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185 Laughton Avenue, Weston-Pellam Park M6N 2X6

Price

$1,149,000

Bedrooms

3 Beds

Bathrooms

3 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4117

Description

Welcome to 185 Laughton Ave, an exceptional investment opportunity in the highly desirable Weston Pellam Park neighbourhood. This well maintained triplex features three self-contained units; One - 2 Bedroom unit and Two -1 bedroom units, each with its own private entrance and in-suite laundry, offering convenience and privacy for tenants. Extensive renovations completed in 2023 include updated flooring throughout, a modern kitchen with quartz countertops, and a beautifully renovated bathroom in the main-floor unit. With estimated market rents of approximately $5,500 per month, this property presents a turnkey cash-flow opportunity for investors or owner-occupiers seeking supplemental rental income. The detached garage at the rear offers additional value, with potential for a future laneway suite. Located just steps from transit, parks, schools, shopping, and an abundance of local amenities, this is a rare opportunity to own a versatile income-generating property in one of Toronto's growing west-end communities.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,971 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$919,200

Total Interest Payments

$566,743

Total Payment (Principal + Interest)

$1,485,943

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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