Interest rates are stabilizing and the market is heating up!
Grab a discounted “cosmetics & cleanup” project before things get wild again. Here’s a big, beautiful 4+ bedroom detached house in the Don Valley Village in Toronto. Close to 404, Fairview Mall, Seneca College, and amenities galore!
Get the kids into the highly desireable Seneca Hill Public School nearby. Students there average 95%-100% scores on standardized tests! Then reward them for a job well done by spending the summer in the inground pool in the backyard.
How can you profit?
1) Fix & Flip: buy for $1.298M, renovate, and sell around $1.5M.
2) Clean Out & Move In: Can you see past the “stuff”? Look at the ceilings instead of the floors! This house is big with lots of potential.
3) Can You Build An ADU? ADUsearch.ca indicates this property is likely suitable for building a detached ADU in future.
SUMMARY:
– LOCATION: North York, ON (Finch & 404)
– PURCHASE PRICE: $1,298,800 Or Best Offer
– AFTER REPAIR VALUE: Around $1,500,000
– CLOSING: June 12, 2023 (May be flexible. This is an assignment sale.)
– TYPE: Detached 4 Level Sidesplit
– BEDS/BATHS: 4+1 Beds/2.5+ Baths
– PARKING: 2 Car Garage Plus 4 Driveway Spaces
– BASEMENT: Part Finished with Extra Shower & Bedroom
– SQFT: 2242
– LOT: 49′ x 120′ (widens to 54′ at back)
– AGE: 1969
– PROPERTY TAX: $6313/year
RENOVATIONS NEEDED:
– Remove ballet paraphernalia (barre, mirrors, floor padding).
– Renovate kitchen and bathrooms.
– Furnace and windows are older.
– Some junk and furniture removal. Seller will take some, but some will be left behind.
– Please view the pictures and videos for ideas on what you’d like to renovate.
– Pictures make this look worse than it is! Come see for yourself. This is not a dirty hoarder house. (Needs a clean OUT more than a clean UP!)
GOOD NEWS:
– Detached ADU potential
– Great school district
– Newer roof & paint job
– Walkout to beautiful inground pool with new equipment
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