Who’s looking for a profitable property?
Located in the highly sought after, family friendly neighbourhood of Headon Forest! Buy at a big discount and flip or move in. Close to Hwy 407. 5 min drive to elementary and high schools, Millcroft Golf Club, several parks, and places of worship.
How can you profit?
1) Easy Flip: Buy for $649k, update cosmetically, and sell for $850k+. It’s a condo, so you can focus your budget on the inside.
2) Realtors, we’re paying 2.5% co-op on this deal. An end user will love it! And they’ll have enough time to get a bank mortgage.
3) Move In: Enjoy the instant equity and update to your liking over time. A good cleaning will go a long way!
SUMMARY:
– LOCATION: Burlington, ON (Walkers Line & Dundas St.)
– PURCHASE PRICE: $669,900 (Includes 2.5% Co-op for Realtors)
– DISCOUNTED DIRECT BUYER PRICE: $649,900 Or Best Offer
– AFTER REPAIR VALUE: $850K
– CLOSING: November 27, 2023 (Somewhat flexible. This is an assignment sale.)
– TYPE: 2-Storey Condominium Townhouse
– BEDS/BATHS: 3+1 Bedrooms / 2.5 +.5 Bathrooms
– PARKING: 1 driveway space, 1 garage space
– BASEMENT: Finished with open rec room, 1 bedroom, half bathroom
– SQFT: 1250
– AGE: 1991
– CONDO FEES: Approx $400-500 (utilities not included)
– PROPERTY TAX: $3100/year approx
RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, baths, flooring, paint, trim
– Remediate minor smoke smell (new paint might fix, or rent an ozone machine)
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Highly desirable neighbourhood (Headon Forest)
– Enough time to get a bank mortgage
– Lots of comps and sales in the area this year!
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
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.