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
$1,639,000
Bedrooms
4 Beds
Bathrooms
5 Baths
Size
Not listed
Year Built
100+
Property Type
House
Property Taxes
$6745
Marvelous opportunity! Incredible location. Easy passive income with a 4.7% cap rate. Great spaces with natural light. A+ tenants. Multi-unit property with significant upgrade features, including 1x2 bedroom unit, 2x1 bedroom units on the second and third floor, and a bachelor in the basement. The secure common entrance features laundry and bike storage. The first level unit has a renovated kitchen, plenty of counter space with clever hotplates, and access to a sun-drenched south-facing backyard. One bedroom is on the main floor, and a second is in the basement, with a large bathroom and plenty of storage. The second floor has a large one-bedroom and loads of light. The third floor has a loft-like one-bedroom unit with a walkout to a small balcony and a fantastic unobstructed view. The high basement also features a sun-filled bachelor with a brand new walk-out and separate entrance with new foundations and a sump pump. The Solid double-car garage has laneway housing potential. Conveniently located right just steps from the subway and public transit. **EXTRAS** Amazing A+ tenants. Great rental income. Currently 4.7% cap rate. See attached financials.
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Contact MeTotal Monthly Payment
$6,950 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,311,200
Total Interest Payments
$808,435
Total Payment (Principal + Interest)
$2,119,635
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.