Who’s looking for a profitable property?
Located in a sought-after Markham neighborhood, this 3-bed condo townhouse is a perfect project for investors looking to add value. With a walkout basement, garage + driveway parking, and over 1,000 sq. ft. of living space, the layout has great potential. While the home needs cosmetic updates, the condo corporation covers major exterior expenses, keeping renovation costs predictable. Nearby unrenovated properties are selling in the mid $800s, making this an attractive opportunity for a strong return. How much more could you get for a renovated property?!? Vacant and ready for a quick close—who’s up for the challenge? Buy for $659k, renovate, and sell close to $900k at least.
SUMMARY:
– LOCATION: Markham (Thornhill), ON (Leslie St. and John St.)
– PURCHASE PRICE: $679,900 $659,900 Or Best Offer
– AFTER REPAIR VALUE: High $800s, maybe $900k. Unrenovated properties are selling in the mid $800s.
– CLOSING: April 15, 2025. (This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse
– BEDS/BATHS: 3 Beds/1 Bath
– PARKING: 1 Garage Space Plus 1 Driveway Space (Plus Visitor Parking)
– BASEMENT: Walkout to backyard! 8 foot ceilings.
– SQFT: 1,015
– AGE: 1972
– CONDO FEES: $543.50/month (includes water)
– PROPERTY TAX: $2,756 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some hoarding has been going on and the house is dated. Plan for cosmetic updates throughout. But it’s a condo, so don’t worry about the big ticket items!
– Electrical is fuses.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– You don’t see a $200k+ spread on a Markham townhouse too often! Here’s your chance to pick up a slam dunk.
LISTING ID: 0325-MAR-F01
Please reply to this email to request an info package.(Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Randall Reashore, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors