HawthorneVillager.com

Hi everyone,

We're working on prepping a few upcoming listings here in town, but in the meantime, if you know of anybody looking to purchase a rental investment property and they'd prefer downtown condo over a suburb townhome, this might be a good opportunity for them. Located at Bathurst and Lake Shore, this building is steps to the CNE, BMO Field, Billy Bishop airport ferry, CityPlace, Rogers Centre, and of course public transit for easy access to everything downtown.

Yes, there are a TON of condos in the downtown core, but rental vacancies are low and the market is still in good shape. Would I personally buy a $550,000 condo in the city? No. But at $259,900 with Condo fees under $250/month, I personally see more long term upside with entry-level units like this.

And don't kid yourself, This IS an entry level 1 bedroom, small but AFFORDABLE as an executive rental unit for the single professional. Currently rented, but the tenant has bought and is moving out. The seller does have other potential tenants ready if you'd like - they will be moving their capital to another project. The unit is 1 yr old, so the building is FINISHED and your tenant can enjoy life instead of complaining about construction.

Here's the MLS description:
425 Sqft+144 Sqft Balcony as per builder plan, Comes Tastefully Decorated (Furnished Optional - Pull Out Couch & Wall Mounted Tv With Cable Box, 2 Oversized Designer Picture Frames, Chairs-Dining Table-Writing Desk, Garbage Bins, Coffee Maker, More - Turnkey For Investor!); SS Appliances (Stove, Otr, Dw & Fridge) and ensuite laundry included; Custom Made Floor-To-Ceiling Blinds (Over $2000). Located Across New Superstore Being Built Soon! This Condo Is A Great Opportunity For Working Professionals Or Investors! Located In A Trendy Neighbourhood, Minutes From Transit, Shopping, Parks Etc - Convenience At Its Finest!

_________________
Fred De Carolis
FREDHELPS.COM or on Facebook
Thanks for your support in the
search for Milton's Favourite Realtor!
REVEL REALTY -- MILTON'S FAVOURITE REAL ESTATE BROKERAGE, as voted by YOU!!!