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1267 King Street, South Parkdale M6K 1G9

Price

$1,988,888

Bedrooms

9 Beds

Bathrooms

9 Baths

Size

2000-2500 sqft

Year Built

100+

Property Type

House

Property Taxes

$6667.93

Description

Rare Urban Income Opportunity in the Heart of King West / South Parkdale! Built for flexibility and income potential, this extensively renovated legal duplex offers an exceptional 9+1 bedroom configuration, multiple ensuite-style washrooms, 2 kitchens, separate entrances and 2-car laneway parking. Thoughtfully designed for shared living, the property provides investors with a unique opportunity to generate multiple rental streams within one freehold asset while retaining future flexibility in how the space is operated. Modern finishes, hardwood flooring, updated mechanicals and a 3/4" upgraded main water line complement a highly functional layout. Ideally positioned steps from TTC, Liberty Village, Exhibition Place, BMO Field, the waterfront, restaurants, shops and some of Toronto's most dynamic neighborhoods. A compelling opportunity for investors seeking scale, location and long-term income potential in a difficult-to-replicate downtown property.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$8,201 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,591,111

Total Interest Payments

$981,017

Total Payment (Principal + Interest)

$2,572,127

Get An Estimate On Selling Your House

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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

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.

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