Who’s looking for a profitable property?
This detached bungalow is a handyman special for only $339,900! At this price, you can throw the whole thing on your line of credit for quick and cheap funding…or JV with us on the deal. Near shopping, restaurants, the QEW, Hwy 406, and Twelve Mile Creek. Where else can you find a liveable detached house this cheap?
How can you profit?
1) Fix & Flip: Buy for $339,900, renovate, and sell for over $450k.
2) Renovate & Rent: At this price you can rent it out and do well.
3) Realtors: Here’s an opportunity for a client who feels strapped by their limited budget to get into the market. Add your commission on top and get them into a home this fall!
ASSIGNMENT: We’re happy to assign this contract.
JOINT VENTURE: We are open to joint venture with someone with a proven track record in renovations and construction. We can fund the project.
– LOCATION: St. Catharines (QEW & Lake St.)
– PURCHASE PRICE: $339,900 Or Best Offer
– AFTER REPAIR VALUE: Over $450k
– CLOSING: November 2, 2021 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 2 Beds/1 Bath
– PARKING: 5+ Driveway Spaces
– BASEMENT: Small Unfinished
– SQFT: 680 sq. ft. plus fair sized addition
– LOT: 35′ x 108′
– AGE: 1910
– Needs new windows and furnace.
– Updates to kitchen, bath and flooring.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
– Lots of parking.
– Extra useable space in attic (access from outside).
– Large shed on the property.
– Roof done 2011.
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…)
Aaron Moore, Tomomi Wang & Josea Paul
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. ATTENTION WHOLESALERS & INVESTORS: Did you know that we’ll buy deals from you or wholesale deals on your behalf? We split profits 60-40 with you. You get 60%.
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If you have a lead or a contract, then please push here to contact us and chat with Michael or JJ. Whether it’s a 60-40 split or $2,021, we want to pay you!
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Need Fast Financing?
Calvert Home Mortgage has the ability to finance most of the wholesale price, INCLUDING the assignment fee.
Calvert has options for buying with as low as $20k down, with rates starting at 7.99% and a 2% lender’s fee for 25% down.
No additional broker fees! No appraisal fee! Fully open!
Get $500 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA