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
$1,495,000
Bedrooms
7 Beds
Bathrooms
4 Baths
Size
2500-3000 sqft
Year Built
51-99
Property Type
House
Property Taxes
$5384
Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighborhood, just a short distance from Humber River Hospital, public transit, 401access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3bedroom $1815+hydro and 3 bedroom + den $1825+hydro (both long term tenants under market rent)both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment.
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Contact MeTotal Monthly Payment
$6,320 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,196,000
Total Interest Payments
$737,407
Total Payment (Principal + Interest)
$1,933,407
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.
