Who’s looking for a profitable property, or a great price on their next home?
I canāt say enough about how great a deal this 2-bed, 2-bath condo is, so letās break it down:
- It’s less than the price of 1-bedroom comps!
- Itās available BELOW the tax assessed value!
- Itās 25% off the MLS price!
- Thereās almost $100K in instant equity!
Built in 2018, this property is in turnkey condition. Move-in yourself, or take on a low-effort rental property! Expected rents are $2,300-$2,500/month, and with the low purchase price, this will be far more profitable than most condos.
The bright, open layout, floor-to-ceiling windows, and oversized balcony make it an inviting place to live. The unobstructed view of the lake will make it easy to sell or rent. If you donāt want it for yourself, multiple exit paths remain open.
How can you profit?
1) Move In With Equity – End users can buy around $100K below market value and move straight into a newer condo without taking on renovation risk. Even 1+1 comps are selling in the high $300Ks. This is your chance to get a bigger home at a cheaper price!
2) Rental Property – This one is turnkey and ready to go. Estimated rent is $2,300-$2,500/month, and the 2 bed, 2 bath layout should appeal to a wider tenant pool than a typical 1-bedroom condo. Low effort and easy income!
3) Easy Wholetail – The unit is already in clean, modern condition, so there is no heavy lift here. Clear out any junk, clean it, and stage it. With all 2-bedroom comps selling over $400K youāve got a clear path to a tidy profit!
4) Realtors: Bring Your Clients – This is a strong fit for value-focused end users who want a newer condo without paying retail pricing. It also works for investor clients looking for an easy rental with minimal work required. Help your buyers get this property for $100K less than MLS! Includes 3% co-op for Realtors
SUMMARY:
– LOCATION: Grimsby, ON (560 N Service Rd)
– DISCOUNTED DIRECT BUYER PRICE: $329,900 Or Best Offer
– PURCHASE PRICE: $345,900 Or Best Offer (Includes 3% co-op for Realtors)
– CURRENT VALUE: $425,000Ā Check out the 2 bedroom comp that sold 15 days ago for $625K!!!! (Admittedly it is a bigger sqft than this property)
– CLOSING: May 15, 2026 (There may be flexibility here for the right buyer. This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 2 beds/2 baths
– PARKING: 1 parking spot
– BASEMENT: None
– SQFT: 895
– AGE: 2018 (Less than 10 years old!)
– CONDO FEES: $730/month (includes cable TV, building insurance, common elements, water and parking)
– PROPERTY TAX: $5,213 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This property is well-maintained and move-in ready.
– Some junk and furniture removal may be required.
– Please view the pictures and videos to confirm if thereās anything you’d like to renovate.
GOOD NEWS:
– Your chance to buy 25% under MLS asking price!
– Built in 2018, modern finish level and low-maintenance setup
– Oversized balcony with unobstructed view of the water, sunset views and skyline views. Floor-to-ceiling windows, open-concept layout and in-suite laundry
– Move in / rent ready condition!
LISTING ID: 0426-GRI-C01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and moreā¦)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca ā Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.
PS. Email us today for your info package. Who wants to make money on this one?