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
$1,499,000
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6046.41
** CHARMING! Exceptional Investment Opportunity in High Park North! ** High-Cash-Flow (5.2% Cap) Triplex in One of Toronto's Most Desirable Neighbourhoods! Featuring 3 Well-Designed Legal Apartments with unique character, cozy vibes, and spacious private decks: 1 Two-Bedroom Unit + 2 One-Bedroom Units. A Rare Bonus: One-of-a-Kind Garden Cabin-Perfect for a Home Office, Creative Studio, Hobby Room, or Guest Retreat! Live in One Unit and Let the Other Two Help Pay Your Mortgage! Each unit is currently tenanted on a month-to-month basis with wonderful tenants at excellent market rents, while the lower-level two-bedroom unit including the garden cabin will be vacant as of December 1-offering exceptional flexibility for owner-occupiers, investors, or multi-generational living. Shared coin-operated laundry provides an additional income stream. Enjoy an unbeatable location just a short walk to the vibrant shops and restaurants of The Junction and Bloor Street, Dundas West and Keele subway stations, UP Express and GO Transit, and the beautiful trails and green spaces of High Park. Set on a lovely, tree-lined street in a welcoming community, this distinctive property combines income potential, lifestyle appeal, and urban convenience. ** A Rare Opportunity to Own a Versatile, Turn-key Income Property in a Prime Toronto Neighbourhood! A Must-See! **
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Contact MeTotal Monthly Payment
$6,389 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,199,200
Total Interest Payments
$739,380
Total Payment (Principal + Interest)
$1,938,580
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.
