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1748 Fairport Road, Dunbarton

Price

$1,499,900

Bedrooms3 Beds

Bathrooms6 Baths

Size1500-2000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$8489.5

Maintenance FeesNot listed

Explore A Virtual Tour

Description

Welcome To 1748 Fairport Rd, A Detached Legal 2-Unit Bungalow In The Heart Of Pickering. This Home Offers A Unique Opportunity For Investors, Families Or Individuals Looking For A Versatile Living Arrangement. It Is Situated On A Massive 61 X 198 Foot Lot, With A Fully Fenced Inground Pool And Loads Of Privacy In The Backyard. With Its Spacious Layout And Spectacular Features, This Property Is A Rare Find. This Bungalow Features Two Separate Units, Each With Its Own Entrance, Kitchen And Living Space, Providing Ample Room For Multi-Generational Living, Rental Income, Or A Combination Of Both. The Nearly 1,900 Square Foot Main Level Plays Host To 3 Oversized Bedrooms, Kitchen, Dining, Living Room With A Walk Out To The Sunroom, And Its Own Laundry Room With Access To The Double Car Garage. The Lower Level, Approximately 1,600 Square Feet And Completely Renovated With Egress Windows, Is Where You Will Find A Modern Kitchen, 4 Spacious Bedrooms, 4 Modern 3-Piece Bathrooms, And A Laundry Room. The Entire Home Is Currently Being Leased, The Main Level Is Leased For $3,200/Month And Ends This July. The Lower Level Is Leased For $4,250/Month Combined. Perfect For Multigenerational Living Or Live On The Main Floor And Use The Income From The Lower Level To Pay Down Your Mortgage, There Are So Many Options To Choose From With This One Of A Kind Opportunity.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$6,096 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,199,920

Total Interest Payments

$739,824

Total Payment (Principal + Interest)

$1,939,744

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

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.

Let's Find Your Dream Home Together