- Finish the 3rd Floor Attic: Create a cozy loft and transform this into a 4-Bed/3-Bath home.
- Boost Square Footage: Expand the living space with ease—stairs and windows are already in the attic!
- Charming Details: Features impressive character wood trim throughout.
- Ready for Renovation: Dated but livable and mortgageable, perfect for your next project.
- Prime Location: Nestled on the Kitchener-Waterloo border, enjoy the best of both worlds.
- Ideal Locale: Situated in the heart of Kitchener’s vibrant downtown, close to LRT, Uptown Waterloo, Google, top schools, and all essential amenities.
- Spacious Lot: Enjoy a deep 166’ lot, providing ample space for outdoor activities or future expansions.
How can you profit?
1) Flip it! Buy for $549k, make it beautiful and sell it for $750k and maybe $800k+.
2) Calling all realtors! Bring your clients along! This property requires some sprucing up and cosmetic renovations but is otherwise move-in ready and eligible for bank financing. We’re offering a competitive 2.5% commission on this one.
SUMMARY:
– LOCATION: Kitchener, ON (Wellington St. N & Weber St. W)
– PURCHASE PRICE: $549,000 Or Best Offer
– AFTER REPAIR VALUE: $750k+ and likely over $800k if you make the 3rd floor loft beautiful.
– CLOSING: July 26, 2024, with some flexibility (This is an assignment sale.)
– TYPE: Detached 2.5 Storey
– BEDS/BATHS: 3 Beds/2 Baths
– PARKING: 2 car parking
– BASEMENT: Finished. Separate entrance. 81” ceiling with some lower ducts, full bath, laundry, furnace room, rec room and storage.
– SQFT: 1344
– LOT: 41’ x 166’ – Nice & Deep!
– AGE: 1918
– PROPERTY TAX: $3,588 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– It could use some renos, but its livable and mortgageable.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– The deep lot.
– The attic that is ready to be converted into a chill loft.
– The prime location that gives easy access to the best of Kitchener and Waterloo.
– Metal roof, Furnace and AC are new, some new windows and exterior doors
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.