Who’s looking for a profitable property?
This big 4+2 bedroom house was born in the 2000s and doesn’t need much to make it beautiful! Fetch top dollar on a flip by making it more modern with easy cosmetic updates. It has a separate side entrance to basement suite with bar kitchen, 2 bedrooms, full bathroom, and 9′ ceilings. Family friendly neighborhood close to trails, schools, hospital, amenities, Little Lake & the Barrie Country Club. Directly across the street from a small park, and only 2 minutes from the 400.
How can you profit?
1) Easy Fix & Flip: cosmetic renos would easily turn this house into something stunning! Buy for $949,900, update, and sell for up to $1.3-$1.4M.
2) Move In Now: great chance to share expenses with family or friends who live in your basement. Suite is not legal but totally separate. Update the downstairs kitchen and tackle any other renos slowly over time. Realtors – add your commission on top and still bring your clients a deep discount.
– LOCATION: Barrie, ON (St Vincent St & Livingstone St)
– PURCHASE PRICE: $949,900 Or Best Offer
– AFTER REPAIR VALUE: $1.2M+. But there are several comparable sales from $1.3-$1.4M, which a beautiful reno could get you.
– CLOSING: June 1, 2022 (This is an assignment sale.)
– TYPE: 2 Storey Detached with Double Garage
– BEDS/BATHS: 4 Beds/2.5 Baths Upper, 2 Beds/1 Bath Lower
– PARKING: 4-6 spaces, including double garage
– BASEMENT: 2 bedrooms, bar kitchen, full bath (used to be an apartment). 9′ ceilings! Separate side entrance plus backyard walkout.
– SQFT: 2732 sq. ft. (big!)
– LOT: 49′ x 111′ approx
– AGE: 2004 (only 18 years old)
– PROPERTY TAX: $5600/year approx
– Paint and other cosmetic updates as desired.
– Basement kitchen needs updating.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
– Roof is 2 years new.
– Windows and A/C have also been replaced within last 10 years.
– Lots of bedrooms for extra income potential or to house your big family!
– Newer build.
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…)
Aaron Moore, Tomomi Wang & Josea Paul
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.