$200k-$300k Spread on Cheap GTA Fixer Upper. Deep Lot = Garden Suite Potential?? Assigned

  • $547,900
  • 2 beds
  • 1 baths
  • 1000 sqft

Ready for your next fix & flip??

Walk to Costco, No Frills, LCBO, The Beer Store, and countless other retailers and restaurants. Proximity to 401 and Oshawa GO Station will make downtown commutes a breeze! Lots of potential with a 160′ deep lot and separate entrance to basement.

How can you profit?
1) Renovate & Relist: buy this property under $550k, fix it, and flip it in the high $700s or more. The neighbour sold for 835k yesterday!
2) Add A Second Suite? Yours to explore! The lot is 160′ deep with lots of room for an ADU. The basement has in-law suite potential.

SUMMARY:
– LOCATION: Oshawa, ON (Adelaide & Ritson)
– PURCHASE PRICE: $547,900 Or Best Offer
– AFTER REPAIR VALUE: $750k+ at least. But the neighbour’s house sold yesterday for a whopping $835k. It was beautifully staged and renovated. Could you be the next $800k sale on the street??
– CLOSING: March 16, 2023 with seller option to extend. (This is an assignment sale.)
– TYPE: 1 + 3/4 Storey Detached
– BEDS/BATHS: 2 Beds/1 Baths
– PARKING: Lots! 5+ spaces with good sized detached garage
– BASEMENT: Separate entrance with in-law suite potential. Part finished. Bathroom roughed in.
– SQFT: 1000 sq. ft.
– DEEP LOT: 35′ x 160′. Consider adding a garden suite to backyard in future!
– AGE: 1928
– PROPERTY TAX: $3,475/year

RENOVATIONS NEEDED:
– Needs some TLC…kitchen, baths, and other areas need updating.
– Do something nice with the basement to fetch top dollar…make a nice living area or add an in-law suite.
– Modernize the driveway.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:
– $100k under market value as is!
– Amazing $835K sold comp right next door from YESTERDAY!
– Nice deep lot for dreaming big.

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. 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.

Price:
$547,900
Address:
Oshawa, ON
Square Feet:
1000
Lot Size:
35' x 160'
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1928
Basement:
Part finished
Const. Type:
Detached

Call (647) 557-5979 for more details