4th Floor in Premium Condo Complex - Excellent Investment!

#402 - 10624 - 123 Street - Brisdon Manor T5N1P2 :

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$189,900
Prop. Type:
Business with Property
MLS® Num:
NEW
Status:
Sold

Comments: This super top (fourth) floor is a very generous 692.2 sq.ft. It is both an  affordable & exellent investment for the entry level investor as it comes with a Tenant in place!  Or, if you are a home-owner Buyer, you can assume the Tenant & provide them with the mandatory 90 day notice to vacate stating that you will be occupying the condo. Brisdon Manor is a newly converted Condo Project. This condo is very reasonable priced at $189,900.00. If you are an investor you can buy this unit plus # 301 & #102 if you wish three investment properties in the same complex for easier Management. See the details on upgraded #102 on the Condo Listings on this website & #301 on the Commercial Listings link.  All of the units are all very generous size units with excellent, functional floor plans. Brisdon Manor is located in the very desirable neighbourhood of Westmount, just 6 blocks North from Jasper Ave. These Units are Priced to Sell quickly. All units have a  newer stove, newer fridge, newer dishwasher & hood fan. Unit #102 has just been recently upgraded.  The 2nd, 3rd & 4th floor units feature a balcony and are sold 'as is'. There is some upgrading to these units however the Tenants have been in place therefore they could not be fully upgraded. The prices reflect the condition.  There is a Convenient Common Coin Laundry Facility. The Project shows well with many upgrades in the past few years.  The curren rent on this unit is $615.000 per month which is far below the average of $725.00 per month area average for a unit of this side. There is therefore much upside! The Tenant is on a month on month to month leases. The Buyer must assume existing Tenant. Tenants may be given Rental Increase Notices or Notices to vacate Subject to Tenant's Rights (90 day mandatory notices prior to the last day of the month) if you wish to occupy this unit.. This is an Excellent Investment opportunity. The Condo fee is $244.03 per month. Treat as Clear Title. Great Condo Complex with Super Curb Appeal. Measurements are from the Condo Plan & to be confirmed. Buy 1,2,3 or more of these desirable rental units before the prices go up! Don't' miss this opportunity. You won't be disappointed!  For Additional Information, Viewing & Availability please call Val Toffoli 780-707-9395; www.valtoffoli.com; vtoffoli@shaw.ca   

Price:
$189,900
Property Type:
Business with Property
MLS® Num:
New
Status:
Sold
Listing information last updated on April 27, 2012 at 03:50 PM (UTC)
VAL TOFFOLI
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.