Ready for a reno project?
Turn this fixer upper into a stunner for a family (or two!) to love and enjoy! Close to the waterfront, Guild Park & Gardens, and Guildwood GO/VIA Rail station.
How can you profit?
1) Flip. Buy for $838k, renovate nicely, and sell for up to $1.2M depending on finishes.
2) Renovate this property for your own rental portfolio. Add a separate apartment in the basement, pick your own tenants, and charge top rents! Park some cash in real estate for now and sell in a few years.
SUMMARY:
– LOCATION: Scarborough, ON (Morningside & Guildwood)
– PURCHASE PRICE: $838,800 Or Best Offer
– AFTER REPAIR VALUE: Nearing $1.2M if done nicely.
– CLOSING: August 9, 2023 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 Beds/1+1 Baths
– PARKING: 2 Car Driveway Plus 1 Garage Space
– BASEMENT: Part Finished with Separate Entrance
– SQFT: 1050 sq. ft.
– LOT: 45′ x 110′
– AGE: 1960
– PROPERTY TAX: $3100/year
RENOVATIONS NEEDED:
– Roof & some windows.
– Furnace may need repair soon.
– Interior needs full cosmetic renovations, including all new appliances.
– There’s been some hoarding going on.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Separate entrance to basement.
– Great discount!
**This property must be purchased sight unseen based on photos and videos.**
Please let us know if you want to view it or if you want us to email you the info package. (Videos, Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Myra Afidchao, 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.