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6 Monaco Court, Black Creek M3N 1R8

Price

$1,199,000

Bedrooms

4 Beds

Bathrooms

3 Baths

Size

1500-2000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$3928

Explore A Virtual Tour

Description

A Rare Offering in Prime North York. Discover an exceptional opportunity to own one of the largest parcels in the neighbourhood, set on an expansive 39 x 160 ft lot (nearly 1/4 acre) on a pie shaped lot. This remarkable property combines immediate income potential with outstanding future redevelopment possibilities. Offering over 2,100 sq ft of living space, this spacious residence features 4 bedrooms plus a finished 3-bedroom basement with separate entrance. Most rooms on the upper level and in the basement are currently rented to individual tenants, generating approximately $5,000 per month in rental income. Thoughtfully designed for flexibility, it includes multiple self-contained living areas with separate entrances-ideal for multi-generational living or investors seeking strong returns. The home showcases a bright open-concept layout, hardwood flooring, and a sunroom extension that enhances everyday living. A kitchen extension adds further functionality with potential for additional amenities. Outdoors, enjoy a private oversized backyard and extensive parking, including 8-cardriveway capacity and an oversized garage. The garage also offers future conversion potential into additional living space (subject to approvals).Perfectly positioned near the newly inaugurated LRT and just minutes from Vaughan downtown, three nearby subway stations, this home provides seamless access to transit, York University, major highways, shopping, and top amenities-all while being tucked away on a quiet, desirable court. With its rare lot size, prime location, and versatile layout, this is a standout opportunity for investors, builders, and end users alike. Please note that the photos used in this listing are not original. All photos, any furniture, and appliances shown were taken from a previous listing and may not reflect the property's current condition or contents.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,135 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$959,200

Total Interest Payments

$591,406

Total Payment (Principal + Interest)

$1,550,606

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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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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