Who’s looking for a profitable property?
Buy in the coveted Burlington neighborhood of Roseland! Walk to excellent, highly sought after schools like John T Tuck and St Raphael Catholic. Short drive to QEW and big box stores.
How can you profit?
1) Flip: Buy for $950k, renovate, and sell in the $1.3-$1.4M range. New siding and better curb appeal could increase ARV closer to the $1.5M range
2) Move In: Do some renovations now, move your family in, and update the rest slowly over time. Maybe even rebuild on the super wide lot in a few years.
3) Realtors, bring your Burlington clients looking for a premium school district! We’re paying 2.5% on this deal.
SUMMARY:
– LOCATION: Burlington, ON (Lakeshore Rd & Walkers Line)
– PURCHASE PRICE: $977,700 Or Best Offer (Includes 2.5% Realtor Co-Op)
– DISCOUNTED DIRECT BUYER PRICE: $949,000 Or Best Offer
– AFTER REPAIR VALUE: $1.3M-$1.5M
– CLOSING: September 5, 2023 (This is an assignment sale.)
– TYPE: Detached Sidesplit
– BEDS/BATHS: 4 Beds/1.5 Baths
– PARKING: 1 Car Garage (Attached) Plus 1 Driveway Space. (Consider widening)
– BASEMENT: Unfinished
– SQFT: 1189 sq. ft.
– LOT: 75′ x 115′ (great frontage!)
– AGE: 1963
– PROPERTY TAX: Approx $6100/month
RENOVATIONS NEEDED:
– This house is clean but dated. It’s time for a cosmetic update (kitchen, baths, flooring, paint, etc.)
– Windows are original.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Highly sought after school district!
– 75′ double wide lot.
– Newer HE furnace installed 2020
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,
Josea Paul, Myra Afidchao, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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