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
$1,650,000
Bedrooms
5 Beds
Bathrooms
6 Baths
Size
3500-5000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$10123
Exceptional Investment & Multi-Generational Opportunity Steps From Liberty VillageAn incredible opportunity to own approximately 3,500 sq. ft. of beautifully renovatedVictorian living space in one of Toronto's most convenient downtown-west locations.Currently configured as a legal duplex, 13 Spencer Ave offers an impressive 7 bedrooms, 6bathrooms, two designer kitchens and expansive living spaces highlighted by soaring ceilings,exposed brick, quartz finishes and spa-inspired bathrooms.The walk-out basement with separate entrance offers additional flexibility and future incomepotential, while multiple laundry setups make the property exceptionally functional forinvestors, extended families or those looking to live in one portion of the home whilegenerating income from the other.Outside, enjoy an incredible approximately 300 sq. ft. rooftop terrace, along with the rareconvenience of 4 covered parking spaces.With its combination of size, income potential, high-end finishes and versatility, this is anopportunity that is increasingly difficult to replicate this close to downtown Toronto.Perfect for an investor, multi-generational family, or end user looking to offset theircarrying costs while building long-term equity.
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Contact MeTotal Monthly Payment
$7,271 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,320,000
Total Interest Payments
$813,861
Total Payment (Principal + Interest)
$2,133,861
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.
