Calling all Realtors! GTA Condo in the $300s!
Here’s one on the Markham-Scarborough border. Short drive to Pacific Mall and Hwys 407/401/404. Steps to TTC, restaurants, library, schools, and Milliken Park. Enjoy indoor pool, sauna, party room and visitor parking.
How can you profit?
1) Wholetail. Clear out the furniture and list it as-is. Other units in similar condition are selling in the high $400s.
2) Easy Flip. Update kitchen, bath, and flooring and sell for $500k+. It’s a small condo…renovate cheaply and quickly for some fast cash.
3) Realtors, we’ll pay 2.5% on this deal. Get your lower-budget clients into the market! This unit comes fully furnished and is liveable as-is.
SUMMARY:
– LOCATION: Scarborough, ON (Steeles & McCowan at 150 Alton Towers)
– PURCHASE PRICE: $376,900 Or Best Offer
– CURRENT MARKET VALUE: High $400s as-is
– AFTER REPAIR VALUE: $500k+
– CLOSING: May 15, 2023 (This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 1 Bed / 1 Bath
– PARKING: 1 Underground
– LOCKER: none
– SQFT: 728 sq. ft.
– AGE: 1988
– CONDO FEES: $391.08 (includes water)
– PROPERTY TAX: Approx $1370
RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, bath, flooring.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Great location and price!
– Time enough to get a cheap bank mortgage.
– Cheap enough to buy on your line of credit.
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,
Aaron Moore, Tomomi Wang & Josea Paul
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors