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56 WRIGHT Avenue, Roncesvalles M6R 1K8

Price

$2,100,000

Bedrooms

5 Beds

Bathrooms

5 Baths

Size

1500-2000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$9123.33

Description

A rare investment opportunity in the heart of Toronto's highly coveted Roncesvalles Village. Situated on a large lot, this detached multiplex is currently configured as five self-contained residential units, including a basement apartment, offering strong income potential in one of the city's most desirable west-end neighbourhoods. This beautifully renovated building features bright and inviting units throughout, complemented by professionally landscaped front and rear grounds, including a charming shared rear courtyard space. Additional basement storage space provides added convenience and utility. Ideally located just steps from Sorauren Park, vibrant cafés, acclaimed restaurants, boutique shopping, transit, and the renowned Roncesvalles retail strip. An exceptional opportunity to acquire a well-maintained multi-residential asset in a premier urban location with strong tenant appeal, stable income potential, and long-term upside.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$8,805 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,680,000

Total Interest Payments

$1,035,823

Total Payment (Principal + Interest)

$2,715,823

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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Listed By: CENTURY 21 REGAL REALTY INC.

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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