Who’s looking for a profitable property?
Prime location! Stunning, spacious sub-penthouse corner unit at the prestigious Pantages Tower in the heart of the city. Located right across from St. Michael’s Hospital. This modern and comfy apartment will leave you in awe with its panoramic city view and new renovations. Walk to Yonge Dundas Square, Eaton Centre, TTC, Ed Mirvish Theatre, TMU/Ryerson, and more! Spectacular views and high-end finishes.
Currently operating as an AirBnb. Comes completely furnished with approximately $30k worth of top-of-the-line items…turnkey/move in ready investment. Great way to profit from downtown Toronto tourism! Condo fees include all utilities.
How can you profit?
1) AirBnB/Short Term Rental. Sleeps 8! Currently 4.93 star rating on AirBnB. One of the very few downtown Toronto condos that are permitted to run AirBnBs. Take advantage of a rare opportunity to earn around $650-850/night!
2) Move In. Buy for $130k less than 2023 sold price! Close fast to enjoy a strong discount off market.
SUMMARY:
– LOCATION: Toronto, ON (210 Victoria St at Yonge St and Shuter St. between Queen & Dundas)
– PURCHASE PRICE: $759,900 Or Best Offer
– CURRENT MARKET VALUE: $800s. There have been no 2 bedroom sales in the building in 2024, but multiple 2023 sales went as high as $880s.
– CLOSING: September 10, 2024 (Sooner the better! Some flexibility possible. This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 2 Beds/2 Baths
– PARKING: 1
– LOCKER: Yes
– SQFT: 1130
– AGE: 2004
– CONDO FEES: $927/month including water, hydro, heat
– PROPERTY TAX: $3,578 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– None! Unit is fully turnkey with luxury finishes.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Huge discount off market!
– A1 location with rare short term rental potential
– Ensuite laundry
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors