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360B Melrose Street, Mimico M8Z 1G8

Price

$998,000

Bedrooms

Not listed

Bathrooms

Not listed

Size

Not listed

Year Built

Not listed

Property Type

House

Property Taxes

$5678.1

Description

Rare Permit-Issued Individual Building Lot Opportunity - 360 Melrose lot B. Listing Price Is For One Proposed 25 Ft X 125 Ft Lot Only; Full Two-Lot Package Also Available. Attention Builders, Investors, And End Users. Severance Approved With City-Assigned Address And Building Permit Issued For An Architecturally Distinct Modern/Contemporary Detached Home Designed By The Renowned Contempo Studios, Offering Over 2,100 Sq. Ft. Above Grade And Over 2,950 Sq. Ft. Including Basement. All Architectural Drawings, Working Drawings, And Construction Drawings Have Been Completed And Paid For. Permission To Remove Trees Has Been Granted. Buyer Can Start Construction Right Away With The Major Planning, Design, Severance, Tree, And Permit Work Already Completed. Existing Detached 4-Bedroom Bungalow With Basement Currently On Site, Offering Flexibility To Build A Shovel-Ready Project Now Or Hold And Build Later. Ideal For A Builder, Investor, Or End User Looking To Build A Custom Home In A Convenient Etobicoke Pocket, Minutes To Mimico, The Queensway, Sherway Gardens, Major Highways, Parks, Schools, Transit, And Everyday Amenities. Seller Is An HCRA/Tarion Licensed Builder And Can Build For The Purchaser.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,559 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$798,400

Total Interest Payments

$492,263

Total Payment (Principal + Interest)

$1,290,663

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

Related Properties

Property at 360A Melrose
18 hours on market

360A Melrose

$998,000

Toronto, ON M8Z 1G8

Beds| Baths|N/A

Listed By: REALTY ONE GROUP FLAGSHIP

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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