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62 Church Street, Central West

Price

$1,069,000

Bedrooms3 Beds

Bathrooms3 Baths

Size2500-3000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$5410

Maintenance FeesNot listed

Description

Ideally located just north of the new Ajax Casino, this detached legal duplex presents an exceptional investment opportunity. Featuring 5 bedrooms and 3 washrooms, the property includes a fully self-contained bachelor unit, perfect for generating additional rental income. Zoned for mixed use (residential and commercial), this versatile property offers strong current income with significant upside potential for future redevelopment, such as conversion into multi-unit apartments or commercial use (e.g., office and retail store).With two separate hydro meters. Situated just seconds from Highway 401, schools, restaurants, shops, and public transit, the location offers unmatched convenience and visibility in a rapidly developing area.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$4,292 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$855,200

Total Interest Payments

$527,283

Total Payment (Principal + Interest)

$1,382,483

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