Torontonian Online Running in the fast lane! Real estate and more…
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We’re starting a new program where we will pick listings that we think are great buys based on the following criteria
1. Properties that are in a great area to be in
2. Properties that are priced at Market value (This is usually tricky in market conditions as market value keeps changing but we will try to stay current)
3. Properties that are great for investors who are looking to generate cash flow or break even on their assets
I hope you will find this service useful. I will strive to stay on top of this to keep you looking!
Property for the week:
210 Victoria Street, Suite 604, Toronto, ON
Priced at $159,900
Description:
Location! Location! Location! Pantages Tower & Hotel Residences! Steps From All Ammenities Including Eaton Center, Subway, Theatre, Shops, Ryerson, Dundas Square, Financial District, Entertainment District And Much Much More! Luxurious Suite With Wall To Wall Laminate Flooring, Ample Light Through The Large Window, Modern Kitchen With Built-In Dishwasher, Fridge, Stove, And Ensuite Laundry With Newer Appliances! Ideal For Investors For Ease
Potential income from the unit would be $14,400 per year which is a 9% cap rate
Hope this helps…
The contributing factor,
Addy Saeed
Real Estate Sales Representative
Re/max Active Realty Inc., Brokerage
Direct: 1-877-439-2339
Web: http://www.HeyAddy.com
