Who’s looking for a profitable property?
Have you been making multiple offers on properties and losing every bid? Supply is at an all time low, and if you’ve been looking for your next house on MLS, you may be feeling discouraged. But there’s light at the end of the tunnel! If you’re willing to put some work in (or hire someone else to!), you can have this 4+2 bedroom detached house in Etobicoke at a major discount, and turn it into something beautiful for your family to enjoy. Realtors, we’d love to cooperate with you on this deal! Just add your commission on top.
How can you profit?
1) Buy your next family home at a huge discount, and renovate to suit your taste! 2 extra bedrooms in the basement (with their own kitchen and bath) make this a great house to share with your adult kids or in-laws.
2) Profitable fix and flip. Buy for $909,900, renovate, and sell between $1.1M-$1.3M.
– LOCATION: Etobicoke, ON (Martin Grove Rd. & Westhumber Blvd.)
– PURCHASE PRICE: $909,900 Or Best Offer
– CURRENT MARKET VALUE: Around $1 Million
– AFTER REPAIR VALUE: Similar renovated properties nearby recently sold between $1.1M and $1.3M
– CLOSING: February 17, 2022 (This is an assignment sale.)
– TYPE: 2 Storey Detached House
– BEDS/BATHS: 4+2 Beds/2.5 Baths
– PARKING: 3-4 spaces
– BASEMENT: Finished with 2 extra bedrooms, kitchen and bathroom. (No separate entrance. Stairway to basement is in middle of house.)
– SQFT: 1578 sq. ft.
– LOT: 54′ x 113′ (big)
– AGE: 1963
– PROPERTY TAX: $3122/year
– This house is dated, but it’s move-in ready with a few touch-ups.. You can upgrade kitchens & baths over time.
– Some drywall repair in one bedroom (caused by water damage before roof was replaced this year).
– Some drywall repair on main floor (caused by leaky tub that’s been fixed now).
– Add laundry.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
– New roof and windows this year!
– Extra kitchen, bedrooms, and bath in basement.
– Big lot and backyard.
– Very nice curb appeal.
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…)
Aaron Moore, Tomomi Wang & Josea Paul
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.