






Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
74 Sixteenth Street, New Toronto M8V 3K1
Price
$799,000
Bedrooms
2 Beds
Bathrooms
1 Baths
Size
< 700 sqft
Year Built
51-99
Property Type
House
Property Taxes
$3778
Description
Opportunity to build new home(s) or investment property in desirable South Etobicoke in the heart of New Toronto. Located in a sought-after neighborhood with convenient access to parks, schools, transit, and local amenities Situated on a 40' x 100' freehold lot (approx. 4,004 sq. ft.), it offers exceptional potential for investors, builders, and renovators looking to seize the opportunity on a prime residential location. The site features detached home built in 1948, detached garage with private driveway. The site is designated with residential RM zoning, supporting strong and varied redevelopment potential therefore it is ideal for variety of opportunities such as renovation, expansion, or a custom rebuild. Whether your strategy is to renovate and hold, flip, or redevelop, this is a rare chance to secure a well-sized lot in an established, high-demand west-end neighborhood with long-term upside
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$3,686 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$639,200
Total Interest Payments
$394,106
Total Payment (Principal + Interest)
$1,033,306
Get An Estimate On Selling Your House
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
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.
