Who’s looking for a profitable property?
Throw this BIG unit on your line of credit! Buy for $365k, renovate, and sell in the low $500s. The most recent renovated comparable sold for $535k. (Most sales are unrenovated properties in the mid $400s.) Steps away from Humber River Trail. Walk to Go Station and TTC. Close to highway, hospital, shopping, and all amenities. Brand new balcony recently installed with a gorgeous nature view.
No permits needed for renos! Just notify super and get to work. Easy license needed only if removing kitchen wall.
SUMMARY:
– LOCATION: York, ON (2130 Weston Rd and Lawrence Ave)
– PURCHASE PRICE: $365k Or Best Offer
– AFTER REPAIR VALUE: Low $500s
– CLOSING: September 26, 2024 (This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 3 Beds/1.5 Baths (including master ensuite)
– PARKING: 1 Parking Space
– LOCKER: None.
– SQFT: 1225. Massive unit!
– AGE: 1976
– CONDO FEES: 1240/month includes water, cable tv
– PROPERTY TAX: $1,293 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Unit needs full interior renovation from top to bottom. This property is in rough shape. Some investors may decide to preserve the drywall, some may choose to gut it completely.
– Possible pest control.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Cheap cheap cheap!
– Big ensuite laundry closet/room
– Brand new beautiful balcony with gorgeous views
– Windows done 3 years ago
– Parking garage will be renovated next
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
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.