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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.
Price
$859,900
Bedrooms
2 Beds
Bathrooms
2 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$3480
Opportunity knocks at 2 Ellins Ave! This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income potential and future upside. The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. A separate rear entrance from the kitchen provides direct access to a covered deck & a spacious backyard perfectly suited for outdoor enjoyment. The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels. A rare parking configuration includes a large detached garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Ave. with an active City of Toronto Front-Yard Parking Permit at $374.18/year.A recent updated survey and conceptual plans for a proposed 4-unit residential property are available, highlighting the property's strong potential for conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located close to Bloor West Village, The Junction, Stock Yards Village, TTC, Jane Station, schools, parks, golf, shopping and restaurants.
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Contact MeTotal Monthly Payment
$3,880 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$687,920
Total Interest Payments
$424,145
Total Payment (Principal + Interest)
$1,112,065
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.