Who’s looking for a profitable property?
This Brampton semi is on a premium corner lot and backs onto the other half of the semi making this house feel like a detached. At only $499k almost all the big-ticket items have already been addressed! Furnace 2023, AC 2021, Roof 2024, Windows around 2010.
The house already has an in-law suite set-up, complete with a basement kitchen and full bathroom. All you need to do is add an entrance! Whether you clean it up and wholetail in the $600k’s, or renovate and go for the full $750k ARV there’s money to be made on this one!
How can you profit?
1) Flip It – $250k spread for mostly cosmetic work. A comp with the same premium style corner lot sold in Jan for $748k. Maximize your resale price by adding a separate entrance to complete the basement apartment.
2) BRRRR / Value-Add Hold – Buy at $499k, update cosmetics, add a separate entrance, then rent and refinance against the $750,000 ARV. Estimated rents could be over $5k a month income with two separate units.
3) Easy Wholetail – Focus on clean, fresh presentation, and the wholetail path is very real. Smaller, dated comps are selling in the mid 600’s to low 700’s, and that’s without a basement kitchen!
4) Realtors: Bring Your Clients – Bring your landlords, house hackers, and end users (anyone who’s looking to buy with equity). Add your desired comp and let’s get you paid!
SUMMARY:
– LOCATION: Brampton, ON (Queen St E and Torbram Rd)
– PURCHASE PRICE: $499,900 Or Best Offer
– AFTER REPAIR VALUE: $750,000
– CLOSING: July 1, 2026 (There is unfortunately no ability to move the closing sooner. This is an assignment sale.)
– TYPE: 2 Storey Semi-Detached
– BEDS/BATHS: 4 beds plus basement studio apartment / 2.5 baths
– PARKING: 4 total spots on driveway or 3 spots in tandem
– BASEMENT: Finished, with 2nd kitchen and full bath, studio-style setup potential (no separate entrance currently)
– SQFT: 1,306
– LOT: 53’ x 80’
– AGE: 1969
– PROPERTY TAX: $4,358 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic refresh to make it rent-ready (floors, paint, finishing touches)
– Possible mold in attic from previous roof leak (leak since resolved)
– Add walk up to give the basement apartment a separate entrance
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Premium corner lot makes this semi feel like a detached
– Basement kitchen and full bathroom already set up for 2nd unit / in-law suite
– Basement ceiling height reported over 7ft
– Big ticket items updated!! Furnace 2023, AC 2021, Roof 2024, Windows around 2010
– Quiet, family friendly neighbourhood, walkable to public schools, ensuring top resale value
LISTING ID: 0226-BRA-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard & Tobias King
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.
PS. Email us today for your info package. Who wants to make money on this one?