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
$1,388,888
Bedrooms
5 Beds
Bathrooms
4 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4086.96
Welcome to 23 Sixteenth St, Etobicoke - a fully renovated, turnkey investment property offering exceptional income potential in a highly desirable location.This spacious home features three self-contained units:Main Floor: 2 bedrooms, 2 bathrooms, kitchen Second Floor: 2 bedrooms, 1 bathroom, kitchen Basement: 1 bedroom, 1 bathroom, kitchenIn total, the property offers 5 bedrooms, 4 bathrooms, and 3 kitchens, thoughtfully designed to maximize functionality and rental income.The property has been fully renovated, providing a modern and low-maintenance living environment for both owners and tenants.Ideal for investors or end-users, this property offers flexibility to live in one unit while renting out the remaining units, or to fully lease the entire building for strong income potential.The seller and listing brokerage make no representations or warranties regarding retrofit status, zoning compliance, or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements and property details.
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Contact MeTotal Monthly Payment
$5,830 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,111,111
Total Interest Payments
$685,068
Total Payment (Principal + Interest)
$1,796,178
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
