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
$2,050,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
2500-3000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$7024.13
This full three storey brick and stone building is situated in the prestigious Republic of Rathnelly. This is a rarely available investment opportunity on this stretch of Avenue Rd. Three spacious units over 3500 SqFt (Include Bsmt) with ideal layout and design. The second and third floor make up a very large 3 bedroom apartment and could be split into two apartments. The first floor and basement were previously used for commercial, seller has plans and drawings to convert them into two more, two bedroom units (drawings available on request) with potential for high rents. Prime Toronto real estate location. Short walk to Yorkville, Summerhill, Dupont strip, Annex, Casa Loma, ROM, minutes to the downtown core. Convenient TTC access with a 10 minute walk to Summer or Dupont TTC stations. Four car private parking at rear of building. Great work/live opportunity! Tons of Potential! Floor plans for potential renovation and walk through video available on request.
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Contact MeTotal Monthly Payment
$8,450 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,640,000
Total Interest Payments
$1,011,160
Total Payment (Principal + Interest)
$2,651,160
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.
