Who’s looking for a profitable property?
Realtors, bring your buyers. This one’s priced below competing local inventory.
Walk into a minimum of $150K in equity day one! This one is a rare opportunity to buy a home in excellent condition with updated mechanicals in a desirable neighborhood at wholesale prices. With updated mechanicals, this detached Kitchener home delivers incredible value for both end users and investors. Million dollar homes surround this property in a sought-after pocket near the Grand River, Kiwanis Park, Grey Silo Golf Course, and Highway 85. No detached homes have sold in this neighborhood in the last year for less than $895K!
How can you profit?
1) Move In With Equity – Buy a detached home in immaculate condition for $699K and move into an area where higher-end detached homes can sell much higher. The updated furnace (2021), AC (2021) and roof (2014) give any buyer peace of mind. For end users, that means a newer home, no renovation headache, and a strong equity position from day one. Increase your equity overtime with a light cosmetic refresh or finish the basement.
2) Easy Wholetail – Make this one your fastest flip this year – the seller has already updated the roof (2014) furnace (2021) and AC (2021) for you! Buy for $699K, clean it up and list, or maximize your returns with cosmetic updates and upgrading the basement to hit that $1M+ list price! This desirable location does the heavy lifting instead of your contractor.
3) Realtors: Bring Your Clients – Who said you can’t have it all? Your clients won’t believe they can buy a property in such good condition, with updated mechanicals, in a desirable location for $699K! This is an easy property to understand for buyers who want a detached home without paying detached-home retail pricing. Don’t let your clients miss out. Paying realtors 2.5%!
SUMMARY:
– LOCATION: Kitchener, ON (east of Hwy 85 & University Ave. E)
– PURCHASE PRICE: $719,000 (Includes 2.5% Co-Op for Realtors)
– DISCOUNTED DIRECT BUYER PRICE: $699,000 Or Best Offer
– CURRENT MARKET VALUE: around $850,000
– AFTER REPAIR VALUE: $1,000,000
– CLOSING: August 12, 2026 (This is an assignment sale.)
– TYPE: Two-storey detached
– BEDS/BATHS: 3 Beds/2.5 Baths
– PARKING: 2-car driveway and 2-car garage
– BASEMENT: Unfinished
– SQFT: 1,865
– LOT: 55’ x 104’
– AGE: 2002
– PROPERTY TAX: $5,725 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Move-in ready, cosmetic updates to kitchen and baths optional.
– Finish basement for highest returns.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
PICTURES are here: https://www.housedealsgta.ca/property/cheap-houses-kitchener
GOOD NEWS:
– Immaculate condition and move-in ready
– Furnace (2021), AC (2021), Roof (2014)
– Cheapest neighborhood detached home sold for $895K
– Near Grand River trails, Kiwanis Park, Grey Silo Golf Course, and Conestoga Mall
LISTING ID: 0426-KIT-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 & Georgia Godfrey
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?