What can you do with this discounted townhouse?
1) This can be an easy to manage single family rental.
2) Student rental – currently has 7 bedrooms. Owner is living there and rents rooms. Some rooms have been “hacked” into bedrooms.
3) Single Family Home – The house is in good condition and you can take down a couple walls to reduce the “student bedrooms”. You won’t find a house like this for $344,000 on MLS. This is a deal!
SUMMARY:
– LOCATION: 1133 Ritson Rd, Oshawa
– PURCHASE PRICE: $344,000 or Best Offer
– AFTER REPAIR VALUE: $390,000+ (Complex has a sale for $430,000 too.)
– CLOSING: August 04, 2020 (This is an assignment sale.)
– TYPE: 2-storey condo townhouse
– BEDS/BATHS: 3 + 2 Bed/1.5 Bath
– PARKING: 2 parking spots. 1 spot on the driveway + 1 garage.
– SQFT: 1188 sqft
– AGE: 1986 built
– PROPERTY TAX: $2700 approx
– CONDO FEES: $301.18
– RENT: Approx $1900 as single family, more for students.
RENOVATIONS NEEDED:
– You may want to remove a wall in the living room. It was added to create bedrooms for students.
– Painting
– Replace carpet
– Cleaning
VIDEOS: https://1drv.ms/u/s!AuqWmOD57pS7hKBGbT3aNCgrjCU7nQ?e=LvDdCP
GOOD NEWS:
– Nice deck in back and fully fenced yard.
– The complex and it’s management has a good reputation.
Please let us know if you want to view it or if you want us to get you details. (Comparable solds, MPAC info, and more…)
Thank you,
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.