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121 Preston Street, Birchcliffe-Cliffside M1N 3N4

Price

$559,000

Bedrooms

2 Beds

Bathrooms

1 Baths

Size

700-1100 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$3506.61

Explore A Virtual Tour

Description

***Attention Investors & Builders!!*** An Exceptional Opportunity Awaits At 121 Preston St! Situated On A Deep 150-Ft Lot, This Charming Well-Maintained Bungalow Offers Endless Potential For Those Looking To Build Their Dream Home, With Plans Ready For A Magnificent Modern Residence. In The Meantime, The Existing Bungalow Provides A Reliable Income Stream, Offering The Opportunity To Offset Carrying Costs While You Prepare For Future Construction. Located In A Well-Established Scarborough Neighbourhood Surrounded By Parks, Recreation Facilities, Schools & Convenient Transit. Enjoy Easy Access To Woodrow Park, Highview Park & Sandown Park, Along With Multiple Playgrounds, Sports Fields, A Ball Diamond, Splash Pads & Trails Within A 20-Minute Walk. Public Transit Is Also Conveniently Close, With A Street-Level Transit Stop Just A 3-Minute Walk Away & Scarborough GO Approximately 17 Minutes Away. A Fantastic Opportunity To Invest, Build & Create Something Truly Special!

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$2,801 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$447,200

Total Interest Payments

$275,727

Total Payment (Principal + Interest)

$722,927

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

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.

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