0-5
Property Type
House
Property Taxes
$12000
Rare opportunity to own an exceptional 2-year-old Madison Group-built home featuring two fully independent above-grade residences on one property. The beautifully designed Coach House offers complete separation from the main home, making it ideal for multi-generational families, extended family living, or generating excellent rental income-truly two homes for the price of one.Over $ 150000 has been invested in premium upgrades . The main home offers 4 generously sized bedrooms and a home office with4 bathrooms, soaring 10+ ft ceilings on the main and second floors, elegant hardwood flooring, crown moulding, pot lights, expansive windows, and 200-amp electrical service. Every bedroom enjoys convenient access to a bathroom. A functional mudroom with custom built-in cabinetry and garage access adds everyday convenience.The gourmet kitchen is appointed with stainless steel appliances, quartz countertops, upgraded cabinetry, and quality finishes designed for both style and functionality.The fully self-contained Coach House features 2 spacious bedrooms, a bright open-concept living area, a modern kitchen, a full-sized bathroom, in-suite laundry, and , providing complete privacy and flexibility.The property offers a private side-by-side entrance design, a 2-car garage, private driveway parking, and space for up to 4 vehicles.Located in a highly desirable Scarborough community, within walking distance to SMA - Abu Bakr Siddique Mosque, and just minutes from Scarborough Town Centre, Scarborough General Hospital, Thomson Memorial Park, Birkdale Ravine Park, highly rated schools, supermarkets, restaurants, public transit, and Highway 401.A rare combination of luxury, versatility, and outstanding investment potential. Currently, both residences are tenanted with a combined rental income of approximately $9,000 per month (as per Seller). Floor plans are attached. Please refer to the floor plans for detailed room measurement
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Contact MeTotal Monthly Payment
$9,547 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,792,000
Total Interest Payments
$1,104,878
Total Payment (Principal + Interest)
$2,896,878
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M1T 1C1
Listed By: RE/MAX METROPOLIS REALTY

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.