Who’s looking for a profitable property?
Rare GTA waterfront property right at the bend of the East Branch of the Holland River. Take your boat from your backyard up to Cook’s Bay and Lake Simcoe in no time! Prime location between the 400 and the 404, less than an hour from downtown Toronto. The beautiful neighbouring property offers a vision of all that could be and it sold for $1.2 Million last year.
How can you profit?
1) Fix & Flip: Turn this dated house into a stunning riverside retreat for someone with deep pockets who wants to stay close to the city.
2) AirBnB or Vacation Rental: Capitalize on Covid by taking advantage of all the staycations people are taking instead of traveling abroad.
3) Keep Her For Yourself: Make this your home on the water! Lots of room for all your water toys. Why drive to cottage country?
SUMMARY:
– LOCATION: Holland Landing (just north of Newmarket)
– PURCHASE PRICE: $799,900 Or Best Offer
– AFTER REPAIR VALUE: Over $1.2 Million (If you make it nice like the neighbours did.)
– CLOSING: July 14, 2021 (This is an assignment sale.)
– TYPE: 2 Storey Single Family Detached
– BEDS/BATHS: 4 Bed/2 Bath
– PARKING: 6+ spaces
– BASEMENT: Finished with 6.5′-7′ ceiling
– SQFT: 1649 sq ft
– LOT: 60′ x 228′ (approx)
– AGE: 1981
– HEATING: Forced air on main floor (new rental furnace will be paid out before closing); baseboard heating on 2nd floor
RENOVATIONS NEEDED:
– This house is dated. Needs all interior updates to kitchen, baths, flooring, stairs, etc.
– Exterior landscaping. Not necessary, but you could make it really beautiful!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Backs right onto the water. Throw in a dock and bring your boat!
– Potential to add two storey deck overlooking the river.
– Block foundation with basement.
– Potential to make basement a second unit.
– Waterfront close to Toronto! Who are the boaters out there?
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,
Aaron Moore, Tomomi Wang & Josea Paul
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Do you want to get notified of these deals before everyone else? PUSH HERE to get notified about these deals as soon as they become available.
Need Fast Financing?
Calvert Home Mortgage has the ability to finance most of the wholesale price, INCLUDING the assignment fee. Also, they can fund in 24 hours.
Calvert has options for buying with as low as $20k down, with rates starting at 7.99% and a 2% lender’s fee for 25% down.
No additional broker fees! No appraisal fee! No lender legal fee! Fully open!
DISCOUNT:
Get $500 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA