This detached home in Mississauga has incredible potential for a flip or a family looking for bonus rental income! Located near Erin Mills Pkwy & Britannia Rd, it’s close to top-rated schools, parks, highways, and shopping. The finished basement with a separate entrance, second kitchen, and bath makes it perfect for intergenerational living or extra rental income. Flippers can unlock major equity with a full renovation. Buy for $799k, renovate, and sell in the $1.1-$1.2M range. After repairs, end users will love the options they’ll get with the bonus basement apartment!
SUMMARY:
– LOCATION: Mississauga, ON (Erin Mills Pkwy & Britannia Rd)
– PURCHASE PRICE: $799,900 Or Best Offer
– AFTER REPAIR VALUE: Likely in the $1.1M-$1.2M range. Not much sells under $1.1M in the neighbourhood! Plus, this will have the added value of a basement apartment.
– CLOSING: April 16, 2025 (Or sooner if you can! This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3+1 Beds/1.5+1 Baths
– PARKING: 2 spaces on driveway. Plus 1 car attached garage.
– BASEMENT: Separate entrance to in-law suite (1 bed/1 bath/1 kitchen)
– SQFT: 1,343
– LOT: 50’ x 120’
– AGE: 1972
– PROPERTY TAX: $5,632 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– It’s time for new everything. Consider this a true fixer upper! It’s dirty and dated, and the big ticket items are overdue too.
– Some mould in the ceiling of one bedroom from a roof leak.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Great spread in prime GTA location…less worry about your listing sitting on the market when it’s resale time!
– Income potential for you or your buyers with a separate entrance and second kitchen
LISTING ID: 0325-MIS-F01
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 & Randall Reashore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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