Want an easy project to finish before winter’s over?
Why buy a 2-unit for $900k when you can get this for $500ish? Walking distance to Centennial Beach & Lake Simcoe waterfront, downtown Barrie, and public transit. Many updates have already been done, and this house is liveable as-is. A small family could make a very happy home here.
Due to quick closing, we may be open to sight unseen offers. Ask us for walkthrough videos! (But we can get you in for a viewing too.)
How can you profit?
1) Fast & Easy Flip: Buy for $529,900, do some light renos, and sell in the $600s.
2) Rent It Out: Park some cash in real estate and keep this as a single family rental. Let your tenants build your equity for you.
3) Move In Now: Realtors, do you have any buyers that want to buy at a discount? Just add something on top. Your clients can upgrade what they want over time! We can provide short-term financing for your buyers. They can close with a reasonable private mortgage, then refinance after they move in.
SUMMARY:
– LOCATION: Barrie, ON (Dunlop St. & Eccles St.)
– PURCHASE PRICE: $529,900 Or Best Offer
– AFTER REPAIR VALUE: Over $600k. Another house on the street just sold for over $800k. It was a different style, but it’s a good sign.
– QUICK CLOSING: March 17, 2022 (This is an assignment sale.)
– TYPE: 2 Storey Detached House
– BEDS/BATHS: 2 Beds/1.5 Baths
– PARKING: 3 spaces
– BASEMENT: Unfinished
– SQFT: 1100-1500 sq. ft. (per prior listing)
– LOT: 33′ x 165′ (deep lot)
– AGE: 1900
– PROPERTY TAX: $2986.45/year
RENOVATIONS NEEDED:
– Roof.
– Cosmetic updates to half-bath & kitchen.
– Some other minor items. (e.g. fasten downspout, small area of loose siding, etc.) Ask for a copy of the home inspection report.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Some updating already done (new appliances, deck, paint, flooring, etc.)
– Liveable as-is.
– Deep lot.
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
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