




Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$2,495,000
Bedrooms
3 Beds
Bathrooms
5 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$7500
Turnkey Furnished Investment | Approved Duplex Conversion | Strong Income Potential.An exceptional opportunity for investors seeking a high-performing residential asset with multipleincome strategies. This fully furnished property is positioned for immediate usability and has alreadyreceived approval from the City of Toronto for conversion into a legal duplex-significantly reducingregulatory risk and timelines.Minor completion items remain, and the seller is willing to finalize these upon request, offering a nearturn-key pathway to a compliant multi-unit configuration.The property is strategically designed to support flexible income models, including short-term rental(subject to municipal regulations), long-term tenancy, or a hybrid approach.Projected income potential-based on comparable market performance and configuration mayexceed $100,000 annually, depending on rental strategy, occupancy, and management.Layout Optimized for Income: Second Floor:Three private bedroom suites, each with its own full washroom and second floor laundry, idealfor maximizing rental segmentation and privacy. Main Floor:Expansive open-concept living, dining, and modern kitchen, designed for shared occupancy orpremium rental positioning. Walk-Out Basement:Fully self-contained with separate entrance, second kitchen, full washroom, laundry, and directoutdoor access, well-suited for independent tenancy or extended-stay rental use.
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Contact MeTotal Monthly Payment
$10,088 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,996,000
Total Interest Payments
$1,230,656
Total Payment (Principal + Interest)
$3,226,656
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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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.