Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
62 Newmarket Avenue, Woodbine-Lumsden M4C 1V9
Price
$999,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4895.44
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Description
Welcome to 62 Newmarket Avenue, a beautifully updated detached duplex in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. Perfectly suited for multi-generational families, or owner-occupiers seeking mortgage helper potential. This versatile home combines modern updates, separate living spaces, and excellent income stability. Pride of ownership is evident throughout this extensively upgraded property. Improvements were made to electrical, plumbing, insulation, mechanical systems, and living spaces. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite that has a separate entrance. Upgrades include quartz kitchen countertops, laundry room, updated ductwork, and an insulated entrance door. The lower level is currently tenanted and provides immediate rental income. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity is a rare combination of an updated family home and an income suite in one of Toronto's most livable neighbourhoods. A turnkey property like this will not last long!
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$4,497 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,200
Total Interest Payments
$492,756
Total Payment (Principal + Interest)
$1,291,956
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
