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OFF MARKET! Deep Discount on 2000 Sq. Ft. Penthouse Condo Overlooking The Lake! Move In Ready.

Aaron Moore

REIN Member
Oct 22, 2008

Who's looking for a profitable property?​

Big beautiful penthouse unit! All rooms overlooking the bay, beach and marina. Enjoy the huge 500 sq. ft. private terrace and second balcony. Walkout from all 3 bedrooms. Building amenities include indoor salt-water pool, hot tub, sauna, billiard room, part room, library, bike storage and guest suite. Mins from public transit, Allendale GO Stn, Centennial Beach, shopping, rec, nightlife, and more.

Take a look at two similar condos on TopHouse.com that sold for over a million...

1. A smaller unit that sold for $1,055,000 with nice renos. (Click here)
2. A non-penthouse unit that sold for $1,025,000. We think our unit has much nicer finishings. (Click Here)

How can you profit?
1) Move In.
Enjoy the built in equity!
2) Realtors, bring your clients. We’re offering 2.5% co-op on this deal.
3) Wholetail. Close in the new year and list as-is. Great for a realtor flipper.

- LOCATION: Barrie, ON (Lakeshore Dr & Victoria St)
- PURCHASE PRICE: $874,900 Or Best Offer (Includes 2.5% Co-op for Realtors)
- AFTER REPAIR VALUE: Approaching $1M

- CLOSING: January 15, 2024 (Flexible. This is an assignment sale.)
- TYPE: Penthouse Condo Apartment – Overlooking the Lake!
- BEDS/BATHS: 3 Bed/2 Bath
- PARKING: 2 Underground
- SQFT: 1640 sq. ft. plus massive 500 sq. ft. terrace
- AGE: 1991
- CONDO FEES: $1545/month including water (building underwent $10M facelift last year. Owners chose to add their chunk to condo fees instead of paying lump sum.)
- PROPERTY TAX: $5140/year

- Move in ready! No renos needed.
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you'd like to renovate.

-Location, location, location! Penthouse unit overlooking the lake.
- Condo installing new sliding doors on all the penthouse units next year
-Master ensuite bath has double sinks and heated floors

MORE PICTURES and our contact info are here: https://www.housedealsgta.ca/property/barrie-condo-investment/
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