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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
$999,999
Bedrooms
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Property Type
House
Property Taxes
$6860.25
The Seller agrees to remove THE existing home prior to the closing date Exceptional redevelopment opportunity in one of Etobicoke's most desirable and established neighbourhoods. Formerly a single residential parcel, this property has received Committee of Adjustment approval for severance into two residential building lots. Approved site plans and supporting planning documents are available, providing a rare opportunity for builders, investors, and end-users alike. Significant planning and approval work has already been completed, allowing purchasers to move forward with confidence. The property is currently improved with an existing bungalow, offering flexibility for interim occupancy, rental income, or holding purposes while future development plans are pursued.Ideally located close to Kipling Subway Station, major highways, schools, parks, shopping, and everyday amenities. Buyers are advised to independently verify all lot dimensions, approvals, permits, development charges, servicing requirements, building plans, zoning matters, and intended use.
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Contact MeTotal Monthly Payment
$4,665 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$800,000
Total Interest Payments
$493,249
Total Payment (Principal + Interest)
$1,293,248
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M9B 5J2
Listed By: RE/MAX EXPERTS

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.