Here’s a big discount on a 2+1 bed condo in downtown Toronto
It’s a solid Fix & Flip opportunity for you. Buy for $609,900, reno, sell for over $725,000 and profit. Also great for anyone looking for a condo to live in or a condo to rent as an income property. Condos are easy to renovate… there’s no exterior work!
SUMMARY:
– LOCATION: 92 King St E, Toronto
– PURCHASE PRICE: $609,900 Or Best Offer
– AFTER REPAIR VALUE: $725k and more if you do nice renos.
– CLOSING: April 20, 2021 (This is an assignment sale.)
– TYPE: Condo
– BEDS/BATHS: 2 + 1 Bed/2 Full Baths
– PARKING: 1 parking spot
– LOCKER: 1 locker
– SQFT: 900 sqft
– AGE: 1990 Built
– CONDO FEES: $846.02/month – includes all utilities
– PROPERTY TAX: $2789
– RENTS: similar units leased recently for $2600 & $2700
RENOVATIONS NEEDED:
– The condo is dated and could use an interior facelift.
– Some junk and furniture removal.
GOOD NEWS:
– 100 Walk Score
– TTC at your doorstep
– All utilities are covered by the maintenance fees
– Some of the other sales over $700,000 aren’t overly renovated and have original tiles in the bathrooms. There’s a very good chance this will sell well over $725,000 if you make it POP!
Please let us know if you want to view it or if you want the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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