10/10 location! Waterfront living at Harbour Point, right at Gardiner Expressway. 1 bed plus MASSIVE double-doored den. Walk everywhere…shops, restaurants and entertainment are right at your doorstep. Enjoy full wall of windows with great southeast view overlooking Toronto Harbour. Perfect vantage point of the water and boats. Closest building to the water! 99% walking score.
How can you profit?
1) Easy Flip: Buy for $499k, renovate, and sell in the mid $600s-mid $700s. Look at the 2020 listing for inspiration on how to make it beautiful again!
2) Move In: Enjoy a GIANT discount off market value in exchange for some elbow grease. Lots of time to get a bank mortgage!
3) Realtors, bring your clients! We’ll pay 2.5% commission.
SUMMARY:
– LOCATION: Toronto, ON (250 Queens Quay W at Rees St & Gardiner Expy)
– PURCHASE PRICE: $515,000 (Includes 2.5% comp to realtors)
– DISCOUNTED DIRECT BUYER PRICE: $499,900 Or Best Offer
– AFTER REPAIR VALUE: Mid $600s or more. Some similar units are selling as high as mid $700s!
– CLOSING: March 14 – April 13, 2024 (Seller’s discretion. This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 1 Bed Plus Massive Den/1 Bath
– PARKING: None
– SQFT: 788
– AGE: 1986
– CONDO FEES: $780/month including water
– PROPERTY TAX: Approx $2260/year
RENOVATIONS NEEDED:
– Cosmetic renovations to kitchen, bath, flooring, paint.
– Needs new appliances.
– Smells like animal urine.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– 10/10 location at the Toronto Harbour
– Ensuite laundry
– Where else can you buy a Toronto condo in the $400s?!
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
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