Prime Investment Alert: Attention savvy investors! An exceptional opportunity has arrived to buy this property at a tasty discount to market. This beautifully renovated 2-bedroom, ground-floor condo would be great on the Spring 2025 market, or it could be a long-term hold. This unit features a brand-new kitchen with modern appliances and numerous upgrades. Budget maybe $10K for flooring and paint, and it’s ready to flip. The complex is known for low condo fees and excellent management. If you’re looking to Flip, you can capitalize with minimal additional investment. By renting it out you’ll benefit from strong rental demand; this property offers compelling options. A short drive to the 401 and walking distance to TTC, shopping, groceries, restaurants, shops, medical building, schools, gym, library and much more! Don’t miss this turnkey opportunity.
How can you profit?
1) Easy Flip/Wholetail – Looking for quick profits? Buy this property, do quick cosmetics and cleaning, stage it well, and sell it in the hot spring market. Have some cash or HELOC available? Use it on this easy flip to keep your costs low for a couple of months. Need quick financing? Contact us to explore your options!
2) Buy and Hold – Collect around $2300/month for this spacious 2 bed unit! It’s rent-ready as-is.
3) Move-in Ready – Realtors! We’re paying 2.5% commission on this one. Bring your clients to see this exceptional, fully upgraded and modern home. Anyone can purchase this at a significantly reduced price and immediately increase their net worth.
SUMMARY:
– LOCATION: Scarborough, ON (McLevin Ave & Tapscott Rd)
– PURCHASE PRICE: $419,900 Or Best Offer
– CURRENT MARKET VALUE: around $500,000 (Might need some paint and flooring.)
– CLOSING: March 31,2025 (This is an assignment sale.)
– TYPE: Condo Townhouse
– BEDS/BATHS: 2 beds/1 bath
– PARKING: 1 parking surface
– SQFT: 725
– AGE: 2004
– CONDO FEES: $356 (includes Building Insurance, Water, Parking Common Elements)
– PROPERTY TAX: $1,388 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Maybe some flooring and fresh paint, but its already rent ready.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Practically Turn-key and we’ll even offer private lending.
– Fast and Cheap cosmetic renos, and you can flip this for profits.
– It’s a condo, so no big-ticket expenses, and it is well managed.
– Perfect Timing! Buy in the winter and sale in the hot Spring market.
LISTING ID: 0225-SCA-C01
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 & Randall Reashore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.