$75k discount off market! Invest in a spacious 1,200 sq ft, 2-storey condo in Scarborough. This 3-bedroom, 2-bathroom unit offers townhouse-style living within a condo building, complete with 1 parking space. Condo fees cover all utilities except electricity, enhancing your investment’s appeal. The seller will freshly paint the entire condo white before closing, ensuring a move-in-ready experience.
How can you profit?
1) Rent for approximately $3500/month as-is! You’ll cash flow from day one.
2) Move In. It’s basically a townhouse in a building! Enjoy a 2-storey home at apartment prices. Realtors, add your desired commission on top and bring us a buyer!
SUMMARY:
– LOCATION: Scarborough, ON (4060 Lawrence Ave E near Kingston Rd)
– PURCHASE PRICE: $375,000 Or Best Offer
– CURRENT MARKET VALUE: Nearing $450k
– CLOSING: February 13, 2025 (This is an assignment sale.)
– TYPE: 2 Storey Condo Apartment
– BEDS/BATHS: 3 Bedrooms/2 Baths
– PARKING: 1 parking space
– SQFT: 1,235
– AGE: 1976
– CONDO FEES: $1,350/month (includes water, heat, cable TV)
– PROPERTY TAX: $1,016 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Bathroom is somewhat outdated, but it’s rent-ready as is!
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– The cheap cheap price! And $75k discount off market.
– Seller will freshly paint the entire unit white before closing.
LISTING ID: 1224-SCA-C02
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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