Who’s looking for an Easy Wholetail?
You can live very comfortably in this house as-is, but some nice upgrades would give it that WOW factor. It’s nestled in a highly sought after neighbourhood in Holland Landing (north of Richmond Hill near Newmarket), just minutes from the 404. There’s a nice big backyard and deck and the street is lined with mature trees. Wholetail, move in, or convert this one to two units…the choice is yours!
GTA house prices increased slightly in August. We expect the market to improve in the fall as it usually does. Don’t miss your opportunity to buy the dip!
How can you profit?
1) Easy Wholetail: The recent sold comps in the $900k+ range weren’t fancy. Minimal renos needed to fetch that price. Make it fancy, get more $$$!
2) Move In: Realtors, add a nice fee on top for yourself and move your clients in now! There’s just enough time to get a bank mortgage on this one.
3) 2-Unit Conversion: Do what some neighbours did and turn the basement garage into more living space. Rental income for a 3+1 in the area would be in the $3500-$4000/month range.
SUMMARY:
– LOCATION: Holland Landing (north of Richmond Hill near Newmarket)
– PURCHASE PRICE: $699,900 Or Best Offer
– AFTER REPAIR VALUE: $900k+ based on summer sales.
– CLOSING: October 24, 2022 (This is an assignment sale.)
– TYPE: Raised Bungalow – Detached
– BEDS/BATHS: 3 Beds/1.5 Baths
– PARKING: 4 Driveway Spaces Plus 2 Car Basement Garage. Some neighbours have converted the garage space into additional living space.
– BASEMENT: Finished
– LOT: 55′ x 120′
– AGE: 1975
– PROPERTY TAX: Approx $3613
RENOVATIONS NEEDED:
– Cosmetic renos to flooring and bathrooms if desired.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– The nice big beautiful backyard and deck.
– Newer kitchen and stainless steel appliances.
– New steel roof.
– Newer furnace and A/C. Kept old baseboard heating as well as a backup.
Please let us know if you want to view it or if you want us to email you the info package. (Inspection Report, Videos, 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
PS. Get notified of only the deals you are interested in by telling us your areas of interest. We notify you by email based on the geography you want. PUSH HERE to get the deals you want: https://www.housedealsgta.ca/preferred-buyers/