Who’s looking for a profitable property?
End users and landlords get $200K+ instant equity on a 2011-built home. Realtors, bring buyers who understand tenanted possession.
Close to move-in / rent ready, no heavy renovations required on this 2011-built, 1,456 sqft, 3+1-bed condo townhouse with only $91/month in maintenance fees. The finished walk-out basement adds a private bedroom and full bathroom for higher tenant capacity or multigenerational living. Buyer would be assuming a long-term month-to-month tenant currently paying below market. Estimated market rent is approximately $2,850-$3,300/month.
How can you profit?
1) Move In With Equity / House Hack – Bargain-hunters can buy this townhome for $529K and after a light cosmetic clean up move into property with a current market value of $700-$750K! Simply enjoy the $200K+ in equity, or add a roommate to the downstairs suite to put $1,050/month towards the mortgage!
2) Easy Flip – Buy for $529K, do a cosmetic refresh and resell in a neighbourhood where even builder-grade homes are selling for $744K and up. Townhomes with upgraded kitchen and baths are selling for over $800K – pick your strategy!
3) Buy & Hold – Buy for $529K and after some cash for keys, and a light cosmetic turn over, start pulling in $2,850-$3,300/month in rental income while sitting on $200K+ of instant equity!
4) Realtors, Bring Your Clients – Both your retail and investor clients will find value in this 2011 townhouse – 2.5% Co-Op included at $545K!
SUMMARY:
– LOCATION: Brampton, ON (NW of Hwy 407 and Mavis Rd)
– PURCHASE PRICE: $545,000 (includes 2.5%+HST Co-Op)
– DIRECT BUYER DISCOUNT: $529,000 Or Best Offer
– CURRENT MARKET VALUE: $700,000 – $750,000
– AFTER REPAIR VALUE: $800,000+
– CLOSING: September 1, 2026 (Assignment sale; potential flexibility.)
– TYPE: 3-level condo townhouse
– BEDS/BATHS: 3+1 beds / 2+1 full baths + 1 half bath
– PARKING: 1 driveway space + 1 attached garage
– BASEMENT: Finished, walkout with 1 bed / 1 full bath, no separate entrance
– SQFT: 1,456
– AGE: 2011
– MAINTENANCE FEES: $91/month
– PROPERTY TAX: $5,403 (2025)
– POSSESSION: Tenanted possession, long-term month-to-month tenant
– CURRENT RENT: $2,188/month plus utilities
– POTENTIAL RENT: Estimated $2,850-$3,300/month
RENOVATIONS NEEDED:
– Move-In / Rent Ready: Cosmetic touch ups, including patch and paint, and carpet replacement
– Full ARV: cosmetic refresh of kitchen and baths
– Stains on ceiling indicate potential bathroom leak (bathroom currently unused)
– Roof, windows, and furnace are original (2011)
– Some junk and furniture removal
– Please view the pictures and videos for ideas on what you’d like to renovate.
PICTURES are here: https://www.housedealsgta.ca/property/brampton-cheap-houses-for-sale
GOOD NEWS:
– 2011-built townhouse, no structural issues
– Very low $91/month condo fee
– Finished basement with an additional bedroom and full bathroom
– New, owned air conditioner
LISTING ID: 0726-BRA-C01
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, Georgia Godfrey, Aaron Moore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors