Who’s looking for a profitable property?
HUGE DISCOUNT OFF MARKET! This 4-storey condo townhouse is flooded with natural light, thanks to floor-to-ceiling windows on both sides. It features a backyard with composite deck, plus three balconies for outdoor living. The home could use some cosmetic renovations, but the potential is limitless and it’s definitely liveable as-is. The primary suite boasts stunning wraparound windows for a light-filled retreat.
Literally steps from the Ajax Waterfront, you’ll enjoy direct access to the picturesque 7-kilometer Waterfront Trail, perfect for walking, jogging, and cycling along Lake Ontario. Explore Rotary Park’s playgrounds, beach, and fishing areas, or relax at Paradise Park, known for its tennis courts and mature trees. Amazing location close to all amenities. Don’t miss this opportunity!
How can you profit?
1) Easy Flip: price has a bit of flexibility for direct buyers. Buy in the high $400s, update cosmetically, and sell in the high $600s. $200k spread for a condo is excellent!
2) Move In: Realtors, we’ll pay you 2.5% to bring us a closer. Your buyer can move in before the holidays and update slowly over time.
SUMMARY:
– LOCATION: Ajax, ON (Harwood Ave & Lake Driveway)
– PURCHASE PRICE: $499,900 Or Best Offer (Includes 2.5% Co-Op for Realtors)
– AFTER REPAIR VALUE: High $600s
– CLOSING: November 28, 2024 (Somewhat flexible. This is an assignment sale.)
– TYPE: Condo Townhouse – 4 Levels
– BEDS/BATHS: 2 beds/1.5 baths
– PARKING: 1 Garage Space, 1 Driveway Space
– BASEMENT: Garage
– SQFT: 1,247
– AGE: 1991
– CONDO FEES: Approx $930/month including water, TV & internet
– PROPERTY TAX: Approx $3,457 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, baths, flooring, paint. Lots of updates started but not complete.
– Some minor electrical updates.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Big spread & big discount in great GTA location by the lake.
– Furnace & roof have been updated in last year
– Windows are approx. 10 years old
LISTING ID: 1024-AJA-C01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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