


1370 Simcoe Street, Samac
Price
$809,000
Bedrooms2 Beds
Bathrooms1 Baths
Size700-1100 sqft
Year Built51-99
Property TypeHouse
Property Taxes$4338
Maintenance FeesNot listed
Description
Location, Opportunity, Value! Calling all contractors, investors, and visionaries this solid brick home on a generous lot is your next big win! Nestled in a prime location, just steps from shopping, schools, transit, and all amenities, this property is priced to sell and brimming with potential. Whether you're a handyman ready to renovate or an investor looking for serious upside, this is the one. Being sold as-is bring your imagination and unlock the possibilities !The zoning for this property is R4-A/R6-B h-76, which permits: R4-A permits block townhouses, R6-B permits apartment buildings, long term care facilities, nursing home and retirement home. The existing single detached dwelling is a legal non-conforming use, per section 4.2.1 of the zoning bylaw, no enlargement or addition is permitted to a building or structure which is lawfully non-conforming without the approval of the Committee of Adjustment or the Local Planning Appeal Tribunal, as set out in the Planning Act.
Property Dimensions
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Upper Level
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The Property Location
Mortgage Calculator
Total Monthly Payment
$3,268 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$647,200
Total Interest Payments
$399,039
Total Payment (Principal + Interest)
$1,046,239
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Jess Whitehead
Sales Representative

Meet Jess Whitehead
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.
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