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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,170,000
Bedrooms
5 Beds
Bathrooms
2 Baths
Size
1100-1500 sqft
Year Built
31-50
Property Type
House
Property Taxes
$4082
Turnkey, high-yield investment property with strong cash flow and future upside! Featuring 6 bedrooms with 6 stable tenants, this fully rented home generates close to $6,000/month. Thoughtfully upgraded with full interior painting, a complete electrical update (2024), and exterior readiness for an EV charging station. Ideal for investors seeking a low-maintenance, income-producing asset with reliable tenancy. Located in an area where garden suites are actively being approved and built, offering excellent potential to add a self-contained backyard unit (subject to City approvals) and further increase income. A rare opportunity to secure a stabilized property with immediate returns and long-term growth potential.
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Contact MeTotal Monthly Payment
$5,044 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$936,000
Total Interest Payments
$577,101
Total Payment (Principal + Interest)
$1,513,101
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M3K 1B7
Listed By: SALERNO REALTY INC.

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.