One of the largest units in the complex! Spacious end unit…like a semi. Backs onto ravine and green conservation area (no houses behind). Finished walkout basement has 2 bedrooms and a half bath. Consider expanding bathroom into another full bath to maximize student rental potential. Close to TTC, 401, and schools.
How can you profit?
1) Move in! Enjoy the deep discount and update slowly over time to suit your tastes. Realtors, we’re paying 2.5% co-op.
2) Fix & Flip. Add some lipstick and rouge and sell in the $900s.
3) Student Rental. Short bus ride to U of T Scarborough or Centennial College. Move your student son or daughter in, and collect approx $1000/room from their roommates as a mortgage helper.
SUMMARY:
– LOCATION: Scarborough, ON (Morningside Ave & Old Finch Ave)
– PURCHASE PRICE: $769,900 Or Best Offer (Includes 2.5% Co-op for Realtors)
– DISCOUNTED DIRECT BUYER PRICE: $749,900 Or Best Offer
– AFTER REPAIR VALUE: The most recent sale in the complex sold for $925k in June!
– CLOSING: January 30, 2024 (Some flexibility if required. This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse – End Unit – Like a Semi!
– BEDS/BATHS: 3+2 Beds/2 Full Baths/2 Half Baths
– PARKING: 1 Garage Space, 1 Driveway Space
– BASEMENT: Finished Walkout to Ravine Backyard (2 Beds/0.5 Bath)
– SQFT: 1466 (One of the biggest units in the complex)
– AGE: 1989
– CONDO FEES: Low fees! Approx $345/month
– PROPERTY TAX: Approx $2400/year
RENOVATIONS NEEDED:
– Rent ready! Needs cosmetic updates to kitchen, baths, flooring, paint etc if flipping.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Newer roof, windows, furnace and A/C.
– Proximity to transit, post secondary schools, and 401.
– Move in ready!
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,
Josea Paul, Deb Weir, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors