11% Cap Rate Turn-Key Fully Furnished Home, With A Profitable Airbnb Business! Assigned

  • $844,900
  • 4 beds
  • 1.5 baths
  • 1558 sqft

Who’s looking for a profitable property?

This is the property you have been waiting for! Buy the property and get a business with it! This Stunning Century Home, just minutes from Katchewanooka Lake, has been completely renovated from top to bottom. It features gorgeous hardwood flooring, sleek quartz countertops, and an array of pot lights both inside and out. With 4 separate entrances the possibilities are endless. The property comes with all furniture, appliances, and accessories.

Step into the huge eat-in kitchen, which boasts a walkout to an entertainer’s dream patio. This patio leads to an oasis featuring an in-ground heated pool, a luxurious hot tub, a meticulously crafted built-in Tiki Bar, and a privately fenced yard – all designed for your ultimate enjoyment and relaxation.

The property boasts a host of recent upgrades of over 300k! All completed with the necessary permits: a new roof, windows, siding, gutters, and even flagstone walkways. The electrical system has been completely modernized with a 200 amp panel and copper wiring, while the plumbing has also been thoughtfully updated. Every detail has been attended to, ensuring that this home is truly move-in ready.

But that’s not all – this property has an additional facet that makes it even more enticing. Currently operating as a highly profitable Airbnb, it generates an impressive income of $497 per night. The fortunate buyer of this home has the unique opportunity to seamlessly take over this fully operational Airbnb business. You can choose to retain the existing management arrangement or opt to run it yourself, allowing you to tap into a proven revenue stream from day one.

The prestigious Lakefield College is just minutes away, adding to the allure of this exceptional property. Don’t miss out on this once-in-a-lifetime chance to own a turnkey, fully upgraded home with the added option to step into an incredibly lucrative Airbnb venture.

Extras: The property comes complete with a pool bar featuring power, a versatile bunky (auxiliary shed), a comprehensive security system, a charming cedar front porch area, and recent updates including air conditioning servicing in 2023, a new furnace in 2022, soffits, front door replacement, and a roof upgrade in 2023. For your peace of mind, a list of relevant permits and details is available upon request.

How can you profit?
1) Move in with built in equity.
2) Continue operating the fully turnkey Airbnb business that brings in almost $500 PER NIGHT! All furnishings are included.
3) Buy and rent it out for long term income.
4) Realtors, bring a client! Add any commission you like on top of our list price. This house is turnkey.

SUMMARY:
– LOCATION: Harcourt, ON (15km north of Peterborough)
– PURCHASE PRICE: $844,900 Or Best Offer
– AFTER REPAIR VALUE: Appraised at $905,000!
– CLOSING: September 15, 2023 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4 Beds/1.5 Bath
– PARKING: 3 Driveway Spaces
– BASEMENT: Partially finished, fully furnished.
– SQFT: 1558 sq. ft.
– LOT: 50′ x 131′
– AGE: 1886
– PROPERTY TAX: Approx $1800/year

RENOVATIONS NEEDED:
– None!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:
– ALL furnishings are included
– On municipal services (water and sewer)
– Fully operational Airbnb
– Buy and earn turnkey!

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, Myra Afidchao, 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.

 

Price:
$844,900
Address:
Harcourt, ON
Square Feet:
1558
Lot Size:
50' x 131'
Bedrooms:
4
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1886
Basement:
None
Const. Type:
2 Storey Detached

Call (647) 557-5979 for more details