Who’s looking for a profitable property?
In this complex, EVERY sale in the past 2 years has sold at $650K or higher. Even homes that were only partially renovated. That gives you a minimum $200K spread to complete a mostly cosmetic renovation.
As a condo, you don’t have to worry about the roof, windows, or exterior maintenance, which helps keep renovation costs under control. There’s also potential to add an in-law suite / 2nd-unit thanks to the separate basement entrance.
This property is over 1,500 sqft with 3 beds and 4 total bathrooms (2 half baths). The complex is adjacent to Glen Eden Park, offering tennis courts and walking trails. You also have easy access to the 401, making it an easy resale to commuters!
How can you profit?
1) Easy Flip – Recent sales in this complex are consistently selling at or above $650K (many with only light renovations)! You have the chance to buy at only $449K, giving you a $200K spread just to update some key elements! Since it’s a condo town, most big ticket items are paid for by the condo keeping your reno costs controlled!
2) 2-Unit Conversion – The basement already has a separate front door, and it’s a walkout, allowing you to create a bright, and inviting separate living space. Though not large, the basement has the potential to be turned into a studio apartment or in-law suite.
3) Realtors: Bring Your Clients – If you have buyers looking for a great price and don’t mind a little elbow grease then this is the one for them! All recent comps sold at or above $650K, help your buyers save big on their next purchase! 2.5% co-op included.
SUMMARY:
– LOCATION: Mississauga, ON (Derry Rd W & Winston Churchill Blvd)
– PURCHASE PRICE: $449,900 Or Best Offer
– AFTER REPAIR VALUE: $650,000+
– CLOSING: September 23, 2026 (or sooner!! This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse
– BEDS/BATHS: 3 beds / 2.5 baths + basement half bath
– PARKING: 1 garage space + 1 driveway space
– BASEMENT: Finished, walkout
– SQFT: 1,502
– AGE: 1978
– PROPERTY TAX: $3,546 (2025)
– POSSESSION: Vacant
– CONDO FEES: $837/month (includes internet, water, roof, windows, and outdoor maintenance)
RENOVATIONS NEEDED:
– Full cosmetic renovation throughout
– Electrical should be updated
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
LISTING ID: 0826-MIS-F01
GOOD NEWS:
– Roof and windows covered by condo corp, keeping reno costs down
– $200k spread for a controlled scope, cosmetic project
– Rare 3 beds with 4 total bathrooms, and a walkout basement helps this unit standout
– Great location, short walk to Glen Eden Park with tennis courts and walking trails, and easy access to the 401
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.