3-Storey Condo Townhouse Flip or Rental Opportunity Located Steps Away From York University!! Sold

This bright, 3-storey condo townhouse located in the York University Heights neighbourhood boasts ample potential for first-time and seasoned Investors alike!! With 6 bedrooms spread between its 3-storeys, there are many different avenues to explore with a property like this after some TLC. List on the market after renovations as single-family home with an in-law suite, or keep this as the perfect shared student rental with incredible income potential, you simply cannot go wrong!! Located just steps away from York University campus, Finch West subway station, as well as local schools, parks, the community centre, Highways 401 & 407, and many more local amenities. The average condo townhouse in this area is selling for $662,500 right now, so for less than $600,000, you don’t want to miss out!!

We are selling our assignable purchase contract.

Closing date is Buyer’s choice!! Can be any date within the next 2 months!!

• This townhouse is built very solid, with poured concrete between each floor. This makes the unit much more sound proof and fire resistance. There is space above the drywall on each level that makes it easy to run wiring, plumbing, etc (as per Seller)
• Short walk to Finch West subway station
• 3-storey condo townhouse (as per MPAC)
• 5+1 bedrooms (4 bedrooms, as per MPAC)
  • 1 bedroom on the main floor
    • A lot of units listed for sale in this area have removed the bedroom from the main floor and made it open concept for a single-family flip
  • 2 bedrooms on the second floor
  • 2 bedrooms on the third floor
  • 1 bedroom in the basement
• 4 bathrooms (2 full bathrooms, as per MPAC)
  • Powder room with separate shower room located on the main floor
  • 4-piece bathroom located on the second floor
  • 4-piece bathroom located on the third floor
  • 3-piece bathroom in the basement
• Built in 1972
• Total living space: ~2340 sq ft (Buyer to verify)
• Above grade: 1764 sq ft (as per MPAC)
  • First floor: 576 sq ft (as per MPAC)
  • Second floor: 594 sq ft (as per MPAC)
  • Third floor: 594 sq ft (as per MPAC)
• Finished basement: ~576 sq ft (as per Seller)
  • Ceiling height of ~8 ft (Buyer to verify)
  • 1 bedroom
  • 1 full bathroom
  • Living room
  • Kitchen
  • Does not have a separate entrance
• Separate entrances:
  • Front door leading to small hallway on the main floor
  • Backyard door leading into the main floor living room
• Currently being left behind:
  • Some bedroom furniture throughout
  • 1 couch
  • 1 TV
  • All appliances
• 200 AMP breaker panel (no knob & tube, as per Seller)
  • Aluminum wiring (as per Seller)
• HE gas furnace (responsibility of the condo corp, as per Seller) 
• HWT (responsibility of the condo corp, as per Seller)
• Central AC is older (as per Seller)
• Roof and windows were replaced in the last 10 years (as per Seller)
  • Replacement is the responsibility of the condo board (as per Seller) 
• On municipal services
• 1 parking spot available in an underground garage walking distance from the unit
• Condo fees: $815/month (as per Seller)
  • Condo fees include: HWT, furnace, gas, water, parking, and exterior maintenance 
• Other amenities include:
  • Access to a gym and pool (we do not currently have a fob to gain access to this, as per Seller)
• Zoning: RM6 (as per MPAC)

PROPERTY NEEDS

• Full cosmetic update

Please click HERE for more pictures and information.