Located in the desirable North End of Niagara Falls. This can be a solid flip or an easy-to-manage rental property that builds your wealth for years. Renos are cheaper with condos since you don’t need to worry about most of the exterior.
How can you profit?
1) Flip it! Buy for $349k, make it beautiful and sell it for high $400s and maybe $500k.
2) Rent it! This is an easy to manage single family property. Build your wealth one rent cheque at a time. Enjoy watching your mortgage get paid down. Buy with equity and earn long-term appreciation year by year.
SUMMARY:
– LOCATION: Niagara Falls, ON (Heritage Dr & Swayze Dr)
– PURCHASE PRICE: $349,900 Or Best Offer
– AFTER REPAIR VALUE: $450-$500k+ Comparable sales around $450k weren’t freshly renovated. And we can show you a nicely updated smaller unit that sold over $500k.
– CLOSING: August 01 to September 1, 2024; Seller’s Choice (This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse
– BEDS/BATHS: 3 Beds/1.5 Bath
– PARKING: 1 driveway spot
– BASEMENT: Finished
– SQFT: 1152 sqft
– AGE: 1975
– CONDO FEES: $440/month (Insurance, Water, Common Elements, Parking, etc)
– PROPERTY TAX: Approx $2,345/year
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– It’s dated and could use an interior facelift.
– Electrical panel is fuses.
– Please view the pictures and videos for ideas on what you’d like to renovate.GOOD NEWS:
– Newer AC.
– The low price means lower financing costs.
– Condos are just cheaper and easier to renovate.
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.