Who’s looking for a profitable property?
This is your shot to scoop a Distillery District address at a $150K+ discount. For $329,900, you get a 1-bed, 1-bath condo in one of Torontoâs most sought-after lifestyle hubsâcobblestone streets, boutique shops, award-winning restaurants, and year-round festivals just outside your door.
At 622 sq ft, this smart layout includes a rare oversized private balconyâa feature you almost never see in this pocket. The unit is rent-ready today, so you can start collecting income immediately while planning a light refresh for maximum resale.
1-beds around here sell for $500K+, so thereâs serious equity upside. And because itâs a condo, youâre not shelling out for roof or window replacementsâjust focus on cosmetic updates that add value fast.
How can you profit?
1) Hold & Rent â Lock in under market value, rent for around $2300/month, and watch equity grow. (Cash flow at approx. 30% down). Rent-ready as-is!
2) Easy Cosmetic Flip/Wholetail â A quick update could push resale around $500K.
3) Move In with Equity â Affordable entry into a high-demand neighbourhood. Realtors: 5% co-op on this assignment!
SUMMARY:
– LOCATION: Toronto, ON (39 Parliament St at Bloor St, Distillery District)
– PURCHASE PRICE: $329,900 Or Best Offer. (Paying Realtors 5% Co-op)
– AFTER REPAIR VALUE: Around $500,000 (Close to As-Is Value)
– CLOSING: November 3, 2025 (This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 1 bed/1 bath
– PARKING: None
– SQFT: 622
– AGE: 1999
– CONDO FEES: $538/month
– PROPERTY TAX: $2,453 (2024)
RENOVATIONS NEEDED:
– Rent-ready! Flippers may opt for a light refresh. Or just paint and wholetail it!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
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GOOD NEWS:
– Prime Distillery District locationâTorontoâs top walkable lifestyle hub.
– Rare large private balcony ⊠huge value driver in this area.
– Deep discount vs renovated compsâlow entry point, high upside.
LISTING ID: 0825-TOR-C01
PS. Email us today for your info package. Who wants to make money on this one?Â
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