Who’s looking for a deal to steal?
Here’s a massive 4 bedroom home plus separate guest house, sitting on 3.5 acres, only 2 minutes from waterfront and the local Lake Scugog boat launch. Plus, it’s only 1 hour outside the city! The huge outdoor gathering area and deck are perfect for large groups to relax and destress, in between dips in the pool and hot tub. The main house is over 3000 sq. ft, with lots of natural light. And you can social distance from your spouse or kids anytime by exiling them to the guest house.
How can you profit?
1) Short Term Rental – run a lucrative AirBnB or cottage rental. Large bedrooms means lots of space for doubling up beds to maximize your head count and income.
2) Family Cottage At A Discount – have your own country spot to enjoy with your family, within 1 hour of the city. Rent it out to friends and family when you’re not there!
3) Move In Now – sidestep the wrestling matches happening over suburbian properties, and move into a massive house on acres of land for less than the price of a small GTA bungalow. Rent out the guest house for some side cash too!
SUMMARY:
– LOCATION: Kawartha Lakes, ON (Little Britain)
– PURCHASE PRICE: $829,900 Or Best Offer.
– ARV: This is a unique property, but it’s probably worth over $900k as-is. Compare with several $1M+ properties nearby.
– CLOSING: April 15-June 15, 2022 (At seller’s discretion. This is an assignment sale.)
– TYPE: 2 Storey Detached Plus 2 Storey Guest House
– BEDS/BATHS: 4 Beds/3 Baths (main house)
– PARKING: Lots! Big paved drive plus 1.5 car garage.
– BASEMENT: Part Basement, Part Crawl Space
– SQFT: 3472 sq. ft. main house; 900 sq. ft. guest house
– LOT: 3.5 acres
– AGE: 1910
– DRILLED WELL/SEPTIC (inspected annually)
– FURNACE: Oil (2 pack units that do both heating and A/C). Wood heat as well.
– PROPERTY TAX: $4455/year
RENOVATIONS NEEDED:
– Minimal cosmetic updates required. Ask us for photos and video.
– Guest house incomplete. Still needs drywall, electrical, etc.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Big house on lots of land.
– Roof 7 years old.
– Windows 5 years old.
– Whole property is fenced.
– Fiber optics.
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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