Epic Condos For SaleÂ -Â 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.Â 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’reÂ looking at nearly $100,000.
Where else can youÂ get these kind of returns? Only in Real Estate. Only if you buy right.
Contact Yossi Kaplan for availability.
- 2-Bed, 2-Bath
- 620 Sq ft (plus balcony)
- Parking and Locker
- 11th floor
- Facing North (Queen St West)
- Condo fees est.Â 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?Â
Note & Disclaimer: all numbers posted here and on this blogÂ 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!