| Church St, Toronto,Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: September 25th, 2023
** Realtors bring us a client and add your commission on top of the purchase price**
About the Property
Check out this turnkey condo located in the desirable Rosedale neighborhood. This condo consists of 1 bedroom 1 den and 1 bath, with a footprint of 643 sqft. The condo includes 1 underground parking spot and 1 storage locker. The condo fees include water and heat, and cooling. The appliances are included in the sale of the property. This property is perfect for an investor looking for a quick wholetail deal, or a turnkey rental at a major discount!
About the Neighbourhood
This property is located in the Rosedale-Moore Park neighborhood in Toronto. The property is located just east of Yonge St and Church St and falls within the desirable Yorkville area, which is located just north of Yonge St and Bloor St E. The area provides countless amenities such as fine dining restaurants and designer boutiques. Other nearby amenities include the Eaton Center Mall, the University of Toronto, Toronto Metropolitan University, and many more. A TTC subway station is located only a 3-minute walk away from the subject property, providing easy transportation across Toronto. This property is ideal for an end user looking for a condo in the heart of Toronto, or an investor looking for a turnkey unit with great rental potential.
Property Details
- Condo unit
- 1 bedroom + 1 den
- 1 bathroom
- 643 sqft above grade
- Built in 2014
- Condo fees $537.50
- Includes water, heating, cooling, general common area maintenance
- Appliances are included
- Breaker panel
- 1 parking included
- 1 locker included
- South exposure
- 22nd floor
- Property taxes are $3627
Recommended Renovations
- The seller has the option to leave junk behind so we would recommend budgeting for junk removal
|
|
| The Numbers
We are selling our assignable purchase contract for this excellent FIX and FLIP opportunity.
- Wholesale Price: $709,999
- We believe that this property is worth $825,000 as-is on the MLS
- Purchase today for $115K BELOW MARKET VALUE
Comparable Analysis |
|
 |
- Unit 1703-825 Church St sold for $815,000 in August 2023. This property is located in the same building as the subject property, consists of 1 bed, 1 den, 1 bath, 1 parking spot, 1 locker, and is approximately 600-699 sqft. The comparable is on the 17th floor while the subject property is located on the 22nd floor. The comparable has no carpet while the subject property has carpet in the bedroom. The comparable has a NE exposure and faces train tracks while the subject property has south exposure. After adjustments, we believe the subject property would sell for a price of around $825,000 on the MLS in AS IS condition.
|
|
 |
- 1206-88 Cumberland St sold in June 2023 for $920,000. This 1 bed 1 den 1 bathroom unit is located a 2-minute drive from the subject property. The comparable is approximately 600-699 sqft as per the listing, very similar to the subject property. The comparable is located on the 12th floor, making it less superior to the subject property which is located on the 22nd floor. Unlike the subject property, the comparable has no parking or locker. The comparable has finishes that are superior to the finishes on the subject property. We believe after the floor adjustment, factoring in the included parking spot & locker that comes with the subject property, factoring in the differences in finishes the subject property would sell for a price of around $825,000 on the MLS.
|
|
| Need Financing? |
 |
|
| Looking for a construction cost estimate?
SLG Renovations will manage the construction of this project from start to finish. If you’re looking for an estimate please email info@slgrenovations.ca
View our past projects here |
|
| If You’re Interested….
Email us at info@slgpropertydeals.ca or call Jocelyn at 647-930-0291. Jocelyn can answer any questions you have and set up a time to view the property.
Please Do Not Go Directly to the Property
|
|
|
| Disclaimer: The contents of this email are for informational purposes only. We are not home inspectors or appraisers. Please ensure you do your own due diligence. |
|
|
|
