$200k Spread On Wholesale Fixer Upper Near Conservation Area Assigned

  • $729,900
  • 3 beds
  • 1.5 baths
  • 1235 sqft

Who’s looking for a slam dunk?

Resale potential on this house is huge! What do you think about these amazing features?!
– Conservation area just one street behind with 2.7km trail popular for hiking, mountain biking and trail running.
– BIG above grade basement windows let in LOTS of light.
– Wide 63′ lot
– Seller told us the house appraised $100k over our asking price a couple weeks ago (as is).

Buy for $729k and turn this dated house into a fresh, remarkable home that a happy family can snag for under a million dollars. Or if you make it really special, maybe $1M+!

SUMMARY:
– LOCATION: Kitchener, ON (Conestoga Pkway & Ottawa St)
– NEW PURCHASE PRICE: $729,900 Or Best Offer
– CURRENT MARKET VALUE: The rear neighbour’s fixer upper just sold for $825k this month (Before renovations. Very similar property).
– AFTER REPAIR VALUE: $950k or more, based on recent sales in April/May. Maybe even over $1M! Ask us for comps and judge for yourself.
– CLOSING: July 13, 2022 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 Beds/1.5 Baths
– PARKING: 1 Car Garage Plus 3-4 In Driveway
– BASEMENT: Part Finished
– SQFT: 1235 sq. ft.
– LOT: 63′ x 120′
– AGE: 1959
– PROPERTY TAX: $3506 in 2021

RENOVATIONS NEEDED:
– Needs new roof & windows.
– Kitchen, baths, floors, and doors need replacing too (likely original).
– Some minor parging of foundation.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.

GOOD NEWS:
– New furnace
– A/C less than 5 years old
– Great family-friendly neighbourhood. Desirable area.
– The big spread!

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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Price:
$729,900
Address:
Kitchener, ON
Square Feet:
1235
Lot Size:
63' x 120'
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1959
Basement:
Part Finished

Call (647) 557-5979 for more details