This large bungalow on a spacious quarter-acre lot in the desirable Erindale Village presents a prime opportunity for investors. While the home is in need of repairs, its excellent location and generous lot size offer great potential for renovation or redevelopment. The property is situated close to Erindale Park, Credit River, U of T Mississauga, and major amenities, making it a highly attractive investment opportunity.
Do you enjoy turning fixer-uppers into gems? Buy for $968,800, renovate, and sell for $1.2M++.
SUMMARY:
– LOCATION: Mississauga, ON (Dundas St & Mississauga Rd)
– NEW REDUCED PURCHASE PRICE: $968,800 Or Best Offer. Come and see! Walkthrough Wednesday.
– AFTER REPAIR VALUE: Comparable properties with finished basements are currently selling in the $1.3M to $1.45M+ range. However, since this property features a crawl space instead of a finished basement, please adjust your ARV target accordingly.
– CLOSING: March 13, 2025 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 beds/2 full baths
– PARKING: 4 Driveway Spaces
– BASEMENT: Crawl Space
– SQFT: 1,694
– LOT: Huge ¼ acre corner lot (66’ x 165’)
– AGE: 1955
– PROPERTY TAX: $7,194 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates required (kitchen, baths, paint, scrub down).
– Electrical is fuses.
– Expect to handle some puppy pee.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Prime location! Close to Erindale Park, Credit River, U of T Mississauga, and major amenities.
– Spacious corner lot.
– Huge upside potential.
LISTING ID: 0125-MIS-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Randall Reashore, Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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