Wholesale Condo Townhouse in A+ Condition

aaronmoore

Frequent Forum Member
REIN Member
Who wants to buy a house in great condition at a nice discount? Usually we buy fixer-uppers, but not this time. It's a condo townhouse built in 2014 and it has upgrades.

How can you profit?
1) Buy with a $60k discount and rent it out.
2) Easy buy and flip. Just do touch-ups, clean, stage and re-sell.

SUMMARY:
- LOCATION: North York near Yorkdale Mall (Wilson & Dufferin)
- PURCHASE PRICE: $529,900 Or Best Offer
- AFTER REPAIR VALUE: $588,000 is what a similar unit just sold for. But our unit is nicer and more updated!
- CURRENT VALUE: $580-$600k - No renos are needed!
- CLOSING: March 30, 2021 (This is an assignment sale.)
- TYPE: Condo Townhouse, 3-Storey
- BEDS/BATHS: 1 Bed + 1 Den/1.5 Bath
- PARKING: 1 parking spot in underground parking
- SQFT: 862 sqft
- AGE: 2014 Built
- PROPERTY TAX: $2,176.92
- CONDO FEE: $412.29

RENOVATIONS NEEDED:
- Cleaning
- Maybe you can find some walls that need paint after the sellers move.
- The sellers may or may not leave some furniture behind.

GOOD NEWS:
- This townhouse is newer and in great condition.
- 9 foot smooth ceilings
- Stainless Steel appliances
- 200+ sqft private terrace with BBQ hook up
- Sought after location in Toronto. Near 400, 401, Yorkdale Mall. Steps to TTC and everything you need in the city.
- Townhouses are in high demand, compared to high-rise condos.

PICTURES are here: https://www.housedealsgta.ca/property/wholesale-townhomes-toronto-ontario/
 
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