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81 Meadowcliffe Drive, Cliffcrest M1M 2X8

Price

$499,000

Bedrooms

Not listed

Bathrooms

Not listed

Size

Not listed

Year Built

Not listed

Property Type

House

Property Taxes

$8079.79

Description

Trophy estate by the bluffs with an existing guest house, stunning views of Lake Ontario, and a lower lot with potential for severing and developing a multi-unit residence. Generational opportunity to own over an acre of land perched at the edge of the escarpment. Whether it's bringing your dream property to life with the utmost level of privacy, or having the potential in severing the lot to accommodate for multiple units, and creating a truly one of a kind multifamily investment buildout, finding a property of this size with elevated views of lake Ontario is a golden chance that rarely becomes available. Existing guest house can be customized to your liking with the already established footprint. Hydro & gas service are in place, previously obtained plans are available upon request. Property is being sold in "as is, where is" condition.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$2,966 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$399,200

Total Interest Payments

$246,132

Total Payment (Principal + Interest)

$645,332

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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