Located close to all amenities and the 401, this condo townhouse in Whitby is a steal of a deal and perfect for Investors looking for a quick flip or rental opportunity!! Extremely well-maintained, with a partially secluded front yard patio area, this property boasts 3 bedrooms, 1 full bathroom, a fully finished basement, dedicated parking, an owned AC unit, separate laundry room, a new roof in 2020, and fresh paint 4-months-ago. While it could easily be rented as-is for a quick profit, we believe that with a little bit of cosmetic updating it could easily sell above $500,000, or rent at a much higher rate given the demand for rentals and low availability of these particular townhomes. The average 3 bed condo townhouse in Whitby sells for $781,000, up 31% over this time last year. At only $420,000, you can’t pass up the opportunity to invest in one of the GTAs hottest markets for almost half of the average sale price!!
We are selling our assignable purchase contract.
Closing is September 22nd, 2021
**As per our APS, the Seller may stay in the property for a maximum of 30 calendar days after closing. The Buyer and Seller agree that the amount of $10,000 will be held back from the sale proceeds (to be held in trust with the Buyer’s lawyer, until the Seller vacates). If the Seller does not vacate within the 30 days allotted after closing, the $10,000 holdback will not be provided to the Seller, but rather will be forfeited to the Buyer on the 31st calendar day following closing. Further, the Buyer will not be responsible for paying any utilities not included in the condominium fees during the maximum 30 day period following closing.**