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20 Bridesburg Drive, Kingsview Village-The Westway M9R 2K3

Price

$1,889,000

Bedrooms

8 Beds

Bathrooms

5 Baths

Size

3000-3500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$5776

Explore A Virtual Tour

Description

Situated on a premium 50 x 125 ft lot with 7 parking spaces, this well-maintained income property offers exceptional upside potential, including the possibility of a future garden suite (buyer to verify). Ideally located near major highways and Toronto Pearson Airport, the property benefits from strong and consistent rental demand. Two units are currently operating as short-term rentals, providing flexible income opportunities (subject to municipal compliance). Extensive renovations have already been completed, including new laminate flooring, updated kitchens and bathrooms, new doors, new asphalt, two furnaces, two A/C units, two tankless water heaters, and a roof replaced in 2013 and windows are vinyl. Tenant-paid utilities help minimize operating expenses and maximize cash flow. The building features two separate laundry areas, including on-site coin-operated laundry for additional income potential. Ample parking ensures convenience for both tenants and visitors. Impeccably maintained and truly move-in ready, this property requires no further work. Whether you're an investor seeking a turnkey income property or an end-user looking to live in one unit while generating rental income from the others, this is a rare opportunity combining location, upgrades, strong cash flow, and long-term development potential. Tenants are willing to stay, with vacant possession also available upon closing.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$7,768 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,511,200

Total Interest Payments

$931,747

Total Payment (Principal + Interest)

$2,442,947

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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