High Park Fourplex facing the park

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Fabulous 3-storey detached 4-plex facing High Park with a private driveway and 4 parking spots at the rear of the house. 

Rents currently total $4765 per month which is way below the mortgage of $2944 per month based on a 5-year variable mortgage at 2.30% over 35 years (OAC).  This provides you with a $1821 per month positive cash flow which covers all your taxes!  The washer & dryer are coin-op and provide an additional $1200 per year in income.

About Anne Marie

Innovative Freeman Realty salesrep in downtown Toronto shares her thoughts and knowledge about real estate in Toronto.
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