Best Deal Yet for 2023!
Separate entrance to 1 bedroom in-law suite in basement. Great Erin Mills location close to 407, 403, and QEW. Walking distance to public and Catholic elementary schools. Minutes to big box stores like Costco, Home Depot, Canadian Tire, etc.
How can you profit?
1) Realtors…got clients looking to move into a supremely discounted new family home? If they’ve got cash or BIG down payments, we’ll pay you 2.5% on this deal.
2) Easy Flip. Basic cosmetic renos will take this property well into the $1.5Ms. A nice job is likely to get you $1.6M or more.
3) Fast Wholetail. Keep renos super minimal and still enjoy a very profitable flip. After a small cleanup, this property would likely sell somewhere in the $1.3s as-is.
SUMMARY:
– LOCATION: Mississauga, ON (Winston Churchill & Dundas)
– PURCHASE PRICE: $1.2M Or Best Offer
– AFTER REPAIR VALUE: $1.5M-$1.6M
– CLOSING: August 26 – September 26, 2023 (Seller will chooose. This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4+1 Beds/2.5+1 Baths
– PARKING: 2 Car Garage Plus 4 Driveway Spots
– BASEMENT: Part Finished with 1 Bedroom Basement Apartment and Separate Entrance (Not Yet Legal)
– SQFT: 2316 sq. ft.
– LOT: 40′ x 116′
– AGE: 1991
– PROPERTY TAX: Around $6000/year
RENOVATIONS NEEDED:
– This house is move-in ready after a few minor touch ups like painting and a cleaning.
– If you want to do a nice flip, you’ll probably want to update kitchen, baths, flooring, paint, etc…the regular lipstick and rouge.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Roof is 3 years new
– House is 1991 built (newer)
– In law suite in basement opens up more opportunities for families looking to upgrade into the $1M+ market
Please let us know if you want to view it or if you want us to email you the info package. (More photos, comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Myra Afidchao, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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