Who’s looking for a profitable property?
Big 4 bedroom end unit townhouse – like a semi! Bigger than most other homes in the area. Built less than 10 years ago with a beautiful open concept layout and breakfast area with walkout to balcony. One bedroom is on the ground floor. Damage from a fire leaves this house needing your TLC to return it to its former glory. Minutes away from Hwy 401, Costco, schools, malls, Conestoga College & much more.
How can you profit? Buy for $459k, renovate, and sell around $700k!
SUMMARY:
– LOCATION: Cambridge, ON (401 & King St)
– PURCHASE PRICE: $459,900 Or Best Offer
– AFTER REPAIR VALUE: Around $700k
– CLOSING: August 22, 2024 (May be somewhat flexible. This is an assignment sale.)
– TYPE: 3 Storey Freehold Townhouse – End Unit
– BEDS/BATHS: 4 Beds/2.5 Baths. One bed is on ground level!
– PARKING: 1 Driveway Space, 1 Garage Space
– BASEMENT: None
– SQFT: 1726
– AGE: 2018
– PROPERTY TAX: Approx $5,740/year
– POSSESSION: Vacant
– MAINTENANCE FEES: $134/month for snow, trash, lawn care. (Freehold with shared maintenance fee.)
RENOVATIONS NEEDED:
– Fire damage throughout. Most damage is on top floor where bedrooms are. Some windows and roof need attention as well.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– 4 bedrooms in a townhouse and one of the bedrooms is on the main floor. Plus it’s an end unit!
– Big spread…lots of room to do your repairs and still make money.
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 notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.