






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
$789,000
Bedrooms
4 Beds
Bathrooms
2 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$3461
Welcome to 53 Twenty Fourth Street, a versatile property tucked away in a quiet pocket of Long Branch on a deep and private 25ft x 129 ft lot. Offering flexibility for investors, first-time buyers, multi-generational families, or end-users looking to offset their carrying costs with rental income, this property presents an exciting opportunity in one of South Etobicoke's most desirable lakeside communities.The home currently features two self-contained living spaces with separate entrances. The front unit offers 2 bedrooms, 1 bathroom and a full kitchen, while the rear unit, accessed from the backyard, features 1 bedroom, 1 bathroom and its own kitchen.Live in one unit while generating rental income from the other, accommodate extended family, or explore the property's future income-producing potential. The generous lot may offer opportunities to create additional living space or units, including potential for a garden suite, subject to applicable zoning, permits, municipal approvals and buyer due diligence.Set in a family-friendly neighbourhood known for its charm, character and strong sense of community, the property is within walking distance of shops, schools, restaurants, parks, Lake Ontario, beaches and public transit, with convenient access in and out of the city.A unique opportunity combining location, flexibility, rental potential and long-term possibilities in the heart of Long Branch.
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Contact MeTotal Monthly Payment
$3,623 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$631,200
Total Interest Payments
$389,174
Total Payment (Principal + Interest)
$1,020,374
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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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.