Fast Flip on 4 Bed House with Granny Suite Potential Available

  • $629,900
  • 4 beds
  • 2 baths
  • 1900 sqft

Who’s looking for a profitable property?

Here’s a 4 bedroom brick house on a corner lot, less than 20 minutes from both Kitchener and Cambridge. If you like lots of extra living space, finish the basement for a big recroom and build a separate granny suite on the property where the old garage is. Or, keep the in-laws at the main house in a beautiful basement suite and rebuild the old garage into a spiffy new one…maybe even a glorious man cave! Big ticket items like furnace, windows and roof all redone within last 5 years.

How can you profit?
1) Fast & Easy Flip – clean up the yard, do a lipstick reno inside, and profitably flip this house quickly.
2) Move In Now – update slowly to your liking over time. Realtors – add your commission on top and get your clients a great discounted property!

SUMMARY:
– LOCATION: Bright, ON (20 minutes from Kitchener and Cambridge)
– PURCHASE PRICE: $629,900 Or Best Offer
– AFTER REPAIR VALUE: High $700s as a single family home…more if you add a second unit.
– CLOSING: November 3, 2021 (This is an assignment sale.)
– TYPE: Detached Brick House (2 Storey)
– BEDS/BATHS: 4 Beds/2 Baths
– PARKING: 3 Spaces
– BASEMENT: Big & Unfinished with High Ceilings
– GARAGE: Large Detached (Great footprint for building a secondary suite on existing foundation!)
– SQFT: 1900 sq. ft.
– LOT: 132’x 132′
– AGE: 1987

RENOVATIONS NEEDED:
– Soffit & fascia work.
– Some interior updates started but not completed (e.g. flooring)
– Landscaping/yard cleanup.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.

GOOD NEWS:
– Potential to add a second suite on the property.
– Newer furnace, windows, and roof (all under 5 years old).
– Liveable as-is! If you move in, just renovate slowly over time.

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,
Aaron Moore, Tomomi Wang & Josea Paul
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

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Need Fast Financing?

Calvert Home Mortgage has the ability to finance most of the wholesale price, INCLUDING the assignment fee.
Calvert has options for buying with as low as $20k down, with rates starting at 7.99% and a 2% lender’s fee for 25% down.
No additional broker fees! No appraisal fee! Fully open!

DISCOUNT:

Get $500 off the lender’s fee from Calvert Mortgages if you let them know that you heard about them through House Deals GTA

Price:
$629,900
Address:
Bright, ON
Square Feet:
1900
Lot Size:
132'x 132'
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1987
Basement:
Big & Unfinished with High Ceilings

Call (647) 557-5979 for more details