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.
121 Fourth Street, New Toronto M8V 2Y6
Price
$4,950,000
Bedrooms
8 Beds
Bathrooms
10 Baths
Size
5000 + sqft
Year Built
Not listed
Property Type
House
Property Taxes
$17053.55
Description
Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$19,704 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,960,000
Total Interest Payments
$2,441,582
Total Payment (Principal + Interest)
$6,401,582
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.
