Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$2,690,000
Bedrooms
16 Beds
Bathrooms
11 Baths
Size
5000 + sqft
Year Built
Not listed
Property Type
House
Property Taxes
$17251
Attention Investors! Well kept 3 story Stucco and brick 11plex Apartment Building with Healthy Cash Flows. Unit Rentals, parking, and laundry total Income $184,973; taxes, water, waste, heating, insurance, hydro total $49,779; see attached financials for details. 7 2bdrm apartments, 1 1bdrm apartment, 1 Jr-1bdrm apartment, and 2 bachelor apartments. 9 Tenants pay their own hydro. Excellent growth potential! Property poised for Repositioning. One brand new unit and only one other unit renovated. 2 dble garages plus 7 private parking spaces. Gross floor area 9530 sq ft total. Terrazzo floors in common areas. Coin laundry income in building. Newly surfaced asphalt 2025, Duro-Last roof 2012, windows 2009, plaster 2009. Recent Phase II Environmental Report and Remediation Completed. Survey available. As to not disturb Tenants, Please submit conditional offer to inspect the property. Seller reserves the right to accept pre-emptive offers.
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$11,602 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,152,000
Total Interest Payments
$1,326,840
Total Payment (Principal + Interest)
$3,478,840
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
