Who’s looking for a profitable property?
Attention builders and seasoned renovators! Here’s a unique property in North Pickering (Claremont) ready for your experienced touch. Buy for $449,900, do a major reno, and sell for up to $1 Million. Or do a new build and sell for well over a million. This house is approx 1500 sq ft plus a 1000+ sq ft addition with a loft. Bring your unique ability and rebuild or convert this old property into something new. Not for the faint of heart!
– LOCATION: Claremont (North Pickering)…East of Markham, by the 407.
– PURCHASE PRICE: $449,900 Or Best Offer
– AFTER REPAIR VALUE: $900k-$1 Million if you make it nice.
– NEW BUILD VALUE: well over $1 Million
– CLOSING: August 31, 2021 (This is an assignment sale.)
– TYPE: 1.75 Storey Detached House
– BEDS/BATHS: 3 Beds/1 Bath (With huge spacious rooms and high ceilings.)
– PARKING: 2-4 spaces
– BASEMENT: Crawl space
– SQFT: 1536 sq ft plus addition (another 1000+ sq ft)
– LOT: 66′ x 146′
– AGE: 1885
RENOVATIONS NEEDED: This is a major fixer-upper and this project isn’t for everyone.
– Extensive renovations needed to both interior and exterior.
– The back addition is more like a barn and in the old days we’re told it was used to shoe horses. This will need a major transformation!
– New septic.
– Well water failed testing. (At least need $1-$2k UV treatment system.)
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
– The price!
– New roof.
– The huge upside. Compare this to other sales of old houses in the $900,000s.
– BUILDERS: Great chance to start from scratch and create a showstopper with your name on it.
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…)
Aaron Moore, Tomomi Wang & Josea Paul
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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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! Fully open!
Get $500 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA