Big Discount on Profitable Flip – 4 Bedroom Townhouse Assigned

  • $629,900
  • 4 beds
  • 1.5 baths

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)
PURCHASE PRICE: $629,900 Or Best Offer
– AFTER REPAIR VALUE: Around $900k if you make it nice. In the last few weeks, some nicely updated units nearby have sold in the mid $900s. A dated (but well maintained) comp sold for $830k last month.
– CLOSING: Between Aug 3 and Oct 3 (Seller will give at least 21 days notice. 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:
– 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.
– The big spread.

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

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Price:
$629,900
Address:
Mississauga, ON
Bedrooms:
4
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Townhouse
Basement:
finished

Call (647) 557-5979 for more details