Who’s looking for a profitable property?
Here’s a turnkey, move-in-ready semi at a great discount! Close to local college, Costco, and other amenities. Other semis in similar condition have recently sold for $620k+. Easy wholetail! Here’s something affordable you can hold onto if you like a backup plan on your flips these days.
The owner has kept the house very clean and it’s ready to rent as is. A neighbour added a small basement apartment to their house, and you could probably do the same (has a separate side entrance to basement). Or you could rent it out as 3+1 bedrooms to the local Conestoga College or University of Guelph students for $650-$900/month per room ($2600-$3600 total).
Realtors – add 5%+ on top for yourself and still bring your clients a healthy discount!
– LOCATION: Guelph, ON (Hwy 6 between Woodlawn & Wellington)
– PURCHASE PRICE: $524,900 Or Best Offer
– CURRENT MARKET VALUE: $620s or so, as-is
– CLOSING: January 31, 2023 (This is an assignment sale.)
– TYPE: 2 Storey Semi Detached
– BEDS/BATHS: 3 Bed/1 Bath
– PARKING: 2-3 spaces
– BASEMENT: Part finished with rec room, laundry and storage. It’s small, but it has a separate entrance and 6′ 10″ ceiling height. Add a 4th bedroom or small studio apartment.
– SQFT: 1006 sq. ft.
– LOT: 29′ x 130′ (approx)
– AGE: 1979
– PROPERTY TAX: Under $2800/year
– Furnace & A/C are older
– Crack in bedroom ceiling from water damage. Leak is fixed but crack wasn’t.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
– It’s in great shape!
– Significant discount off current market value, as-is. Easy wholetail!
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
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