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
$489,000
Bedrooms
1 Beds
Bathrooms
1 Baths
Size
500-599 sqft
Year Built
11-15
Property Type
Condo
Property Taxes
$2066
Excellent investment opportunity in Toronto's established Mimico waterfront community. This bright and well-maintained 1+den suite offers a functional open-concept layout, floor-to-ceiling windows, abundant natural light, in-suite laundry, central air conditioning, an owned underground parking space and an owned locker.Conveniently located near the waterfront, parks, walking and cycling trails, cafés, restaurants, grocery stores, TTC, Mimico GO Station and the Gardiner Expressway, offering excellent connectivity to downtown Toronto.Sold with an existing tenant in place, providing immediate rental income from closing. The purchaser will assume the existing tenancy and all related landlord obligations, with the tenant's lawful rights and occupancy fully preserved. An attractive opportunity to acquire a tenanted, income-producing property in a desirable waterfront neighbourhood.
Unit Number
161634
Maintenance Fee
$706.26/month
Inclusions
Heat, Parking, Water
Building Insurance
Yes
Exposure
North East
Locker
Owned - Unit 194 (B)
Parking Type
Not listed
Pet Policy
Yes-with Restrictions
Property Manager
Maple Ridge Community Management Ltd.
Stories
16 floors
Condo Corp Number
2289
Water
Included
Hydro
Not included
Cable
Not included
Heat
Included
Parking
Included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$391,200
Total Interest Payments
$241,199
Total Payment (Principal + Interest)
$632,399
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M8V 0A9
Listed By: REAL ESTATE ADVISORS INC.
Toronto, ON M8V 0H1
Listed By: EXP REALTY
Toronto, ON M8Y 0B5
Listed By: CENTERPOINT REALTY INC.
Toronto, ON M8Y 0C7
Listed By: RE/MAX REAL ESTATE CENTRE INC.
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.
