Great Hamilton Mountain neighbourhood with easy access to Hwy 403 and the Linc. Close to elementary and high schools, rec centre, Walmart, Costco, and more. Lots of room to add value for a profitable flip! Buy for $469k, renovate, and sell in the mid to high $600s.
SUMMARY:
– LOCATION: Hamilton, ON (Lincoln M. Alexander Pkwy and Garth St.)
– PURCHASE PRICE: $469,900 Or Best Offer
– AFTER REPAIR VALUE: Mid to high $600s
– CLOSING: March 21, 2024 (Some flexibility available. This is an assignment sale.)
– TYPE: 2 Storey Freehold Townhouse
– BEDS/BATHS: 4 Beds/1+1 Bath
– PARKING: 1 Attached Garage Space Plus 1-2 Driveway Spaces (Tandem)
– BASEMENT: Finished
– SQFT: 1187
– LOT: 20’ x 110’
– AGE: 1975
– PROPERTY TAX: $3100/year
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Update kitchen, baths, flooring, paint, etc.
– Some drywall/ceiling repair due to previous pest control remediation in early 2023
– Basement bathroom needs reworking (move electrical panel perhaps)
– Electrical is fuses
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Cheap price! For our conservative investors who love to flip $400k-$600k houses in great locations.
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, Deb Weir, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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