[Assignment Sale] Bartley Townhouses in North York: Market Analysis and Opportunity

Table of Contents

The real estate landscape has undergone significant shifts over the past 20 months due to sustained interest rate adjustments. While these conditions present new challenges for both buyers and sellers, they also create strategic opportunities for those who understand market volatility and establish a sound entry strategy.

1. Project Overview and Developer Profile

We are pleased to present an assignment opportunity at Bartley Townhouses, a premium development by the renowned builder, Bazis. Currently under construction, this project is slated for completion in early 2024.

2. Strategic Location and Future Infrastructure

Transit Connectivity: Strategically located within the Eglinton Crosstown LRT corridor and in close proximity to the upcoming Ontario Line, this area is poised for enhanced transit accessibility.
Neighborhood Character: The community offers a quiet, residential environment while benefiting from the significant long-term development plans for North York East.

3. Assignment Advantage and Pricing Analysis

This specific unit was secured during the initial launch in 2020, providing a distinct advantage in the current market.

Cost Competitiveness: Due to the early purchase date, this assignment represents a highly competitive cost basis compared to units released in later phases or similar current listings.
Added Value: The contract includes a Special Upgrade Package valued at $10,000, further enhancing the property’s intrinsic value.

4. Property Quick Facts

Address: 100 Bartley Dr. North York
Original Purchase Price: $999,990.00
Deposits Paid: 10% ($100,000.00)
Size: 1,574 Sqft
Tentative Occupancy: March 2024

5. Professional Guidance and Risk Management

Assignment transactions require a higher level of due diligence compared to standard resales. It is essential to evaluate the current lending environment and ensure closing capabilities prior to entering an agreement.

To receive a detailed consultation regarding the asking price and assignment procedures, please contact us directly.
Our team provides comprehensive data on both assignment and resale markets to ensure your decision aligns with your long-term financial goals.

We are committed to helping you navigate the complexities of the North York market with transparency and professional expertise.

Mike Yoon, Broker 📞 416-333-3263 📧 teamyoon.ca@gmail.com