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
$1,229,000
Bedrooms
5 Beds
Bathrooms
5 Baths
Size
3000-3500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$7204
Exceptional opportunity to own a newly renovated, spacious home in Newmarket with excellent income potential! Offering over 3,000 sq. ft. of above-grade living space, this impressive property features 5+2 bedrooms, 1+1 kitchens, 1+1 laundry rooms, and a bright skylight that fills the home with natural light. The lower unit has a separate entrance, providing privacy and convenience for tenants or extended family. Currently generating $5,300/month in combined rental income from the upper and lower units. Perfect for a buyer looking to live comfortably in the upper unit while leasing the lower unit to help offset mortgage and ownership costs, or an investor seeking a strong income-producing property. Newly renovated, spacious, versatile, and move-in ready - a rare opportunity that combines comfortable living with outstanding investment potential!
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Contact MeTotal Monthly Payment
$5,516 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$983,200
Total Interest Payments
$606,203
Total Payment (Principal + Interest)
$1,589,403
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M6H 3M8
Listed By: RE/MAX ULTIMATE REALTY INC.
Toronto, ON M6H 2X7
Listed By: RE/MAX NOBLECORP REAL ESTATE
Toronto, ON M6H 2V1
Listed By: IKON REAL ESTATE INC.
Toronto, ON M6H 3T1
Listed By: HOMELIFE REGIONAL REALTY LTD.
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.
