Invest in a prime Glen Abbey condo in Oakville. This high-demand area ensures strong resale and rental potential. Enjoy modern amenities like ensuite laundry and a private balcony. Benefit from easy access to highways and the Go Station, perfect for commuters. The well-managed, low-rise building offers low fees, providing excellent value without high maintenance costs. Secure your piece of Glen Abbey today and enjoy a lifestyle of convenience, comfort, and financial promise.
How can you profit?
1) Wholetail: buy for $399k, keep updates minimal, and sell around $500k but probably more…the most recent comp at $505k was in similar condition to ours (except flooring was updated). A beautiful reno would likely fetch a higher price.
2) Move In: Enjoy close to $100k off market value for an Oakville condo backing onto greenspace. Great for your first time home or someone looking to downsize!
3) Rent: Enjoy approx. $2500/month in rental income from this unit. It comes vacant…choose your own tenant!
SUMMARY:
– LOCATION: Oakville, ON (1470 Bishops Gate at Third Line and Upper Middleway Rd)
– PURCHASE PRICE: $399,900 Or Best Offer
– CURRENT MARKET VALUE: Around $500k
– CLOSING: July 6 – August 6, 2024 (Seller’s choice, with some flexibility. This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 1 Bed Plus Enclosed Den/1 Bath
– PARKING: 1 Parking Space
– SQFT: 728
– AGE: 2003
– CONDO FEES: $410/month (includes water)
– PROPERTY TAX: $1,863 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Could use cosmetic updates to kitchen, flooring, bathroom…but this property is in liveable condition and mortgageable.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Use the den as an office space or small second bedroom! It has double doors already.
– Newer 2003 build means unit is only 20 years old
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors