Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
10 Fairbank Avenue, Caledonia-Fairbank M6E 3Y4
Price
$999,900
Bedrooms
5 Beds
Bathrooms
3 Baths
Size
1500-2000 sqft
Year Built
51-99
Property Type
House
Property Taxes
$3234
Description
Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential. Situated on a 25 x 125 ft lot, the property features three self-contained units with separate kitchens and living areas, providing a total of 6 bedrooms and 3 bathrooms. Approved architectural plans allow the main house to expand from a legal duplex into a legal 4-unit multiplex, with an additional 2-storey garden suite permitted at the rear. Fire separations, egress requirements and structural notes have already been documented, creating a clear path for redevelopment. Located in the rapidly improving Fairbank neighbourhood, just steps to parks, schools, community amenities and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. A unique opportunity offering immediate rental income, long-term growth potential and multiple future-use possibilities.
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$4,362 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,920
Total Interest Payments
$493,200
Total Payment (Principal + Interest)
$1,293,120
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Meet Ken Matsumoto
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.
