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$2,095,000
Available - For Sale
Listing ID: C12078422
Great Investment opportunity with this detached live/work space on Davisville Ave just steps from Bayview. Property is zoned residential and has a commercial component currently on the main and lower levels. Convert this property into a multiplex and possibly add on to the building. You can live and rent or use the property as a total income property. This impressive eco-friendly build features solar-powered radiant heating across all three floors, each equipped with individual temperature controls, alongside a recirculating hot water tank powered by a glycol solar system. A backup on-demand tankless water heater ensures continuous supply, while six air conditioning units provide efficient cooling. The interior boasts warm cork flooring and additional insulation between floors for enhanced soundproofing. The main and lower levels serve as commercial space, showcasing a welcoming reception area, a three-piece bathroom, and an open-concept workspace that includes a private office. The lower level offers an inviting breakroom with a kitchen and restroom. This adaptable space is zoned Residential and may be used for Commercial uses as well (please refer to the attached Toronto Zoning Uses document). The separately metered upper unit is currently tenanted and comprises a one-bedroom residential space with an open-concept kitchen, dining, and living area, complete with a walk-out to a private balcony. This setup allows for the possibility of living upstairs while enjoying a short commute to your office below. All are nestled in a highly desirable location just steps away from Bayview Ave, high walking and vehicular traffic. Parking on the property under the carport and permit parking available.
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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 $104,750 $209,500 $314,250 $419,000
First Mortgage $1,990,250 $1,885,500 $1,780,750 $1,676,000
CMHC/GE $54,731.88 $37,710 $31,163.13 $0
Total Financing $2,044,981.88 $1,923,210 $1,811,913.13 $1,676,000
Monthly P&I $8,758.5 $8,236.96 $7,760.28 $7,178.18
Expenses $0 $0 $0 $0
Total Payment $8,758.5 $8,236.96 $7,760.28 $7,178.18
Income Required $328,443.71 $308,885.97 $291,010.63 $269,181.68

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS ADVANTAGE REALTY

477 Davisville Aven , Toronto, M4S 1H9, Toronto

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MD Ashraful Bari
Broker
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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 C10
Neighbourhood: Mount Pleasant East
Style: 2-Storey
Lot Size: x 90.00(Feet)
Approximate Age:
Tax: $24,540.03
Maintenance Fee: $0
Beds: 1
Baths: 3
Garage: 0
Fireplace: Y
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
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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

 

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