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43 Lanyard Road, Humbermede M9M 1Y8

Price

$699,000

Bedrooms

4 Beds

Bathrooms

2 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$3422.21

Description

Opportunity knocks at 43 Lanyard Rd! Whether you're an investor, renovator, first-time buyer, or someone looking to build equity, this property offers outstanding potential at an affordable price point. Featuring a spacious backsplit layout with 5 bedrooms, 2 kitchens, and separate side entrance access to both the main and lower levels, this home offers exceptional flexibility for extended family living, an in-law suite, or future income potential. With the addition of a simple partition wall, the layout lends itself perfectly to a potential 2-bedroom upper unit and 2+1 bedroom lower unit configuration (buyer to conduct their own due diligence regarding future use). Generous principal rooms, soaring lofted ceilings, and a functional floor plan provide the perfect canvas for your renovation ideas and personal touches. Whether you're looking to create your dream home or a strong income-producing property, the upside here is undeniable. Outside, you'll find one of the deepest lots on the street, offering plenty of space for outdoor entertaining, gardening, or simply enjoying your own private backyard retreat. The detached workshop/shed is an added bonus and has all the makings of the ultimate workshop, hobby space, storage area, or future man cave. New metal roof 2025. Conveniently located close to shopping, restaurants, schools, parks, transit, and major highways, this is a rare opportunity to purchase a property with tremendous potential in an established neighbourhood.Bring your imagination, your toolbox, and your vision. The possibilities are endless.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$3,297 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$559,200

Total Interest Payments

$344,781

Total Payment (Principal + Interest)

$903,981

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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