Assignment Condo for Sale
Excerpt Urgent Distress Sale at Line 5 Condos! This high-floor 2-bedroom, 2-bathroom suite is being offered at an aggressive price of $855,000—well below the original purchase price. Located on the 36th floor at 117 Broadway Avenue, this assignment sale presents a rare opportunity to own a piece of the Yonge & Eglinton skyline with immediate […]
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Urgent Distress Sale at Line 5 Condos! This high-floor 2-bedroom, 2-bathroom suite is being offered at an aggressive price of $855,000—well below the original purchase price. Located on the 36th floor at 117 Broadway Avenue, this assignment sale presents a rare opportunity to own a piece of the Yonge & Eglinton skyline with immediate equity potential.
Located at 117 Broadway Avenue, Line 5 Condos is situated in the heart of Mount Pleasant West, one of Toronto’s most dynamic and high-demand neighborhoods. Just steps away from the bustling Yonge & Eglinton intersection, residents enjoy seamless access to the Eglinton Crosstown LRT and the Yonge Subway line. This vibrant community is renowned for its diverse array of gourmet restaurants, trendy boutiques, and lively entertainment options, making it a top choice for young professionals and urbanites alike.
Suite 3605 is a sophisticated 2-bedroom, 2-bathroom residence perched on the 36th floor, offering breathtaking and unobstructed northern views. Spanning 628 sq.ft. of efficiently designed living space, the unit features a modern open-concept layout that maximizes every inch. As a motivated distress sale, the property is priced significantly below the original contract price, offering a buyer a unique entry point into a luxury building at a fraction of the market cost.
Line 5 is designed to reflect the energy of the city, offering residents a lifestyle focused on convenience and high-end amenities. The building features an innovative social club, a dedicated co-working space, a state-of-the-art fitness center, and stunning outdoor terraces with pool and BBQ areas. This suite provides a perfect balance of private comfort and social connectivity, tailored for the modern Toronto lifestyle.
At an asking price of $855,000, this unit represents incredible value for a high-floor 2-bedroom suite in a premier Toronto development. Breaking down to approximately $1,361 per square foot for a 36th-floor unit, this price is extremely competitive for the Yonge and Eglinton corridor. With the seller highly motivated to assign this unit below their original investment cost, this is an ideal chance for a savvy investor or end-user to capitalize on a distressed market situation.
Line 5 Suite 3605 offers the rare combination of luxury, height, and value. Whether you are looking for a high-performing rental asset or a modern home in the sky, this distress sale is a standout opportunity that won’t last long. With its prime 36th-floor position and a price point designed for a quick sale, now is the time to secure your future in one of Toronto’s most iconic new developments. Contact us today for more details on this assignment.
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.