Who’s looking for a profitable property?
Here’s a well maintained, detached house on a corner lot, within walking distance of the St. Lawrence River. It is dated, but it’s been well maintained. There’s an extra family room above the garage which could be converted into a fourth bedroom. There’s a separate entrance too, in case you had any visions for what could be done with the basement.
How can you profit?
1) Easy Fix & Flip: add some “lipstick and rouge” to the place (paint walls and cupboards, add new countertops) and sell in the summer.
2) Move In: Realtors, add some sugar for yourself first and show your clients this deal. The house is liveable as-is and they can update it slowly over time.
– LOCATION: Kingston, ON (Hwy. 15 & Rose Abbey Dr)
– PURCHASE PRICE: $679,900 Or Best Offer
– AFTER REPAIR VALUE: Similar properties are selling in the high $800s or more.
– CLOSING: June 1, 2022 (This is an assignment sale.)
– TYPE: 2 Storey Detached House (Corner Lot)
– BEDS/BATHS: 3 Beds/2.5 Baths (Can easily be 4 Beds)
– PARKING: 4 in Driveway, 1.5 in Garage
– BASEMENT: Finished (Separate entrance by the basement stairs)
– SQFT: 1884 sq. ft.
– LOT: 56′ x 100′
– AGE: 1991 (pretty new)
– PROPERTY TAX: $4739/year
– Cosmetic updates as desired.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
– Potential for 4th bedroom upstairs
– Separate entrance
– Lots of parking
– Newer furnace and roof (within last 10 years)
– Inspection report & walkthrough videos available
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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