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
$699,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1200-1399 sqft
Year Built
Not listed
Property Type
Condo
Property Taxes
$3175
Whether you're a first-time buyer, growing family, downsizer, or investor looking for rental income and great value, this one is for you. This townhouse features a finished basement, attached garage, and a backyard. Currently operating as an income-generating rental property, ideal for buyers seeking immediate rental income. Situated in a prime Scarborough location, everything is within walking distance: mins away from parks, schools, grocery stores, cafes, and bus stops easily connecting to subway line. Maintenance fees include snow removal, grass landscaping, and all exterior repairs. *****Property is rented to multiple tenants sharing common areas and is generating $3,900/month in rental income not including one main unit on main level. Potential Upside: additional income of $1,500+ from main level vacant unit.
Unit Number
171
Maintenance Fee
$464/month
Inclusions
Parking
Building Insurance
Yes
Exposure
East
Locker
Not listed
Parking Type
Private
Pet Policy
Yes-with Restrictions
Property Manager
Sterling Condominium
Stories
1 floors
Condo Corp Number
115
Water
Not included
Hydro
Not included
Cable
Not included
Heat
Not included
Parking
Included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$559,200
Total Interest Payments
$344,781
Total Payment (Principal + Interest)
$903,981
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 1H8
Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Toronto, ON M1W 2Y4
Listed By: HOMELIFE FRONTIER REALTY INC.
Toronto, ON M1W 2V3
Listed By: HOMELIFE GOLD PACIFIC REALTY INC.
Toronto, ON M1W 2L5
Listed By: HC YouHome Realty 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.
