Sumit Chopra, Broker - Royal LePage Flower City Realty

$1,498,000

Available - For Sale

Listing ID: W12165449

1608 WESTON Road , Toronto, M9N 1T9, Toronto

High Exposure-Corner Freestanding, Fronting Directly On Weston Road. 4 Rental Units Including 3 Apartments and 1 Front Commercial Retail Space-All Leased. Investment Opportunity With 4 Total Units-2 Updated 1 Bedroom Apartments, 1 Main Floor Rear Bachelor Suite + A Front Retail Store With Pylon Signage. New shingled roof installed April 2025. 2 Front Parking Spaces + 6 Rear Private Parking Spaces. All Apts Have Separate Entrances. 200 Amp Service. 50 Gal Hwt, Wall A/C Units & Sep Hydro Meters. Great Investment Opportunity.

Price	$1,498,000
Taxes:	$6800.00
Tax Type:	Annual
Occupancy:	Owner
Address:	1608 WESTON Road , Toronto, M9N 1T9, Toronto
Postal Code:	M9N 1T9
Province/State:	Toronto
Legal Description:	LT 15 PL 2161 TWP OF YORK; TORONTO
Directions/Cross Streets:	WESTON/LAWRENCE

Washroom Type	No. of Pieces	Level
Washroom Type 1	0
Washroom Type 2	0
Washroom Type 3	0
Washroom Type 4	0
Washroom Type 5	0
Washroom Type 6	0
Washroom Type 7	0
Washroom Type 8	0
Washroom Type 9	0
Washroom Type 10	0

Category:	Apartment
Building Percentage:	T
Total Area:	1700.00
Total Area Code:	Square Feet

Sprinklers:	No
Washrooms:	0
Heat Type:	Baseboard
Central Air Conditioning:	Yes

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Heating:

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Percent Down:
Down Payment	$74,900	$149,800	$224,700	$299,600
First Mortgage	$1,423,100	$1,348,200	$1,273,300	$1,198,400
CMHC/GE	$56,924	$41,794.2	$35,652.4	$0
Total Financing	$1,480,024	$1,389,994.2	$1,308,952.4	$1,198,400
Monthly P&I	$7,303.65	$6,859.37	$6,459.44	$5,913.89
Expenses	$0	$0	$0	$0
Total Payment	$7,303.65	$6,859.37	$6,459.44	$5,913.89
Income Required	$273,886.91	$257,226.38	$242,229.13	$221,770.77

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

HOMELIFE PRINCIPLE REAL ESTATE

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Sumit Chopra

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647-964-2184

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905-230-3100

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905-230-8577

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Type:	Com - Investment
Area:	Toronto
Municipality:	Toronto W04
Neighbourhood:	Weston
Style:
Lot Size:	x 120.40(Feet)
Approximate Age:
Tax:	$6,800
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
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