Looking for a Rental or Easy Flip with Little Work?
This top floor stacked condo townie has been well maintained and is move-in ready. Special features include an exercise room, party room, parkette, and underground parking. Minutes from Hwys 400/401 and Weston GO Station (15 min to Union). Walking distance to TTC.
How can you profit?
1) Rent it out as-is. This unit is ready for tenants now! Buy a discounted property while the market is slow and collect a cheque every month. Sell it down the road once the market picks up again.
2) Easy Flip! The mirror image of our unit sold for $650k in April, and nearby properties are currently listed in the mid $600s/low $700s. Buy for $569,900, clean and touch up a bit, then re-sell for around $650k! That’s an $80k spread and you barely need to do any work!
3) Move in now. This property has been well maintained and nothing is urgent. Make it your own slowly over time. Realtors – add a pretty commission and still get your clients a discounted deal.
– LOCATION: York, ON (Jane St. & Lawrence Ave)
– NEW PRICE: $562,900 Or Best Offer
– CURRENT MARKET VALUE: Mid $600s.
– QUICK CLOSING: July 13, 2022 (This is an assignment sale.)
– TYPE: Stacked Condo Townhouse (3rd/Top Floor). Entry from both front and back of building.
– BEDS/BATHS: 2 Bed/1 Bath (One Bedroom doesn’t have a window, but MLS calls these units 2 bedroom units.)
– PARKING: 1 indoor space
– LOCKER: 3′ x 5′ underground
– SQFT: 877 sq. ft.
– AGE: 2007
– CONDO FEES: $428/month
– PROPERTY TAX: approx $1620/year
– Minimal, if any. Move in/rental ready. Clean it up and maybe patch some nail holes from hanging pictures, etc.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
– Inspection & status certificate now available.
– The whole complex got new roofs from the condo board 2 years ago.
– Ensuite laundry.
– Building only 15 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
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