Who’s looking for a profitable property?
End users get over $150K in instant equity on a move-in-ready freehold. Smaller townhomes are regularly selling in the high $800Ks and even low $900Ks! If fully renovated, similar-sized comps are selling well over $1M! Giving flippers a strong spread with only cosmetic work required.
The big ticket items are in great shape! The AC and Furnace are only 2 years old and the roof is only 6 years. Unlike many comps, this home has a 2 car garage, a finished full-height basement, 10 ft main-floor ceilings, and it fronts directly onto a park!
How can you profit?
1) Move In With Equity – at only $749K buyers have the chance to scoop this up $100K less than smaller comps in the area! Move into a clean, well-maintained freehold with significant equity, and long term value.
2) Easy Wholetail – Complete some minor touch-ups, clean and stage. As is condition expects resale in the $900Ks. Or, go for the full ARV with an estimated resale over $1M. Great bones and big-ticket items in good shape!
3) Buy & Hold / Future Coach House – Estimated rent for the existing home is $3,200-$3,500/month. Explore adding a coach house above the garage (similar to nearby properties) to bring in additional rental income of $1,800-$2,300/month!
SUMMARY:
– LOCATION: Markham, ON (Ninth Line & Hwy 7)
– PURCHASE PRICE: $749,900 Or Best Offer
– AFTER REPAIR VALUE: $1,000,000+
– CLOSING: August 31, 2026 (Some flexibility required. This is an assignment sale.)
– TYPE: 2 Storey Freehold Townhouse
– BEDS/BATHS: 3+1 beds/2.5 baths
– PARKING: 2-car garage + 1 driveway space
– BASEMENT: Finished, full height with approximately 7 ft 5 in ceilings
– SQFT: 1,572 – LOT: 19’ 123’
– AGE: 1998
– PROPERTY TAX: $4,132 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Light cosmetic work as desired
– Minor drywall work
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Move-in-ready condition with no major renovation required
– Big ticket items in GREAT shape! Furnace and AC approximately 2 years old, roof approximately 6 years old
– Finished full-height basement with an additional bedroom
– 10 ft main-floor ceilings and a rare 2-car garage
– Park frontage, village shops within walking distance and Cornell Bus Terminal nearby
– Future coach house potential above the garage, subject to zoning and permits
LISTING ID: 0726-MAR-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, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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