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$1,588,888
Available - For Sale
Listing ID: E12069634
For the investors, builders & visionaries to capitalize on a PREMIUM, 50 ft wide, extra DEEP lot at 175 ft APPROVED Zoning for a 4-unit apartment with potential for a 5th unit/garden suite. This will be a CASH COW with rental income as high as $11,000+ for all 4 units. With the garden suite, enjoy monthly income as high as $14,000. Cover your mortgage while applying for your building permit! Currently rented as a 3+1bed/2bath furnished as a single-family home with gross rent as high as $6000 monthly. Being sold fully furnished. Current home renovated in 2021 includes new kitchen, bathrooms, flooring, roof replaced within the last 6years. Newer furnace and AC. Walking distance to excellent schools, shopping, restaurants, TTC, gym & close to extremely quiet GO Train line, 401, 407, 404, DVP. Project eligible for CMHC low-interest financing to build 4plex w/garden suite. Rare, high-income-generating asset blends strong immediate cash flow with huge long-term appreciation potential. Whether you're an investor seeking passive income or a builder ready to maximize returns, this is an opportunity you cant afford to miss!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $30,995 $61,990 $92,985 $123,980
First Mortgage $588,905 $557,910 $526,915 $495,920
CMHC/GE $16,194.89 $11,158.2 $9,221.01 $0
Total Financing $605,099.89 $569,068.2 $536,136.01 $495,920
Monthly P&I $2,591.6 $2,437.27 $2,296.23 $2,123.99
Expenses $0 $0 $0 $0
Total Payment $2,591.6 $2,437.27 $2,296.23 $2,123.99
Income Required $97,184.85 $91,397.81 $86,108.59 $79,649.51

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY

5 Bellefontaine Stre , Toronto, M1S 1J6, Toronto

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto E05
Neighbourhood: L'Amoreaux
Style: Bungalow
Lot Size: x 175.00(Feet)
Approximate Age:
Tax: $4,900
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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