Price
$499,900
Bedrooms3 Beds
Bathrooms3 Baths
Size1000-1199 sqft
Year BuiltNot listed
Property TypeCondo
Property Taxes$4680
Maintenance Fees$599/month
Welcome to 1740 Simcoe St N, Unit 4 a fantastic investment opportunity directly across from Ontario Tech University and Durham College. This modern, carpet-free condo features 3 spacious bedrooms, each with its own private ensuite bathroom, making it ideal for students or professionals seeking comfort and privacy. The open-concept living space is designed for easy maintenance and functionality, appealing to both investors and end users.Please note there is no dedicated parking or locker with this unit, however, both can be rented or purchased through the condo corporation if desired.The building offers excellent amenities including a fully equipped gym, a conference room for meetings and study sessions, and a rooftop patio with BBQs and picnic tables perfect for entertaining or relaxing outdoors.With its unbeatable location across from campus, strong rental demand, and low-maintenance living, this unit is a smart choice for investors looking for reliable cash flow or families seeking a convenient home for their student.
Unit Number
Unit 40
Maintenance Fee
$599/month
Inclusions
Hydro
Building Insurance
Yes
Exposure
East
Locker
Not listed
Parking Type
Not listed
Pet Policy
Restricted
Property Manager
First Service Residential
Stories
1 floors
Condo Corp Number
323
Water
Not included
Hydro
Included
Cable
Not included
Heat
Not included
Parking
Not included
Taxes
Not included
Total Monthly Payment
$1,796 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$399,920
Total Interest Payments
$246,576
Total Payment (Principal + Interest)
$646,496
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
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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