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Unit 705, 10 Tobermory Drive, Black Creek M3N 2Y5

Price

$400,000

Bedrooms

2 Beds

Bathrooms

1 Baths

Size

800-899 sqft

Year Built

31-50

Property Type

Condo

Property Taxes

$912.45

Explore A Virtual Tour

Description

Low property tax! Low all-inclusive maintenance! Whether you are looking for a new move-in-ready unit, or the ideal income-generating property, 705-10 Tobermory Drive is the best of both worlds. Many tasteful updates include new professionally-installed flooring, an open-concept kitchen with large island, quartz counters, clean white cabinetry, built-in microwave with exhaust fan, modern light fixtures, contemporary feature wall, quartz-top bathroom vanity, and many more investments. Updated electrical panel (2023 - fuse to breaker), dedicated in-suite laundry (with additional same-floor common laundry room) and a unit-owned underground parking spot lend versatility and increase rental revenue potential. No car, no problem! This friendly, quiet building is perfectly tucked among scenic walking trails and located right across from a TTC bus stop, just 3 stops from Finch West Station. Enjoy exceptional transit access: only 1 subway stop to York University, 4 stops to Yorkdale Mall, 11 stops to UofT, and 1 stop to newly built Rogers Stadium! With the Finch West LRT now in operation, Humber College is just 15 stops away on a direct dedicated transit line. Highway 400 is a quick 7-minute drive, and Humber River Hospital is just 11 minutes away. Within a 15-minute walk you'll find 6 public and Catholic schools, a Toronto Public Library branch right across the street, and every possible essential service nearby: major grocers, pharmacies, restaurants, gyms, banks, and more. This area is in a rapidly developing transit corridor, with major municipal improvements taking place and values braced to increase. The location is ideal for families, professionals, and students alike with multiple universities nearby, making it a solid rental opportunity. Book your viewing today to maximize your investment!

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$0 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$320,000

Total Interest Payments

$197,300

Total Payment (Principal + Interest)

$517,300

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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