Who’s looking for a profitable property?
ARV is $590K and there’s minimal work needed to get you there. Steps from lake, this south-facing 1+1 bed condo has 2 parking spaces and is ready for a quick flip!
Or hold onto it. This property is move in ready and can produce over $2500/month in rental income. Great for those working downtown, and it’s a short commute to TMU (Ryerson) or U of T. Save over $100,000 when compared to buying on market!
How can you profit?
- Easy Wholetail – Clean, paint, minor upgrades, and sell for an ARV of $590k. This unit will sell for a premium relative to recent comps in the building thanks to the 2 parking spaces, better view, and south facing exposure.
- Buy & Hold Rental – Estimated rent is $2,500/month based on recent listings in the building. Bonus angle: you can also rent out one parking spot separately for extra income!
- Move In With Equity – Save over $100k buying this as your first home, or something for your kid when they get their first job downtown. Good condition and low condo fees!
- Realtors: Bring Your Clients – This is a simple, value forward opportunity 1+1 bed, 2 parking, south exposure, and great price. Add your desired commission.
SUMMARY:
- LOCATION: Toronto, ON (Bathurst St & Gardiner Expy)
- PURCHASE PRICE: $449,900 Or Best Offer
- AFTER REPAIR VALUE: $590,000
- CLOSING: April 1, 2026 (There is some flexibility. This is an assignment sale.)
- TYPE: Condo
- BEDS/BATHS: 1+1 bed / 1 bath
- PARKING: 2 parking spots + 1 locker
- SQFT: 606
- AGE: 2012
- CONDO FEES: $510/month
- PROPERTY TAX: $2,270 in 2025
- POSSESSION: Vacant on closing (tenant vacates March 31, 2026)
RENOVATIONS NEEDED:
- Clean and light cosmetic updates
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- 2 parking spots (unusual in this building)
- South-facing exposure
- 2012 build, with reasonable condo fees ($510/month)
LISTING ID: 0226-TOR-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 & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Email us today for your info package. Who wants to make money on this one?
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