Who’s looking for a profitable property?
Hereâs your chance to grab a 2-bed, 1-bath condo apartment in beautiful Burlington for only $319,900 OBOâfar below nearby sales around the $440K mark. Whether youâre a landlord, end user, or first-time investor, this one checks the boxes: vacant, easy to rent, and in a city where property values hold strong.
Youâre minutes from Burlingtonâs best amenitiesâclose to Lakeshore parks, Spencer Smith waterfront, schools, groceries, and transit. The building has strong management and recently lowered condo fees, making it a reliable long-term hold with great upside.
Inside, youâll find a bright, functional layout with 835 sq ft of living space, in-unit laundry hookups, and a clean slate for your cosmetic updates. Paint and a little refresh will make it rent-ready in no time!
How can you profit?
1) Buy & Hold / Cash-Flow Rental – At this price, your numbers work: with rents around $2,450/month, this Burlington unit can cash flow while building equity in a strong market.
3) Move In with Built-In Equity – Ideal for first-time buyers or downsizersâmove in and enjoy a $80K+ cushion compared to current resale prices.
SUMMARY:
– LOCATION: Burlington, ON (2411 New St at Guelph Line)
– PURCHASE PRICE:Â $319,900 Or Best Offer
– CURRENT MARKET VALUE: $400k
– AFTER REPAIR VALUE: $440K
– CLOSING: December 4, 2025 (Or sooner! This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 2 beds/1 bath
– PARKING: 1 parking spot
– SQFT: 835
– AGE: 1965
– CONDO FEES: $670/month (includes water & heat)
– PROPERTY TAX: $777 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Paint would make it rent-ready!
– Has laundry hookups (no machines currently).
– Condo covers major items (roof, exterior, windows).
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Vacant and ready for immediate closing.
– Building recently lowered condo fees. Whenâs the last time you heard of that??
– Strong Burlington rental marketâ$2,450+ potential rent.
– Clean building with solid management.
– Affordable entry point under $320K in a top tier city.
LISTING ID: 1025-BUR-C01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and moreâŠ)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca â Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?Â