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
$1,249,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
Not listed
Year Built
Not listed
Property Type
House
Property Taxes
$5700.85
Introducing a prime real estate opportunity in the heart of East York - a meticulously maintained investment property with immense potential.Currently operating as a duplex with A+ tenants on the upper floor, this property is expertly structured for effortless conversion into a triplex,presenting a lucrative opportunity for savvy investors. Each unit offers its own separate entrance, has a separate 100 amp hydro meter but home could easily convert back into a single-family home, making this the perfect opportunity for an investor looking for a flexible space.This main floor unit offers a perfect blend of comfort and convenience, with a generously sized bedroom and well-appointed large kitchen with direct access to covered terrace in the backyard, as well as parking for two vehicles.Lower unit has been upgraded with vapour barrier and soundproofed and is a versatile space that can easily be transformed into a charming one-bedroom apartment. or could be the perfect opportunity for an intergenerational family setup, accommodating diverse living arrangements for modern families.Expansive upper unit boasts two bedrooms and a spacious family room with a new gas fireplace. Family room provides the option for it to double as a third bedroom, home office or cater to a variety of tenant needs.Don't miss the chance to invest in this mechanically sound property, with a new oversized state-of-the-art boiler for rads and water tank, an updated plumbing system and a foundation recently waterproofed and under warranty, this home is rare find in a coveted community. Located steps to parks, hospitals, schools, transit and all of the amenities that make East York one of the most sought after places in the GTA.
Dimensions
3.27' × 3.63'
Features
hardwood floor, window
Dimensions
3.35' × 5.38'
Features
hardwood floor, window
Dimensions
4.4' × 3.23'
Features
tile floor, eat-in kitchen
Dimensions
2.13' × 3.43'
Features
Tile Floor
Dimensions
3.21' × 4.23'
Features
Tile Floor
Dimensions
4.03' × 3.74'
Features
Tile Floor
Dimensions
3.54' × 2.96'
Features
hardwood floor, window, closet
Dimensions
4.54' × 3.76'
Features
hardwood floor, window, combined w/dining
Dimensions
2.74' × 3.27'
Features
tile floor, window
Dimensions
4.39' × 3.39'
Features
linoleum, window, fireplace
Dimensions
2.73' × 3.8'
Features
hardwood floor, window, closet
Dimensions
4.54' × 3.76'
Features
hardwood floor, window, combined w/living
Dimensions
3.35' × 5.38'
Features
hardwood floor, window
Dimensions
4.54' × 3.76'
Features
hardwood floor, window, combined w/dining
Dimensions
4.03' × 3.74'
Features
Tile Floor
Dimensions
4.54' × 3.76'
Features
hardwood floor, window, combined w/living
Dimensions
2.13' × 3.43'
Features
Tile Floor
Dimensions
2.74' × 3.27'
Features
tile floor, window
Dimensions
4.4' × 3.23'
Features
tile floor, eat-in kitchen
Dimensions
3.27' × 3.63'
Features
hardwood floor, window
Dimensions
3.54' × 2.96'
Features
hardwood floor, window, closet
Dimensions
2.73' × 3.8'
Features
hardwood floor, window, closet
Dimensions
3.21' × 4.23'
Features
Tile Floor
Dimensions
4.39' × 3.39'
Features
linoleum, window, fireplace
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Contact MeTotal Monthly Payment
$5,462 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$999,200
Total Interest Payments
$616,068
Total Payment (Principal + Interest)
$1,615,268
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.