šŸ”„$100k Price Drop! Fast & Easy Flip for $589k. Or Move In With $200K Equity Assigned

  • $589,900
  • 3 beds
  • 2.5+1 baths
  • 1,252 sqft

Who’s looking for a profitable property?

Snag this Newmarket condo townhouse for just $589K OR LESS with an ARV in the mid-$800s—that’s 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.

You’re getting a vacant 3-bed, 3.5-bath layout with a finished basement, attached garage, and private driveway. No tenants, no structural headaches—just clear out the contents, refresh the kitchen, baths, paint, and flooring, and you’re 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 one’s built for margin and equity.

How can you profit?
1) Move In with Equity – Buy under market value and make it your own. Realtors…we’ll pay you 4% to bring us a cash-heavy buyer!
2) Fix & Flip – $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 – 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 – 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 don’t 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 more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – 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?

Price:
$589,900
Address:
Newmarket, ON
Square Feet:
1,252
Bedrooms:
3
Bathrooms:
2.5+1
Terms:
Assignment of Contract
Property Type:
Condo
Year Built:
1998
Basement:
Finished with 1 full bathroom
Const. Type:
2 Storey Condo Townhouse

Call (647) 557-5979 for more details