Who’s looking for a profitable property?
This is a turnkey 2025 studio condo for only $249K. A comp in the same building sold LAST MONTH for $328K! Making this property is a steal at 24% off market price!
Low condo fees and no repairs needed means this property is affordable for any buyer. Estimated rent is $1,500-$1,700/month and for a building this age there will be minimal work required as a landlord!
How can you profit?
- Move In With Equity – At $250K, this property is available 24% below market price! This is a new condo with low fees, ensuite laundry, and no renovation project required. End users get a low-cost Toronto entry point with upside from day one.
- Rental Property – Estimated rent is $1,500-$1,700/month. With low condo fees, and no renovations required this will be the easiest property to manage!
- Realtors: Bring Your Clients – This is a 1 YEAR OLD Toronto condo available under $250k, which gives your budget-conscious buyers an option that is hard to find. It is turnkey, has low monthly fees, and offers a clear value story against the recent $328k comp. Add your desired commission.
SUMMARY:
- LOCATION: Toronto, ON (28 Eastern Avenue)
- PURCHASE PRICE: $249,900 Or Best Offer
- MARKET VALUE: $328,000 (our asking price is 24% off market value)
- CLOSING: October 1, 2026 (There is some flexibility here. This is an assignment sale.)
- TYPE: Condo Apartment
- BEDS/BATHS: Studio / 1 bath
- PARKING: None
- SQFT: 310
- AGE: 2025
- CONDO FEES: $262/month (includes amenities and locker fee)
- PROPERTY TAX: $1,878 (2025)
- POSSESSION: Vacant
RENOVATIONS NEEDED:
- Turnkey 2025 condo apartment. No major renovations required.
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Available 24% lower than the unit 533 which sold last month for $328K
- Low condo fees at only $262/month, including amenities and locker fee.
- 2025 build with low condo fees and lots of amenities!
- Ensuite laundry and locker included.
LISTING ID: 0626-TOR-C01
Please let us know if you want to view it or if you want the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, Georgia Godfrey, Aaron Moore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors