Who’s looking for a profitable property?
If you’re searching for brampton-cheap-houses-for-sale, this 2011-built townhome offers end users and landlords $200K+ in instant equity. 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.
For buyers comparing brampton-cheap-houses-for-sale, this property stands out for its newer construction, low monthly fees, finished basement and substantial gap between the purchase price and current market value.
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 a 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 kitchens and baths are selling for over $800K. For buyers actively looking at brampton-cheap-houses-for-sale, the combination of a low entry price and cosmetic renovation potential creates multiple exit strategies.
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, northwest of Highway 407 ETR and Mavis Road
– 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
– Buyers researching brampton-cheap-houses-for-sale get a newer-built option with significant existing equity and only light cosmetic work required
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