Who’s looking for a Toronto area condo in the $300s?
This spacious condo unit is just a short walk to Humber College’s north campus. Centrally located, it’s also nearby Woodbine Mall, Pearson Airport, Humber Trail, hospital, public transit, 400 series highways, Casino Woodbine, and much, much more! Water and gas are already included in the condo fees. Ensuite laundry and the large walk-in closet are there for your comfort as well. Brand new flooring has recently been installed. Building amenities include indoor pool, hot tub, sauna, gym, library, party room, games room, outdoor patio, bike storage, and security guard.
How can you profit?
1) Rent It Out. Close as soon as you like and get tenants in right away. Rental units are in high demand in this area. Other 1 bedroom apartments in the building recently rented for $2k.
2) Wholetail. Paint it and list it! Prices have leveled off in July and August. We expect prices to increase or remain stable this fall.
3) Move In Now. Get this Toronto area condo more than 20% under current market value. Realtors, we’re paying 2.5% on this deal.
SUMMARY:
– LOCATION: Etobicoke, ON (Humberline Dr & Finch Ave)
– PURCHASE PRICE: $359,900 Or Best Offer
– AFTER REPAIR VALUE: High $400s
– CLOSING: October 3, 2022 (You can close earlier if you prefer. This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 1 Bed/1 Bath
– PARKING: 1 Underground
– SQFT: 639 sq. ft.
– AGE: 1991
– CONDO FEES: $460/month. Includes water & gas.
– PROPERTY TAX: $1198
RENOVATIONS NEEDED:
– Needs a paint job.
– Kitchen and bath could use modernizing…but if you’ll be renting this out, you may choose to leave it as is.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Water and gas included in condo fees
– Ensuite laundry
– New flooring
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
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.