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$2,999,900
Available - For Sale
Listing ID: C12166655
Prime condo assembly opportunity directly beside a major new subway station currently under constructionthis property is the next lot immediately east, physically touching the future Ontario Line King St West station. Ideal for joining with neighbouring townhomes to develop a high-rise condo site. Fully renovated to the studs in 2024 with over $700,000 in upgrades, including all-new soundproofing, fire-rated drywall, new roof, 1" plumbing lines, 200-amp dual-pane ESA-approved electrical, gas lines and plumbing rough-ins on the main and second floors, five full bathrooms with stand-up showers, two furnaces and two A/C units for zoned climate control, and new vinyl windows. Layout includes two retail units on the main floor, one retail unit on the second floor, a 2-bedroom lower-level apartment, and a 3-bedroom third-floor apartment with soaring ceilings, plus a spacious rear addition and fully fenced, landscaped backyard. Current gross rent approx. $13,500/month. A rare, turnkey investment with strong holding income and exceptional long-term development potential beside key transit infrastructure.
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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 $97,500 $195,000 $292,500 $390,000
First Mortgage $1,852,500 $1,755,000 $1,657,500 $1,560,000
CMHC/GE $50,943.75 $35,100 $29,006.25 $0
Total Financing $1,903,443.75 $1,790,100 $1,686,506.25 $1,560,000
Monthly P&I $8,152.3 $7,666.86 $7,223.18 $6,681.36
Expenses $0 $0 $0 $0
Total Payment $8,152.3 $7,666.86 $7,223.18 $6,681.36
Income Required $305,711.33 $287,507.23 $270,869.08 $250,550.96

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 REAL ESTATE ASSOCIATES

54 Stewart Stre , Toronto, M5V 1H6, 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 - Semi-Detached
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Waterfront Communities C1
Style: 3-Storey
Lot Size: x 86.00(Feet)
Approximate Age:
Tax: $7,260
Maintenance Fee: $0
Beds: 5+2
Baths: 5
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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