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59 ALICEWOOD Court, West Humber-Clairville M9V 3Y1

Price

$1,349,000

Bedrooms

7 Beds

Bathrooms

4 Baths

Size

2500-3000 sqft

Year Built

51-99

Property Type

House

Property Taxes

$4328.46

Explore A Virtual Tour

Description

Welcome to 59 Alicewood Court! A Fully Renovated Legal Detached Triplex in Etobicoke. Live Mortgage Free or Rent all 3 Units and collect rent as a landlord! Cash Flow! The best part; all units are vacant, fully renovated, and ready to collect MARKET RENT. Three self-contained units, three rental income streams, and one quiet Etobicoke street. This fully renovated legal detached triplex is a turnkey opportunity for investors, multi-generational families, or buyers who want to live in one unit and have the others help pay the mortgage.The property offers a spacious 1 x four-bedroom unit, 1 x three-bedroom unit, and 1 x two-bedroom basement apartment. All three units are fully separated, each with its own private entrance and its own in-suite washer and dryer. Tenants also have access to backyard space, and the double car garage adds valuable convenience and flexibility. Keep it as a full income property, or owner-occupy one unit and collect rent from the other two. With three units, you have options now and into the future. The location supports strong, lasting appeal, with Humber College, schools, and highway access all close by. It's well suited to students, families, and commuters alike. Renovated, legal, and ready for its next owner. Opportunities like this are hard to find, so book your showing today! Fully vacant! Move in ready! This is what smart investors are looking for!

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,707 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,079,200

Total Interest Payments

$665,393

Total Payment (Principal + Interest)

$1,744,593

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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