We’ll Co-op with Realtors!
This 2016 built property is in tip-top shape and shows beautifully. The current tenant pays under market rent, but takes astonishing care of the unit. Beautiful children’s park sits right outside doorstep. This high demand area is walking distance to banks, grocery, schools, transit, parks, and much more.
How can you profit?
1) Realtors, bring your fast cash closers and we’ll co-op! Great opportunity for first time buyers to buy with tons of built in equity. Serve the tenant appropriate notice and move in this summer.
2) Move In. Close fast for $150k instant equity! Move in after serving tenant appropriate notice.
3) Hold for Now. Buy at a big discount, hold for now, and work with the tenant over time. Collect over $2000/month after turnover. Huge upside!
SUMMARY:
– LOCATION: BRAMPTON, ON (Sandalwood & Sunny Meadow)
– PURCHASE PRICE: $417,900 Or Best Offer. May consider sight unseen offers from cash buyers.
– CURRENT MARKET VALUE: High $500s
– FAST CLOSING: April 5, 2023 (This is an assignment sale.)
– TYPE: Stacked Condo Townhouse (1 Storey Ground Floor)
– BEDS/BATHS: 1 Bed/1 Bath
– PARKING: 2 spots! 1 garage space plus 1 driveway space. Most other units only have 1 parking space.
– SQFT: 666
– AGE: 2016
– CONDO FEES: $220/month (includes water)
– PROPERTY TAX: $2500/year
– RENTAL INCOME: $1,377/month plus utilities(Market rents are $2000+/month)
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Ensuite laundry
– Extra parking spot compared to other units
– The BIG discount
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,
Aaron Moore, Tomomi Wang & Josea Paul
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors