Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,349,000
Bedrooms
3 Beds
Bathrooms
2 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6744.76
Prime Investment Opportunity in a Sought-After Location The JunctionAs the current owners are set to retire, this exceptional property presents a unique investment opportunity right across from Tim Hortons. The main floor is a catering business called Euro Pasta, establishing a vibrant presence in this bustling neighbourhood. You can keep it the same or change it to the business of your choice. On the second floor you'll find a cozy 2-bedroom apartment, perfect for business owners who wish to both work and live on-site, or for investors looking to rent out. Each unit benefits from separate entrances, enhancing privacy and convenience.The basement is finished. Externally, there are 4 parking spots accessible via the back lane, ensuring ample parking for both commercial and residential occupants. Included in the sale are essential appliances: stove, two fridges, a washer, and a dryer, making this a turnkey investment.
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Contact MeTotal Monthly Payment
$5,909 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,079,200
Total Interest Payments
$665,393
Total Payment (Principal + Interest)
$1,744,593
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
