Price
$228,000
BedroomsNot listed
Bathrooms1 Baths
Size0-499 sqft
Year BuiltNot listed
Property TypeCondo
Property Taxes$2291
Maintenance Fees$291/month
This exceptional turnkey investment is strategically located just steps from Durham College and Ontario Tech University, making it an ideal choice for student renters. Thoughtfully designed for modern living, the unit features sleek furnishings, large windows that invite abundant natural light, a space-saving Murphy bed, a versatile workspace, a cozy living area, and the convenience of ensuite laundry.Residents enjoy top-tier amenities, including round-the-clock security monitoring, fully equipped communal kitchens and social lounges on each floor, and a state-of-the-art fitness centerall fostering a vibrant student community. With building insurance covered, investors can benefit from hassle-free ownership while capitalizing on the property's strong rental demand and high appeal to discerning students.Don't miss this unparalleled opportunity to invest in a high-demand location!
Unit Number
Unit 329
Maintenance Fee
$291/month
Inclusions
Heat
Building Insurance
Yes
Exposure
North
Locker
Not listed
Parking Type
Not listed
Pet Policy
Restricted
Property Manager
Varsity Properties
Stories
3 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)
$182,400
Total Interest Payments
$112,461
Total Payment (Principal + Interest)
$294,861
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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