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2 Hyde Avenue, Keelesdale-Eglinton West M6M 1J3

Price

$2,150,000

Bedrooms

7 Beds

Bathrooms

4 Baths

Size

2500-3000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$8898.23

Description

Profitable and Unheard of 4.25% Cap Rate in Toronto for this 4-Suite Multiplex - Investor Purchase Or Live in One Suite and Let the Other Three Pay Your Mortgage! Turn-key investment in Toronto's rapidly transforming Keelesdale neighbourhood. This fully occupied residential fourplex is ideal for house-hackers or investors seeking immediate cash flow. Property Highlights: Four upgraded units: Three 2-bedroom, 1-bath + one oversized 1-bedroom, 1-bathModern finishes throughout: stainless steel appliances, laminate flooring, upgraded quartz counters & backsplashes. Strong rental income potential: The Four suites generate $8,500+ monthly gross in today's rental market. Separate entrances and low-maintenance ownership. Prime Location:Steps to TTC transit, shops, restaurants. Perfect for quality tenants and future appreciation in this up-and-coming west-end pocket. Whether you want to live in one unit rent-free or add a solid cash-flowing asset to your portfolio, this multiplex delivers and is ready for immediate ownership.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$8,966 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,720,000

Total Interest Payments

$1,060,485

Total Payment (Principal + Interest)

$2,780,485

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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