Who wants an easy flip opportunity?
This townhouse is walking distance to the waterfront and close to the 401, TTC, GO station and schools in the highly coveted West Rouge neighborhood. The backyard patio is perfectly private and backs onto greenspace. And it’s a condo, so you can leave exterior renos out of your budget.
Realtors, do you have any buyers that want to buy at a discount? We cooperate with realtors. This is a great opportunity for someone to buy a home with equity. A buyer can move in now and slowly renovate to their tastes.
How can you profit?
1) Flip It…buy at a big discount, update just the interior (it’s a condo!), and sell for over $700k.
2) Move In Now…take your time renovating to your liking.
SUMMARY:
– LOCATION: Scarborough, ON (Centennial Rd & Lawrence Ave E)
– PURCHASE PRICE: $559,900 Or Best Offer
– AFTER REPAIR VALUE: Compare with a recent sale of a similar updated unit in the same complex over $700k
– CLOSING: December 1, 2021 (This is an assignment sale.)
– TYPE: Condo Townhouse (2 Storey)
– BEDS/BATHS: 3 Beds/1.5 Baths
– PARKING: 1 Garage Space, 2 Driveway Spaces
– BASEMENT: Part Finished
– SQFT: 1152 sq. ft.
– AGE: 1971
– PROPERTY TAX: $1680/year
– CONDO FEES: $465/month (includes water, cable TV, building insurance, parking, common elements)
RENOVATIONS NEEDED:
– Complete transition from baseboard heating to gas (already started). Or just reinstall baseboard heating to keep it cheap.
– Cosmetic updates to kitchen, bathroom, flooring. It’s time for a face-lift!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Easy fix & flip.
– New patio door to yard.
– Newer fencing.
– New roof.
– Condo board installing new stairs soon. Leave the rest of the exterior work for them too!
– Close to 401 and GO Train.
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
PS. ATTENTION WHOLESALERS & INVESTORS: Did you know that we’ll buy deals from you or wholesale deals on your behalf? We split profits 60-40 with you. You get 60%.
We also pay $2,021 for all successful leads. Just give us the address and we’ll do the rest. Press here for details about our referral fee.
If you have a lead or a contract, then please push here to contact us and chat with Michael or JJ. Whether it’s a 60-40 split or $2,021, we want to pay you!
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Need Fast Financing?
Calvert Home Mortgage has the ability to finance most of the wholesale price, INCLUDING the assignment fee.
Calvert has options for buying with as low as $20k down, with rates starting at 7.99% and a 2% lender’s fee for 25% down.
No additional broker fees! No appraisal fee! Fully open!
DISCOUNT:
Get $500 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA