Who’s looking for a profitable property?
Big beautiful penthouse unit! All rooms overlooking the bay, beach and marina. Enjoy the huge 500 sq. ft. private terrace and second balcony. Walkout from all 3 bedrooms. Building amenities include indoor salt-water pool, hot tub, sauna, billiard room, part room, library, bike storage and guest suite. Mins from public transit, Allendale GO Stn, Centennial Beach, shopping, rec, nightlife, and more.
Take a look at two similar condos on TopHouse.com that sold for over a million…
- A smaller unit that sold for $1,055,000 with nice renos. (click here)
- A non-penthouse unit that sold for $1,025,000. We think our unit has much nicer finishings. (click here)
How can you profit?
1) Move In. Enjoy the built in equity!
2) Realtors, bring your clients. We’re offering 2.5% co-op on this deal.
3) Wholetail. Close in the new year and list as-is. Great for a realtor flipper.
SUMMARY:
– LOCATION: Barrie, ON (Lakeshore Dr & Victoria St)
– PURCHASE PRICE: $844,900 Or Best Offer (Includes 2.5% Co-op for Realtors)
– $30k PRICE DROP! NEW DISCOUNTED DIRECT BUYER PRICE: $819,900
– AFTER REPAIR VALUE: Approaching $1M
– CLOSING: January 15, 2024 (Flexible. This is an assignment sale.)
– TYPE: Penthouse Condo Apartment – Overlooking the Lake!
– BEDS/BATHS: 3 Bed/2 Bath
– PARKING: 2 Underground
– SQFT: BIG 1640 sq. ft. unit plus massive 500 sq. ft. terrace
– AGE: 1991
– CONDO FEES: $1545/month including water (building underwent $10M facelift last year. Owners chose to add their chunk to condo fees instead of paying lump sum.)
– PROPERTY TAX: $5140/year
RENOVATIONS NEEDED:
– Move in ready! No renos needed.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
-Location, location, location! Penthouse unit overlooking the lake.
– Condo installing new sliding doors on all the penthouse units next year
-Master ensuite bath has double sinks and heated floors
Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Deb Weir, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.