Listed as one of AirBnB’s top neighbourhoods to visit in Toronto! Walk to Walmart, Canadian Tire, and other big box stores. Lots of amenities nearby. TTC bus stop is just a few houses down. Easy access to Hwy 401 and 400.
How can you profit?
1) Fix & Flip: buy for $579k, renovate, and sell in the high $700s-mid $800s, depending on how nice you make it.
2) Move In: buy a Toronto home in the $500s, and update to your liking slowly over time. It’s already one of the top neighbourhoods for first time home buyers, and you can snag it for $150k+ under market value!
3) Realtors: we’ll pay you 2.5%. This one’s for your clients who have nearly given up on their chances to own a home in Toronto. Be their hero at the end of a long road!
SUMMARY:
– LOCATION: York/Toronto, ON (Jane St and St. Clair Ave W in the Rockcliffe-Smythe neighbourhood)
– PURCHASE PRICE: $594,900 Or Best Offer (Includes 2.5% Co-op to Realtors)
– DISCOUNTED DIRECT BUYER PRICE: $579,900 Or Best Offer
– AFTER REPAIR VALUE: Similar unrenovated properties are selling in the mid to high $700s. Nice renos are selling in the mid $800s!
– CLOSING: March 1 – April 1, 2024 (Seller’s discretion. This is an assignment sale)
– TYPE: 2 Storey Semi-Detached
– BEDS/BATHS: 2+1 Beds/1+.5 Bath
– PARKING: 1 Driveway Space Plus Permitted Street Parking
– BASEMENT: Finished with 1 Bed/Half Bath
– SQFT: 984
– LOT: 16’ x 107’
– AGE: 1916
– PROPERTY TAX: Approx $2900/year
RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, baths, flooring, paint.
– Windows, roof and furnace are all operable but on the older side.
– Minor drywall and ceiling repair.
– Electrical is fuses. Consider updating.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– Homeowners removing most of the house contents before closing.
– The low, low price of $579k for a Toronto home!
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, 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.