Epic Condos For Sale - Investors Cash Flow Deal

48 / 68 Abell St. Toronto

Rare investment opportunity at Epic Condos. We have an Epic Condos assignment for sale at a very low price. The Condo for sale is a 2-bed, 2-bath unit with parking and locker. It is located on the 11th floor facing North onto Queen St West.

According to our estimates, you could make approx $500/mo. in positive cash flow on this unit. Annually, this unit can make you $5,000 – 6,000 in profits. This is an amazing amount considering most Toronto properties these days barely break even. Add in the estimated appreciation (we used 5%) and you’re looking at rapid appreciation and value building of about $15,000 or more per year.

This assignment could make you in cash and appreciation, over the first three years, an estimated amount of $24,000 in three years. In five years, you’re looking at nearly $100,000.

Where else can you get these kind of returns? Only in Real Estate. Only if you buy right.

Contact Yossi Kaplan for availability.

Unit Details:

• 2-Bed, 2-Bath
• 620 Sq ft (plus balcony)
• Parking and Locker
• 11th floor
• Facing North (Queen St West)
• Condo fees est. 330/mo.
• Taxes est. 237/mo.
• Mortgage est. 950/mo.
• Total expenses est. 1515/mo.
• Rental Income est. 2,000/mo.
• Cashflow est. 485/mo.
• Asking 355,000
• Deposit Only 10% + Pre-Approval / Financial Ability to purchase
• This is an assignment sale. The Purchaser (Assignee) will close on the unit as per builders instructions.

 

Want to see how I got the numbers? 

 

Note & Disclaimer: all numbers posted here and on this blog are always estimates. Your personal investment can be a lot more profitable, or less. It all depends on the situation. Feel free to contact Yossi with any Real Estate question, and he will respond. Thank you!