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1640 Dufferin Street, Corso Italia-Davenport M6H 3L8

Price

$1,900,000

Bedrooms

6 Beds

Bathrooms

5 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$6000

Description

Wonderful investment opportunity in a great neighbourhood completely renovated top to bottom. Excellent rental income, approximately 6.1% Cap Rate great tenants 5 units in total and rough in already done for a garden suite at the back for a total of 6 units with potential to increase the income with $36,000 per year and the equity with approximately 800,000$. 3 Two Bedrooms 1 One Bed and 1 Bachelor. Brand new kitchens, new bathrooms, new floors, new pot lights trough out, new windows, and roof, new concrete driveway and porch in front of the property new fence, 4 new balconies, new stairwell and railings, sensor lighting new doors Each unit has it's own new furnace and hot water tank stackable washers and dryers new stainless steel appliances each two bedroom has two bathrooms. Potential to instal separate hydro meters Very close to Shopping, Transportation, Schools.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,826 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,520,000

Total Interest Payments

$937,173

Total Payment (Principal + Interest)

$2,457,173

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

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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