Who’s looking for a profitable property?
If you’re looking for a pristine palace right off the bat, this property is not for you. But if you like to add value to distressed properties and see a big return, give us a call! This 4 bedroom fixer upper townhouse is in a great location, close to QEW and walking distance to the GO Station. It’s got new HVAC and the condo board is responsible for the exterior. Keep your bucks on the inside and cash out on one of our best deals of the year!
SUMMARY:
– LOCATION: Mississauga, ON (Bromsgrove Rd & Southdown Rd)
– REDUCED PRICE: $579,900 Or Best Offer. First Come First Served.
– AFTER REPAIR VALUE:
- In 2021, units sold in the $700s and as high as $830k. The high sale of $830k was a 4 bed unit just like ours.
- In 2022, these units sold as high as the $900s and one low sale for $650k.
- Units currently listed on MLS are between $780k-900k.
– CLOSING: October 3 (This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse
– BEDS/BATHS: 4 Beds/1.5 Baths
– PARKING: 1 Garage Space, 1 Driveway Space
– BASEMENT: Finished
– SQFT: 1200-1400 range
– AGE: 1973
– CONDO FEES: $490/month (utilities not included)
– PROPERTY TAX: $2,754.74 annually
RENOVATIONS NEEDED:
– This townhouse needs lots of work and there’s been hoarding going on. Whether you choose to gut this or do extensive renos is up to you! It’s in rough shape.
– Needs new kitchen, baths, flooring, etc.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– We’ll buy your first bin!
– This unit is a larger 4-bedroom and most of the other units are smaller 3-bedrooms.
– Does it really matter whether a kitchen is clean or dirty if you’re ripping it out anyway?? There’s a big discount to take advantage of, if some scum doesn’t scare you.
– Newer A/C, furnace and hot water tank within last 2 years.
– Condo board redid siding recently.
Please let us know if you want to view it or if you want us to email you the info package.(Inspection Report, videos, 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
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