Who’s looking for a profitable property?
Here’s your chance to grab a spacious 3+1-bed 2-bath two-storey condo townhouse in sought-after Oakville for only $669,900 OBO. A smart buy with roughly $200K in upside potential based on nearby sales in the $800s and $900s. Whether you freshen it up for your family or modernize for profit, this is a clean, cosmetic-only project perfect for first-time buyers or savvy wholetailers. It’s built in 2000 and mostly move-in ready as it is.
You’re minutes to schools, parks, grocery stores, and Oakville Place Mall — plus quick access to Hwy 403, QEW, and the GO Station. Enjoy quiet streets and family-friendly neighbourhood appeal with the convenience of condo living.
Inside, you’ll find a large main floor layout with living, dining, and kitchen areas ready for an easy facelift — just paint, flooring, and light fixtures to bring it up to today’s style. The three upstairs bedrooms are spacious, the basement is fully finished with full height ceilings and a bonus bedroom plus bath rough-in for future value add.
How can you profit?
1) Move In with Instant Equity – Live in a prime Oakville neighbourhood for far below market value and update over time. It was built in 2000 so it’s newer and there isn’t much that NEEDS to be done.
2) Flip it – Make it beautiful like the nearby sales for mid-$800s and over $900k and then make some money.
3) Add Basement Value – Finish the existing bath rough-in and consider adding a kitchenette for extra rental income (check local rules with the city).
SUMMARY:
– LOCATION: Oakville, ON (Grand Blvd & Eighth Line)
– PURCHASE PRICE: $ 669,900 Or Best Offer
– AFTER REPAIR VALUE: $800,000s and there are a couple nearby comps over $900k.
– CLOSING: January 6, 2025 and may be flexible (This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse
– BEDS/BATHS: 3+1 beds/ 2 bath (1 full, 1 half, 3rd rough-in for full bath in basement.)
– PARKING: 1 car attached garage + 1 car in driveway
– BASEMENT: Finished with full-height ceilings
– SQFT: 1,676
– AGE: 2000 is newer!
– CONDO FEES: $460 (includes grass cutting, snow removal and more)
– PROPERTY TAX: $3,215 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic only — replace old carpet and paint throughout, update kitchen and bath finishes as desired.
– Basement already finished with bath rough-in ready to complete.
– Seller smoked only in garage, so minimal odour inside.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Large 1,676 sq ft layout – bigger than most units in the complex
– Cosmetic only updates needed – no major repairs
– Grass cutting and snow removal included in low $460 fees
– Finished basement with bath rough-in for future income potential
LISTING ID: 1025-OAK-C01
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 & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?