Who’s looking for a profitable property?
Snag this Newmarket condo townhouse for just $589K OR LESS with an ARV in the mid-$800sāthatās a huge potential spread on a clean, cosmetic-only flip. Minutes from Hwy 404, top schools, and major retail, this unit checks all the boxes for a fast turnaround.
Youāre getting a vacant 3-bed, 3.5-bath layout with a finished basement, attached garage, and private driveway. No tenants, no structural headachesājust clear out the contents, refresh the kitchen, baths, paint, and flooring, and youāre back on market.
Big-ticket items like the roof and windows are handled by the condo corp, so you can focus purely on value-add updates. Whether you flip, wholetail, or move in, this oneās built for margin and equity.
How can you profit?
1) Move In with Equity ā Buy under market value and make it your own. Realtorsā¦weāll pay you 4% to bring us a cash-heavy buyer!
2) Fix & FlipĀ āĀ $300K+ spread on a fast cosmetic renoĀ in a high-demand area. Buy in the mid $500s, renovate, and sell in the mid $800s.Ā Ask us about our discounted flipper pricing.
3) Easy Wholetail ā Clean it out, touch up the cosmetics, and relist to retail buyers.
SUMMARY:
– LOCATION: Newmarket, ON (Mulock Dr & College Manor Dr)
– PURCHASE PRICE: $689,900Ā $589,900 Or Best Offer (Includes Whopping 4% Co-op for Realtors)
– CURRENT MARKET VALUE: Mid to high $700s
– AFTER REPAIR VALUE: Mid $800s
– CLOSING: October 1, 2025 (Might be flexible. This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse (End Unit ā Like a Semi!)
– BEDS/BATHS: 3 beds/2.5+1 bath
– PARKING: 1 space on driveway plus 1 car attached garage
– BASEMENT: Finished with 1 full bathroom
– SQFT: 1,252
– AGE: 1998
– CONDO FEES: $480/month
– PROPERTY TAX: $3,237 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, bathrooms, flooring, and paint.
– The front bedroom windows donāt open.
– Dishwasher needs attention.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Big spread on an easy peasy cosmetic reno
– Family-friendly layout in a high-demand location
LISTING ID: 0625-NEW-C01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and moreā¦)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard
647-557-5979
www.HouseDealsGTA.ca ā Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?