How can you profit?
1) Flip it! Buy for $999k, make it beautiful and sell it for $1.4M+.
2) Your next home? Buy with massive equity and renovate it to your tastes. It’s a big home on a premium lot.
3) Realtors, guide your clients to this off-market deal and add something on top for your efforts.
Nestled in a highly sought-after neighbourhood in Pickering, discover this expansive nearly 3000 sqft residence resting on a premium pie-shaped lot. Resonating with nostalgic charm akin to Grandma’s cherished home, this property has floral wallpaper and pink and mint green paint. It’s cozy, but probably not your style. Here’s your opportunity to transform this abode into a modern masterpiece, tailored to your distinct style and preferences.
SUMMARY:
– LOCATION: Pickering, ON (Kingston Rd and Brock Rd)
– PURCHASE PRICE: $999,900 Or Best Offer
– AFTER REPAIR VALUE: $1,400,000+
– CLOSING: August 1, 2024 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4+1 Beds/3.5 Baths
– PARKING: 6 Parking Spaces – 2-Car Built-In Garage
– BASEMENT: Finished – Can easily be turned into a walk-out since it’s up high relative to grade.
– SQFT: 2945
– LOT: Premium pie-shaped lot. Irregular. Per MPAC: 37 x 174 but widens to 87’ at rear.
– AGE: 1988
– PROPERTY TAX: $6,893.99/2023
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– The house is well maintained.
– Dated house. Time for a cosmetic upgrade to make it modern and beautiful. Bring your vision and creativity!
– Please view the pictures and videos for ideas on what you’d like to renovate. We have videos in the info package. More pictures are coming soon.
GOOD NEWS:
– Basement is already a basement apartment with kitchen. No separate entrance yet. An entrance is easy to add in back by replacing a large window with a door.
– Newer furnace, roof shingles, and some newer windows on the main floor.
– The long closing. In an ever-increasing market like this, consider the potential surge in value during the lengthy closing period. By simply signing the agreement now, you could be on track to capitalize on substantial gains within just a few months.
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
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