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48 Glen Manor Drive, The Beaches M4E 2X2

Price

$1,675,000

Bedrooms

6 Beds

Bathrooms

1 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$8478.79

Description

**MUST SEE! EXCEPTIONAL INVESTMENT OPPORTUNITY IN TORONTO'S DESIRABLE BEACHES NEIGHBOURHOOD!**An outstanding opportunity to own an immaculately maintained, solid-brick, semi-detached multiplex featuring **3 separate residential units**, situated in a fantastic location just one block from Lake Ontario!Perfect for owner-occupancy with two additional rental income units, multigenerational family living, or a long-term investment. This unique property offers a flexible floor plan with a spacious **2-bedroom third-floor unit featuring an open deck terrace**, a **2-bedroom middle unit**, and a **large basement unit**.Additional highlights include **1 garage and parking for 2 cars at the rear**, accessible via a shared laneway, beautifully landscaped, low-maintenance grounds, and wonderful original oak hardwood floors that preserve the property's timeless character and charm.Meticulously maintained and managed by long-time owners, this remarkable property boasts numerous thoughtful upgrades and improvements while retaining its original character.Ideally suited for extended families seeking comfortable living arrangements with privacy and independence, or investors looking for a well-maintained income-generating property. The property has a history of attracting quality tenants and generating consistent rental income.Whether you're seeking a prime investment opportunity, a family home with supplemental rental income, or a flexible property that can accommodate your children or extended family now or in the future, **this exceptional property offers tremendous versatility, character, and location!**Enjoy the unbeatable Beaches lifestyle, with Lake Ontario, waterfront parks, beaches, shopping, restaurants, and neighbourhood amenities nearby. **A RARE OPPORTUNITY TO OWN A WELL-MAINTAINED, INCOME-GENERATING PROPERTY IN ONE OF TORONTO'S MOST SOUGHT-AFTER NEIGHBOURHOODS!**Thank you for taking the time to review the property information and photographs.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,224 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,340,000

Total Interest Payments

$826,192

Total Payment (Principal + Interest)

$2,166,192

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

Related Properties

Property at 50 Glen Manor
5 days on market

50 Glen Manor

$1,725,000

Toronto, ON M4E 2X2

6 Beds|1 Baths|2000-2500 Sq.Ft.

Listed By: REMAX YOUR COMMUNITY REALTY

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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