Who’s looking for a real deal?
Here’s a discounted condo in a popular Cabbagetown building where units fly off the shelves! Special features include an exercise room, sauna, party room, library/media room, and a roof top terrace with barbecue and patio. No need for a car here with TTC at your doorstep, bike storage onsite, and Food Basics right across the street. But if you do want to drive, you’ve got an indoor parking space included. This unit has been well maintained, freshly painted, and is livable as-is. Realtors, add your commission on top and get your client settled into their new home before Christmas.
How can you profit?
1) Move in now! This property has been well maintained and nothing is urgent. Make it your own slowly over time.
2) Buy at a big discount and rent it out as-is. Enjoy some built in equity from the get-go and collect a rent cheque every month. Units in this building are renting for $2300-$2400+ per month.
3) Do some light renovations over the holidays and list it in the New Year. Ring in 2022 with some quick bucks!
– LOCATION: Toronto, ON (Sherbourne St. & Wellesley St. E.)
– PURCHASE PRICE: $529,900 Or Best Offer
– AFTER REPAIR VALUE: $600k+
– CLOSING: December 15, 2021 (This is an assignment sale.)
– TYPE: High-rise Condo
– BEDS/BATHS: 1+1 Beds/1.5 Baths
– PARKING: 1 Indoor Space
– LOCKER: 1 Unit
– SQFT: 675
– AGE: 2007
– CONDO FEES: $536.98 (includes water, heat, A/C, building insurance, parking, common elements)
– MARKET RENT: $2300-$2400/month
– Only minor interior renovations needed. Upgrade finishes to your liking.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
– Units in this building sell within a few short days!
– Well maintained & freshly painted.
– En suite laundry.
– Building only 14 years old.
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…)
Aaron Moore, Tomomi Wang & Josea Paul
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
Need Fast Financing?
Calvert Home Mortgage has the ability to finance most of the wholesale price, INCLUDING the assignment fee.
Calvert has options for buying with as low as $20k down, with rates starting at 7.99% and a 2% lender’s fee for 25% down.
No additional broker fees! No appraisal fee! Fully open!
Get $1000 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA