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120 Brandon Avenue, Dovercourt-Wallace Emerson-Junction M6H 2E1

Price

$1,460,000

Bedrooms

5 Beds

Bathrooms

3 Baths

Size

1500-2000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$5971.31

Description

Detached Brick Income Property In Dovercourt-Wallace Emerson-Junction, Fully Tenanted Across Three Self-Contained Units. Gross Rent Of $7,600/Mo ($91,200/Yr). Renovated Sunrooms And Updated Kitchens On The Main And Second Floors. Walkout From The Main Floor To A Fully Fenced Backyard. Forced Air Gas, Central Air, Brick Exterior. The Standout Feature Is The Oversized Detached 2-Car Garage At The Rear With Full Laneway Access, Putting 120 Brandon Squarely In The Conversation For A Future Laneway Suite ADU And A Real Path To A 4th Income Stream (Subject To Feasibility And City Approval). Quiet Tree-Lined Street South Of Davenport And West Of Dufferin, Short Walk To Dufferin Subway (Line 2), Dufferin Mall, Geary Ave, And Wallace Emerson Park. Turnkey West-End Toronto Cash Flow From Day 1, With A Clear Long-Term Value-Add Play Through The Laneway.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,243 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,168,000

Total Interest Payments

$720,144

Total Payment (Principal + Interest)

$1,888,144

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

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Listed By: IKON REAL ESTATE INC.

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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