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204 Derrydown Road, York University Heights M3J 1S1

Price

$1,499,999

Bedrooms

5 Beds

Bathrooms

4 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4292

Description

ATTENTION INVESTORS!! Welcome to This One Of A Kind Investment Property that cannot missed out!!! Big cash flow from day one, and huge value-add potential - a true find in the high-demand and stable Toronto area markets. Property Highlights: 5+4 bedrooms. Fully renovated basement (2024) with 2 full bathrooms, laundry, furnace room & washer/dryer (2025, new coin-operated machine in basement. The additional washer and dryer for the main floor are disconnected and kept in the garage, which will be left for the new owners.* 4 full bathrooms with handheld bidets, all renovated in 2024* High-end luxury vinyl flooring & stairs throughout (carpet-free)* 4 fridges, 1 Whirlpool top cook, 2 Whirlpool low-profile microwave. All purchased 2024* Smart garage door opener w/ camera (2025)* Outside pot lights at side entrances (2025)* All rooms come furnished with beds, desks, chairs, shelves, and closet space.* Smoke alarms in every bedroom, fully interlinked (by-law compliant)* 2 emergency exit signs in the basement with battery backup* Metal roof (2023) with gutter & leaf guard* New Interlocking backyard (July 2025, 2-year warranty) with artificial turf: ready space for gazebo/shed or 3 legal garden suites (new Toronto zoning = extra lots of $$$ rental income!)* New asphalt driveway with interlocking in the front driveway is completed in July 2025, backed by a 2-year warranty.* You can also remove the wall from room#4 & #5 for additional living and great room on the main floor.* Basement kitchen has a quartz countertop* Recently installed a wooden fence in the backyard (2025)* Water softener installed. *2 min walk to NEW Finch West Zero-Emission Light Rail Transit to open this Summer with 16 stations connecting Humber College and the Finch West TTC Subway station. - Minutes to York University & Seneca College.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,247 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,200,000

Total Interest Payments

$739,873

Total Payment (Principal + Interest)

$1,939,872

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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