Price
$239,000
BedroomsNot listed
Bathrooms1 Baths
Size0-499 sqft
Year Built0-5
Property TypeCondo
Property Taxes$2362.37
Maintenance Fees$291/month
This exceptional investment opportunity is tailored to cater the student population of Durham College and the Ontario Tech University, boasting an unbeatable location mere steps from both campuses. The turnkey unit is lavishly appointed with sleek furnishings, large windows for abundant natural light, including a space-saving murphy bed, versatile workspace, living area and convenient ensuite laundry. Residents can rest easy thanks to round-the-clock security monitoring, while communal amenities like fully equipped kitchens and social lounges on each floor, also state-of-the-art fitness center foster a sense of community. With building insurance covered, investors can enjoy hassle-free ownership, capitalizing on the property's vast rental potential and irresistible appeal to discerning students.
Unit Number
Unit 413
Maintenance Fee
$291/month
Inclusions
Heat
Building Insurance
Yes
Exposure
East
Locker
Not listed
Parking Type
Not listed
Pet Policy
Restricted
Property Manager
Nandan-Harris Property management INC.
Stories
4 floors
Condo Corp Number
306
Water
Not included
Hydro
Not included
Cable
Not included
Heat
Included
Parking
Not included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$191,200
Total Interest Payments
$117,887
Total Payment (Principal + Interest)
$309,087
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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