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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
$1,399,000
Bedrooms
2 Beds
Bathrooms
2 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6651
Rarely offered, fully renovated detached home in the heart of East York's vibrant Danforth pocket! This move-in ready property offers an incredible live-in-and-rent setup or an exceptional redevelopment opportunity to build two detached or semi-detached homes.Featuring 2+1 bedrooms and 1+1 bathrooms, this versatile home adapts effortlessly to your lifestyle and financial goals-hard to find properties that offer this level of multi-faceted optionality. Step outside and enjoy being within walking distance to the Danforth subway station, trendy local restaurants, diverse shops, and bustling neighborhood amenities, with a quick and seamless commute straight to downtown Toronto.Whether you are looking for a turnkey residence with income potential or a high-upside development site, this is a phenomenal investment in a prime location.
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Contact MeTotal Monthly Payment
$6,080 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,119,200
Total Interest Payments
$690,055
Total Payment (Principal + Interest)
$1,809,255
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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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.