Fast profit from a simple Wholetail or build a profitable luxury home in this sought after neighbourhood: what will you choose to do with this amazing property? It’s in the elegant Stonegate community and has been fully updated throughout. Any realtors, flippers, or investors looking to buy for well below market value and list onto the market WITHOUT ANY RENOS? Or build your dream home now or in the future? The choice is yours! Easy access to QEW, 427, restaurants, parks & rec, shopping, transit and more.
How can you profit?
1) Wholetail/Easy Flip: A savvy investor (or realtor) can pick this up now for $1,179,900, well below value, and get it listed for $1.3M or more all for a zero-dollar renovation budget!
2) Tear Down & Custom-Build a Home: Buy for $1,179,900, build something new, for say $1.2M construction costs, then sell (or refi!) for over $3+ Million. That’s a $620,000+ spread between your expenses and future value! Want to see comparable houses on similar lots that sold for over $3 Million? Please request an info package.
3) Realtors: add some extra on top for yourself and still bring your client a hugely discounted deal. Confident buyers only…this has a fast closing! Have any builder clients? Or a buyer who wants a beautiful bungalow at a discount?
SUMMARY:
– LOCATION: Etobicoke, ON (The Queensway & Royal York Rd – Stonegate community)
– PURCHASE PRICE: $1,179,900 Or Best Offer
– CURRENT MARKET VALUE (same as ARV): This house recently sold on MLS for $1.375M, but the buyer couldn’t close, so we got it at a discount! There are lots of UNRENOVATED properties nearby selling in the $1.3M-$1.4M range. Ours is fully renovated and beautiful and worth more than those!
– CLOSING: December 12, 2024 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 1+2 Bedrooms/1+1 Bath
– PARKING: 4 Driveway Spaces
– BASEMENT: Fully finished with bamboo hardwood flooring throughout, 2 Bedrooms, 1 bathroom and laundry area
– SQFT: 836
– LOT: 41’ x 133’
– AGE: 1949
– PROPERTY TAX: $4,742 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This property is fully renovated and turnkey! No renos required.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– MLS deal falling through = almost $200k in instant savings for you!
LISTING ID: 1124-ETO-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
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.