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119 Macpherson Avenue, Annex M5R 1W9

Price

$2,795,000

Bedrooms

3 Beds

Bathrooms

3 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$11752.2

Description

Located in the heart of Summerhill & Ramsden Park on one of the best streets in the area, 119 MacPherson Ave is an exceptional & rarely offered home w/over 3,100+ sq ft of living space. From the gorgeous red brick facade, this Victorian hm features great ceiling height as well as lg principal rooms & is situated on a sunny south facing lot w/exceptional city skyline views. Set up as 3 units, this home presents as a fabulous turn-key investment ppty w/ excellent mth to mth tenants or an amazing opportunity to buy & transform back into a single-family home to your absolute specifications & desires. One could also occupy one unit & enjoy income from excellent tenants. As you walk into the front yrd, a lush front garden adds vibrancy to the classic brick exterior. The main unit spans main flr & lower lvl, feat. 2 spacious bdrms, a kitchen w/eat-in area & walkout to yard, a true oasis in the middle of the city! The 2nd-floor apt boasts 2 bright bdrms & a sleek 3-pc bthrm, providing ample living space with a functional layout. On the 3rd flr, the cozy 1-bedrm apt offers a private retreat w/a 3-pc ensuite. Nestled in one of Toronto's most coveted neighbourhoods, Summerhill offers a blend of charm, convenience, & luxury. Enjoy a short stroll to York School, De La Salle, Rosedale & Summerhill TTC, making commuting a breeze. The area is renowned for its boutique shops, fine dining & vibrant cafes along Yonge St, Outdoor enthusiasts will love the proximity to Ramsden Park offering lush green spaces, tennis courts, an outdoor skating rink for winter & one of the city's best dog parks. With its prime location & incredible potential, this home is a rare opportunity to own a piece of one of Toronto's most sought-after communities surrounded by multi-million-dollar homes. **EXTRAS** In terms of location, this loved & superbly maintained hm is being sold for the first time in 50+ years. Never worry about parking with 3 (midsize) car parking available at rear thru laneway!

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$11,520 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,236,000

Total Interest Payments

$1,378,631

Total Payment (Principal + Interest)

$3,614,631

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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