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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,025,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$4117
Welcome to 185 Laughton Ave, an exceptional investment opportunity in the highly desirable Weston Pellam Park neighborhood. 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. 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. 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. 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.
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Contact MeTotal Monthly Payment
$4,526 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$820,000
Total Interest Payments
$505,580
Total Payment (Principal + Interest)
$1,325,580
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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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.