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
$1,068,000
Bedrooms
5 Beds
Bathrooms
3 Baths
Size
2500-3000 sqft
Year Built
0-5
Property Type
House
Property Taxes
$5850
Located in North York, just minutes from York University, public transit, shopping, restaurants, parks and everyday amenities, this property offers an investment opportunity with established rental income and additional potential. The property features 5 rented rooms, all currently occupied. Current monthly rents are $1,250 for each of two rooms with balconies, $1,150 for each of two additional rooms, and $1,650 for the top-level room, generating a total of $6,450 per month in current rental income.The unfinished basement offers potential for additional living space, including the possibility of two bedrooms, subject to applicable approvals and permits. Conveniently located in a well-connected North York neighbourhood, this property provides current rental income with potential for future improvements.
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Contact MeTotal Monthly Payment
$4,825 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$854,400
Total Interest Payments
$526,790
Total Payment (Principal + Interest)
$1,381,190
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M3K 0A7
Listed By: THE AGENCY
Toronto, ON M3K 0B2
Listed By: VANGUARD REALTY BROKERAGE CORP.
Toronto, ON M3K 0C5
Listed By: SOTHEBY'S INTERNATIONAL REALTY CANADA
Toronto, ON M3K 0C5
Listed By: Coldwell Banker Electric Realty
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.
