Who’s looking for a profitable property?
This large 3-bed 1,5-bath Mississauga condo offers a large $200K spread, with renovated comps selling in the mid-$500Ks. The property has good bones and a strong reserve fund keeping the priority on cosmetics and the scope controlled.
This property was recently listed for almost $500K, and you have the chance to buy at 25% off the MLS list price! Some of the key features of this property are the 2 underground parking spaces, and the north-facing view overlooking the park and tennis courts.
With easy access to the 401, this property is also great for end users looking to buy well below market price or landlords looking for a long-term hold. Market rents for a 3-bed condo are around $2,600-$2,900/month.
How can you profit?
1) Easy Flip / Wholetail: This property has good bones and just needs a cosmetic update. Post-renovation, similar units are selling in the mid-$500Ks giving you a large $200K spread for a controlled scope project. Benefit from the north-facing view overlooking local park and green space.
2) Rental Hold: Though dated, this property can be made rentable with minimal cost and effort. Large 3-bedroom units like this are uncommon in Mississauga and rent is estimated at $2,600-$2,900/month. Buy cheap, rent it, and hold while the market recovers.
3) Move In With Equity: End users have the chance to buy this property 25% below the MLS asking price! If you don’t mind something that’s a bit of a fixer-upper and want to save big on your purchase, this one is for you!
4) Realtors Bring Your Clients: Realtors, this works for investor clients, first-time buyers, and end users who want a large 3-bed unit with 2 parking spots at a major discount. At a $350K buy price, with recent comps selling over $500K, your clients get a real equity story without needing to buy a freehold property. Add your desired commission.
SUMMARY:
– LOCATION: Mississauga, ON (Derry Rd W & Winston Churchill Blvd)
– PURCHASE PRICE: $349,900 Or Best Offer
– AFTER REPAIR VALUE: $550,000
– CLOSING: June 30, 2026. Can easily close sooner. (This is an assignment sale.)
– TYPE: Condo
– BEDS/BATHS: 3 beds/1.5 baths
– PARKING: 2 underground deeded parking spots
– BASEMENT: None
– SQFT: Approx. 1,100 sq ft.
– AGE: 1977
– CONDO FEES: $916.36 (includes water, heat, common elements maintenance, cable TV, and building insurance)
– PROPERTY TAX: $1,840 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates throughout
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Large 3-bed condo with a strong $200K spread
– North-facing view overlooking local park and green space
– 2 underground deeded parking spots plus 1 locker
– Grounds and building are well maintained and show well
– Good bones with controlled scope
– Close to 401, 403, 410, 407, Meadowvale Town Centre, shops, gyms, and schools
LISTING ID: 0526-MIS-C01
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, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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