Here’s a nice piece of property in Toronto that you can buy at a big discount!
The lot is 241 feet deep and it backs onto the Humber River. The 1200 sqft garage & workshop make this a premium property for the right buyer. Where else in Toronto do you have parking for 8-10 vehicles?
It has two kitchens, a separate entrance to the basement, and is a great setup to make a legal basement apartment.
What can you do with this property?
1) Fix & Flip
2) Rent as 3-units: 2 apartments in house, plus the 1200 sqft workshop/garage.
3) This is the perfect home for a renovator or someone with a business who needs lots of storage and parking.
Realtors, this is a great deal at either $699k or $730k. The right buyer will be happy to pay over $730k for this property and all it offers. Bring a buyer and we’ll work with you to reward you generously.
SUMMARY:
– LOCATION: Etobicoke (Islington & 401)
– PURCHASE PRICE: $699,900 Or Best Offer
– AFTER REPAIR VALUE: $850-$900k… There aren’t many 241′ ravine lots with huge workshops to compare to. But there are enough nearby sales in the mid to high $800s.
– CLOSING: August 04, 2020 (This is an assignment sale.)
– TYPE: Detached brick bungalow
– BEDS/BATHS: 3+1 bed/2 bath/2 kitchens
– SQFT: 1129 sqft up (2250 total living space)
– GARAGE: 1200 sqft detached garage/workshop
– PARKING: 8-10 cars (Probably more)
– LOT: 50′ x 241′
– AGE: 1958
RENOVATIONS NEEDED:
– It’s a dated house and it could use a facelift and maintenance.
– Needs roof, windows, driveway, AC
– Landscaping
– Junk removal
– Please look at the pictures and videos for more info.
GOOD NEWS:
– This is a unique opportunity and you don’t find a property like this every day.
– Ravine, 1200 sqft workshop, lots of parking, 50′ x 241′ lot, basement apartment, etc
Please let us know if you want to view it or if you want us to get you details. VIDEOS are coming soon, let us know if you want to see the videos. (Videos, comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore & Tomomi Wang
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.