8 LEE CENTRE DRIVE
Toronto (Woburn), Ontario M1H3H8

Condo for Sale with Assumed Tenant Lease

This property is currently leased to a reliable tenant, offering a steady income stream for the new owner.

Key Features
- Assumed Lease: The buyer will assume the existing tenant lease for a period of one year.
- Monthly Rental Income: $3,600 per month, providing a consistent income stream.
- Stable Tenant: The tenant has a proven track record of timely payments and property care.

Property Details
- Location: McCowan Road and 401 East, Scarborough
- Property Type: Condominium
- Square Footage: 1375 sqft
- Amenities:
- Indoor Pool
- Hot Tub
- Sauna
- Billiard Room
- Badminton Court
- Ping Pong Area

Unit Features
- 4 Bedrooms and 3 Bathrooms
- 2 Car Side-by-Side Parking Spaces located close to elevators
- Ensuite Laundry and Hardwood Floors throughout
- Updated Kitchen with granite countertops and extra pantry
- Security Alarm installed

Additional Features
- Extras: 2 Parking, 2 Lockers, Fridge, Stove, Washer, Dryer, Built-in Dishwasher, All Window Coverings, Pot Lights, Microwave, Exhaust Fan
- Proximity: Steps to Mall, Walmart, TTC, Pharmacy, Doctor's Clinic, Restaurants, and Scarborough Town Center

Financial Details
- Annual Property Taxes: $2,499.28
- Maintenance Fees
$1,569.70 Monthly
- Maintenance Fees Include
Heat, Electricity, Water, Common Area Maintenance, Insurance


Ideal Investment Opportunity
This property offers a unique chance to acquire a condominium with a built-in income stream. Don't miss out on this opportunity to generate passive income and potentially benefit from long-term appreciation.

Contact me if you're interested in this investment opportunity.