



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.
64 King Street, Weston M9N 1L3
Price
$1,649,900
Bedrooms
12 Beds
Bathrooms
10 Baths
Size
5000 + sqft
Year Built
Not listed
Property Type
House
Property Taxes
$8950
Description
**Development Opportunity - Attention Builders & Investors!** Rare opportunity to acquire a generously sized 106' x 160' lot in a highly desirable neighbourhood with strong market demand. Building permit approved, allowing you to move forward with your development plans without unnecessary delays. The approved design is for a 4-unit apartment development with a potential gross liveable area of approximately 7,770.2 sq. ft. **Approved Unit Layout:** - 3 units, each featuring 2 full bathrooms, kitchen, and living area - 1 unit featuring 3 bedrooms, 1.5 bathrooms, kitchen, and living area This property presents an exceptional opportunity for builders, developers, and investors seeking a project with approved permits, substantial buildable area, and strong income potential. Ideal for new construction, redevelopment, or long-term investment in a sought-after location. **Key Highlights:** - 106' x 160' Lot - Building Permit Approved - 4-Unit Apartment Development - Potential Gross Liveable Area: 7,770.2 Sq. Ft. - Excellent Development & Investment Potential - Prime, High-Demand Location An excellent opportunity to bring an approved development project to life and capitalize on strong demand in the area.
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$7,173 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,319,920
Total Interest Payments
$813,812
Total Payment (Principal + Interest)
$2,133,732
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.
