Assignment Condo for Sale
Excerpt Incredible Distress Sale at Yonge & Eglinton! Own a high-floor, south-facing suite at the iconic Line 5 Condos for a price significantly below the original purchase cost. Located at 117 Broadway Avenue on the 36th floor, this 1-bedroom residence offers the perfect entry point for investors or first-time buyers looking to secure immediate equity […]
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Incredible Distress Sale at Yonge & Eglinton! Own a high-floor, south-facing suite at the iconic Line 5 Condos for a price significantly below the original purchase cost. Located at 117 Broadway Avenue on the 36th floor, this 1-bedroom residence offers the perfect entry point for investors or first-time buyers looking to secure immediate equity in one of Toronto’s most high-demand neighborhoods.
Ideally situated at 117 Broadway Avenue, Line 5 Condos represents the pinnacle of modern urban living in the vibrant Yonge & Eglinton corridor. Residents are just steps away from the Eglinton Crosstown LRT and the Yonge Subway line, providing effortless access to the entire city. This neighborhood, known as Mount Pleasant West, is a bustling hub of gourmet dining, trendy retail boutiques, and lush parks, offering a sophisticated lifestyle that appeals to Toronto’s top professionals.
Suite 3613 is a perfectly proportioned 1-bedroom, 1-bathroom residence located on a premium high floor. With a coveted south-facing exposure, the unit is flooded with natural light and offers sweeping views of the iconic Toronto skyline. Spanning 472 square feet of intelligently designed space, the layout eliminates wasted square footage to provide a seamless living and dining experience. As a motivated distress sale, this unit is priced below the original purchase price, offering a massive discount compared to current market valuations.
In addition to the premium suite finishes, this assignment includes a locker valued at $7,500, providing essential storage space—a rare find for units of this size. Residents of Line 5 will enjoy world-class amenities, including a state-of-the-art fitness center, outdoor pool, social clubs, and innovative co-working spaces designed for the modern lifestyle. This property offers the luxury of a brand-new build with the financial benefits of a distressed assignment.
With an asking price of $680,000, this property is being sacrificed to ensure a quick sale. Buying below the original purchase price in a premier development like Line 5 is a rare strategic move that allows the incoming buyer to benefit from years of appreciation that have already occurred. Whether you are looking for a high-performing rental asset in a low-vacancy area or a chic downtown home, the value proposition here is unparalleled.
Line 5 Suite 3613 is the ultimate opportunity for a savvy buyer to acquire a high-floor luxury condo at a fraction of the cost. Between the prime 36th-floor elevation, the sun-drenched south exposure, and the distress-sale pricing, this unit stands out as the most competitive 1-bedroom listing in the area. Contact us today to secure this assignment before it is gone!
300 Richmond St W #300, Toronto, ON M5V 1X2
inquiries@Condoy.com
(416) 599-9599
We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.
