Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
97 Sixteenth Street, New Toronto M8V 3J9
Price
$788,000
Bedrooms
4 Beds
Bathrooms
1 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$3408.47
Description
Perfect for first-time buyers, this beautifully renovated fully detached home in Toronto's growing lakeside community offers an easy and affordable entry into the market. Featuring two-car front yard parking and a surprisingly spacious layout, the home backs onto green space for exceptional privacy and includes a 12x12 deck with a covered patio-ideal for relaxing or entertaining. Located within walking distance to Kipling TTC, the lake, Humber College, and Colonel Samuel Smith Park, it combines everyday convenience with a vibrant outdoor lifestyle. Recent updates include a modern kitchen, newly painted wall and new furnace making it truly move-in ready. . A large second-floor loft provides flexible storage or closet space. With seller offering VTB (Vendor Take Back Mortgage), this is a rare opportunity to own a detached home with greater financing flexibility. The property is currently tenanted on a month-to-month basis at $2,850 per month, with utilities paid by the tenant.
Property Dimensions
Main Level
Living Room
Dimensions
4.3' × 3'
Features
laminate, w/o to porch, ceiling fan(s)
Kitchen
Dimensions
3.13' × 3'
Features
custom backsplash, renovated, stainless steel appl
Laundry
Dimensions
2.88' × 1.51'
Features
w/o to deck, b/i shelves, custom backsplash
Bedroom 4
Dimensions
2.75' × 2.6'
Features
laminate, picture window, overlooks frontyard
Sunroom
Dimensions
0' × 0'
Features
concrete floor, picture window
Office
Dimensions
3.1' × 2.6'
Features
laminate, overlooks backyard, picture window
Upper Level
Bedroom 2
Dimensions
3.44' × 3.2'
Features
hardwood floor, picture window, overlooks backyard
Primary Bedroom
Dimensions
3.22' × 3.91'
Features
hardwood floor, walk-in closet(s), b/i shelves
All Rooms
Laundry
Dimensions
2.88' × 1.51'
Features
w/o to deck, b/i shelves, custom backsplash
Sunroom
Dimensions
0' × 0'
Features
concrete floor, picture window
Office
Dimensions
3.1' × 2.6'
Features
laminate, overlooks backyard, picture window
Living Room
Dimensions
4.3' × 3'
Features
laminate, w/o to porch, ceiling fan(s)
Kitchen
Dimensions
3.13' × 3'
Features
custom backsplash, renovated, stainless steel appl
Primary Bedroom
Dimensions
3.22' × 3.91'
Features
hardwood floor, walk-in closet(s), b/i shelves
Bedroom 2
Dimensions
3.44' × 3.2'
Features
hardwood floor, picture window, overlooks backyard
Bedroom 4
Dimensions
2.75' × 2.6'
Features
laminate, picture window, overlooks frontyard
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$3,615 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$630,400
Total Interest Payments
$388,680
Total Payment (Principal + Interest)
$1,019,080
Get An Estimate On Selling Your House
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
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.
