Who’s looking for a profitable property?
This house is on a big lot in Bolton (Caledon) with lots of parking! With 4 bedrooms and 4 bathrooms, the property is in good condition and needs mostly cosmetic updates. A great opportunity for an easy fix & flip. There’s a $200-$300k spread here!
How can you profit?
1) Buy at a discount, do some minor renovations, and flip for over $1.1 million! Recent sales nearby indicate maybe even $1.2M+
2) Move in now and renovate slowly as you like.
SUMMARY:
– LOCATION: Caledon (30 minutes from Vaughan and Brampton)
– PURCHASE PRICE: $889,900 Or Best Offer
– AFTER REPAIR VALUE: over $1.1 Million, maybe over $1.2M
– CLOSING: June 21, 2021 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4 Beds/4 Baths
– PARKING: 4 in driveway, 2 in garage
– BASEMENT: Part-finished (no separate entrance)
– SQFT: 1967 sq ft
– LOT: 52′ x 112′
– AGE: 1987
RENOVATIONS NEEDED:
– Property is well kept and move-in ready, but could use a facelift.
– Kitchen and baths could use updating…or not, depending on your plans for the property.
– Might need a new roof soon.
– A.C. is old.
– Furnace and windows are around 10 years old.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– Main floor bathroom room has full walk-in shower
– Nanny suite potential! (No direct entrance)
– Small but new floating deck in backyard.
– Driveway has been done recently.
– Lots of parking.
– Situated on a quiet crescent in a sought-after neighbourhood.
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,
Aaron Moore, Tomomi Wang & Josea Paul
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Do you want to get notified of these deals before everyone else? PUSH HERE to get notified about these deals as soon as they become available.
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! No lender legal fee! Fully open!
DISCOUNT:
Get $500 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA