Whitby is hot. This price point is hot. You can’t find anything like this on MLS at this price. Here’s an easy-to-reno condo townhouse with some renos already done, a walk-out basement, and the best part… You’re getting all of this at an unbeatable discounted price!
How can you profit?
1) Flip it! Buy for $499k, make it beautiful and sell it for over $600k and possibly around $700k like another unit that was renovated. This is an easy condo flip. The condominium handles most of the exterior maintenance.
2) Calling all real estate agents! Bring your clients along! We offer a competitive 2.5% commission. This house is in the middle of renovations and a bank is UNLIKELY to lend on this. However, we know alternative lenders that will lend.
3) Move in and profit! Some renos have already been done. The upstairs bedrooms and bathrooms look great! Finish the renos and this property will be worth way more in no time.
SUMMARY:
– LOCATION: Whitby, ON (Garden St. and Dundas St. E)
– PURCHASE PRICE: $499,900 Or Best Offer
– AFTER REPAIR VALUE: Over $600k and possibly around $700,000
– CLOSING: June 27, 2024 (This is an assignment sale.)
– TYPE: Condo Townhouse
– BEDS/BATHS: 3 Beds/1.5 Baths
– PARKING: 1 spot on driveway + 1 car built-in garage (Garage has been shortened inside)
– BASEMENT: Part Finished
– SQFT: 1117
– AGE: 1975
– CONDO FEES: $416/Month (includes building insurance, parking, common elements)
– PROPERTY TAX: $2,543 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– There’s plenty to renovate. However, there are substantial renos that have already been completed.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– The upstairs has been recently renovated and the bedrooms and bathroom look fantastic.
– New garage door, newish furnace (2017)
– Custom closets throughout.
– Whitby is awesome! A lot of people want to move there. And especially at this price!
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