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165 Carlson Drive, Gorham-College Manor

Price

$1,399,000

Bedrooms

3 Beds

Bathrooms

3 Baths

Size

2000-2500 sqft

Year Built

51-99

Property Type

House

Property Taxes

$5197.85

Description

*Two Lots In One* Rare One-Of-A-Kind Offering In The Heart Of Newmarkets Sought-After Gorham-College Manor Community. Investors & Builders Special: This Unique Multi-Family Detached Income Property Sits On 187.5 x 80 Ft** Oversized Corner Double Lot At 165 Carlson Drive. Comprised Of Two Parcels With City-Approved Severance Potential And Development Plans For An Additional Stunning Modern 2-Storey, 2750+ Sqft Detached Home. Endless Investment Possibilities: (1) Retain The Original Multi-Unit Home, Sever And Sell Or Build On The Vacant Lot. (2) Renovate The Existing Home, Live On The Upper Floors And Rent The Basement Apartment While Landbanking The Second Parcel. (3) Sever The Lot And Build Two Brand-New Detached Homes. (4) Keep The Double Lot Intact And Construct A 5000+ Sqft Estate Mansion. Surrounded By Luxury Multi-Million Dollar, New Builds On Srigley St And Carlson Dr. The Existing Home Is A Well-Maintained 4-Level Sidesplit Featuring 3 Spacious Bedrooms Plus A 1 Bedroom Apartment With A Private Separate Walk-Up Entrance. ~2200 Sqft of Living Space With Two Private Laundry En-Suites, A Serene Backyard Oasis For Each Unit. Main With Walkout To Multi-Level Patio, Lush Landscaping And Ample Storage With Two Sheds. Large Double Driveway Fits 4 Cars. Prime Location: Moments From Top-Rated Schools (Sacred Heart, Huron Heights), Parks (Fairy Lake), Major Amenities (South Lake Hospital, Shopping), Just Minutes To Highway 404. Bonus Perks: *Crypto Accepted (BTC/USDT)*. Flexible Possession - Easy Showing. A High-Return Investment With Multiple Lucrative Exit Strategies. Request A Copy Of Site-Plans And Book Your Tour Today!

Property Dimensions

Total Levels

4

Total Rooms

10

Total Area

154 sq ft

Avg Room Size

15 sq ft

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Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$5,459 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,119,200

Total Interest Payments

$690,055

Total Payment (Principal + Interest)

$1,809,255

Get An Estimate On Selling Your House

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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 Shawn

Meet Shawn

If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.

Let's Find Your Dream Home Together