Description Turn Key Investment Opportunity 40+ condo town homes 1 hr north of Toronto
- 40+ Luxury Condo Titled townhomes for sale at $10 mln with Guaranteed Lease up
- Flexible closing
- Entire complex is in the process of being renovated
- Units have been completely renovated inside including brand new:
-- Custom Kitchens
-- Flooring; Laminate, ceramic and carpet
-- High efficiency furnaces and air conditioning units
-- Premium lighting; Pot lights, under cabinet lighting, dining room chandelier
-- Bathrooms
-- Updated electrical and plumbing
-- Laundry hookups + tub
-- Appliances; Stainless steel fridge, stove and dishwasher
-- Exterior renovations include :
-- Brand new facade; Vinyl siding, Stone, balcony, trellas, lighting, windows and doors
-- Landscaping; entrance gardens, units gardens, sod, backyard privacy fencing
- New paved driveways and roadways
- New poured curbs
- Minutes from; Parks, schools, waterfront, shopping, hospital, and beach
- Average rent is $1400 + utilities
- CAP Rate 6%
Floor area between 1,176 sq.ft. to 1,320 sq.ft.
2 storey, 6 rooms, 3 bedrooms, one 4 piece bathroom.
1 car built-in garage.
Room sizes:
- living room: 10.11' x 8.11'
- kitchen: 8.11' x 8.11'
- dining room: 10.11' x 8.11'
- master bedroom: 15.11' x 10.11'
- bedroom: 12.11' x 10.11'
- bedroom: 11.11' x 7.11'
Municipal water and sewer.
Services: electricity, telephone, cable TV and high speed Internet, bus service, natural gas.
Asking price $10 mln negotiable
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
phone 705-543-1341