Who’s looking for a profitable property?
How can you profit?
1) Fix & Flip: Buy for $1.02M, renovate, and sell around $1.25M or more. The most comparable recent sale was over $1.3M.
2) House Hack. Convert the basement to a second unit and let the rental income help pay your mortgage! Live upstairs affordably with the help from the basement rent (after doing some renos throughout).
SUMMARY:
– LOCATION: Ajax, ON (Rossland Rd W & Ravenscroft Rd)
– NEW REDUCED PURCHASE PRICE: $1,020,000 Or Best Offer. Make Us An Offer!
– AFTER REPAIR VALUE: Around $1,250,000. A similar property on the street sold for $1.315M earlier this year. It was on a smaller lot and was somewhat dated.
– NEW CLOSING: October 31, 2024 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4 Beds/2.5 Baths
– PARKING: 2 Car Garage Plus 4 Driveway Spaces
– BASEMENT: Unfinished work in progress.
– SQFT: 2,604
– LOT: BIG pie lot, widens to 73’ at back. 117’ deep.
– AGE: 1992
– PROPERTY TAX: $6,531 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic renos needed throughout. (Kitchen, bathrooms, flooring, paint)
– Finish the basement or convert to second suite. All the drawings, framing and plumbing are already in progress for an accessory apartment.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Newer roof, furnace and A/C
– Great big luxurious lot!
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
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.