Skip the Heat Wave and Do A Fall Flip Instead!
Great location on the Guildwood/Scarborough Village border! Walking distance to the lake, and close to Guild Park & Gardens, Scarborough Golf & Country Club, GO Station, and TTC.
How can you profit?
1) Easy Flip: buy for $525k, do some basic cosmetic updates, and sell in the $620s or more. Great opportunity for a realtor flipper! A similar property just listed for $650k on MLS.
2) Move In: this house is dated, but if you’re not bothered by old cabinets, move in! Enjoy the built-in equity in a great area of Scarborough and renovate slowly to suit your tastes.
SUMMARY:
– LOCATION: Scarborough, ON (Kingston Rd & Eglinton Ave)
– PURCHASE PRICE: $524,900 Or Best Offer
– AFTER REPAIR VALUE: $620s or more
– CLOSING: September 5 – October 5, 2023 (At seller’s discretion. This is an assignment sale.)
– TYPE: 2 Storey Stacked Townhouse
– BEDS/BATHS: 3 Beds/1.5 Baths
– PARKING: 1 Indoor Space
– SQFT: 1360 sq. ft.
– AGE: 1977
– CONDO FEES: $710.52/month includes water
– PROPERTY TAX: Approx $1300/year
– HEATING: Electric Baseboard
RENOVATIONS NEEDED:
– Cosmetic updates required. Update kitchen, baths, flooring, wash/paint the walls.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Some main floor flooring is newer.
– It’s a condo…leave the big buck stuff to the condo board! Focus on cosmetic renos only.
– Longer closing means lots of time to get a bank mortgage.
Please let us know if you want to view it or if you want us to email you the info package. (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 immediate access to these discounted deals as soon as they are available.