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Area : 1640 sqft
tenth line and Busato Drive located at tenth line and Busato Drive image 1
tenth line and Busato Drive located at tenth line and Busato Drive image 2
tenth line and Busato Drive located at tenth line and Busato Drive image 1

$999,000

Assignment

3 Bed

.

3 Baths

.

Townhome

.

Stouffville

Occupancy - Sep 2023

tenth line and Busato Drive

Listing Description

  • End/Corner unit townhouse, resembling a semi-detached home.
  • Located on Busato Drive, near Stoufville GO station, 10th Line, and 19th Ave.
  • Freehold property with a Partially Owned, Partly Tenant-Leased (POTL) arrangement.
  • Features 3 bedrooms, 2.5 bathrooms, and a 2-car garage.
  • Priced more affordably than resale properties.
  • Situated adjacent to the untouched wilderness of Rouge National Urban Park.
  • Nestled within the natural beauty surrounding Stouffville, in the Trailways community.
  • Anticipated occupancy in the tentative 3rd quarter of 2023, with possible delays.
  • Offers savings of over 100K compared to current builder prices for similar projects in the vicinity.
  • Consider comparing MLS sales in the area to see the built-in equity this unit provides.
  • Spans a size of 1640 square feet.
  • Requires a deposit of 60K upon offer and another 60K upon Builder consent.
  • Expected Property Owners' and Tenants' Leased (POTL) fee is approximately $109 per month.
  • Opportunity for investors/sellers to acquire properties below market value due to distress.
  • Urges potential buyers to contact for limited inventory, helping turn dreams into reality.
  • Assures assistance in connecting with proficient lawyers and mortgage agents for a seamless purchasing experience.

What is an Assignment for Sale?

An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property). The assignee is the one who ultimately completes the deal with the seller.

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Listing Advertised By

Ravi Godara

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Elixir Real Estate

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