$300k Spread on Detached Fixer Upper. Profitable Flip! Assigned

  • $479,900
  • 4 beds
  • 2 baths
  • 1062 sqft

Want a fixer upper with a big $300k spread?

Here’s one for the flippers who like to turn the houses that need some love into something beautiful! Buy for $479k, renovate nicely, and sell in the high $700s. Easy access to hospital, schools, parks and shopping.

SUMMARY:
– LOCATION: Alliston, ON (Victoria St E & Boyne Crescent)
– PURCHASE PRICE: $479,900 Or Best Offer
– AFTER REPAIR VALUE: High $700s at least
– CLOSING: October 21-November 21, 2023 (At seller’s discretion with 21 days notice. This is an assignment sale.)
– TYPE: Detached Backsplit
– BEDS/BATHS: 4 Bed/2 Bath
– PARKING: 1 Car Garage Plus Double Wide Driveway (Fits 4+ Cars)
– BASEMENT: Unfinished
– SQFT: 1062 Sq. ft.
– LOT: 70’x 184′ approx
– AGE: 1986
– PROPERTY TAX: Approx $3400/year

RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, baths, flooring, paint, etc.
– Remediate smoke smell (consider an ozone machine).
– Needs new roof and windows.
– One bathroom ceiling has water damage.
– Currently has baseboard heating.
– Some appliances needed.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:
– The huge spread! Lots of extra room to play with in a rising interest rate environment.
Price point on resale is still affordable for entry level end users. A young family doesn’t have to spend a million dollars to enjoy this!

Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)

 

Thank you,
Josea Paul, Myra Afidchao, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

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Price:
$479,900
Address:
Alliston, ON
Square Feet:
1062
Lot Size:
70'x 184
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1986
Basement:
Unfinished
Const. Type:
Detached Backsplit

Call (647) 557-5979 for more details