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
$1,199,999
Bedrooms
5 Beds
Bathrooms
3 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5580
Rare & Exceptional Opportunity In The Heart Of Mimico! This well-maintained, owner-occupied legal duplex offers an incredible combination of multiple units, location, lot size, and parking. Currently configured as a legal duplex, featuring a spacious 2-bedroom main-floor unit and a generous 3-bedroom upper unit. The lower level offers an additional 1-bedroom apartment with a separate entrance, an excellent opportunity for buyers looking to maximize the property's potential. Each unit features separate hydro meter and ensuite laundry. Set on a rare 146-foot-deep lot, the property also features a detached garage and private parking; an exceptional offering in this highly sought-after Mimico neighbourhood. The home has been lovingly cared for by its owner and offers a fantastic opportunity for investors, multi-generational families or buyers looking for additional rental income. Steps to Parklawn and Lakeshore, enjoy the best of Mimico with the lake, waterfront trails, parks, dining, shopping, transit and major commuter routes all close by. A truly rare property with exceptional potential in one of Toronto's most desirable west-end communities.
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Contact MeTotal Monthly Payment
$5,276 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$960,000
Total Interest Payments
$591,898
Total Payment (Principal + Interest)
$1,551,898
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.
