Basically turn-key, easy wholetail!! Almost ready for end-user, house hacker or investor. This 3-bedroom townhome is in excellent condition. Main level has a bright kitchen area and an open concept living/dining room and patio. Upper level has huge master bedroom with 2 closets, 2 further bedrooms, a 4-pc bath, and laundry area. Basement is finished and has a family room, 2 pc bath and a separate walkout access. Great location, close to most conveniences, hospital, easy access to Hwy 401, school and Fanshawe College.
How can you profit?
1) Rental – With such minimal updates needed this could be rent ready in no time! Potential for an in-law suite to add extra revenue. 3-bed upper would go for around $2200/month and maybe a lower around $1200/month.
2) Move In or House Hack – Basically move in ready! Consider renting out the basement to a friend, family or a student. Has a walkout entrance to the yard. Realtors, add your desired commission on top and bring your clients!
3) Easy Flip/Wholetail – Can you pull out some lipstick and get it market ready fast? Buy for $349k, touch it up, and sell around $500k or more.
SUMMARY:
– LOCATION: Woodstock, ON (Norwich Ave & Julianna Dr.)
– PURCHASE PRICE: $349,000 Or Best Offer
– AFTER REPAIR VALUE: around $500,000 or more
– CLOSING: December 12, 2024 (This is an assignment sale.)
– TYPE: Condo Townhouse – 2 Storey
– BEDS/BATHS: 3 bed/1.5 Bath
– PARKING: 1 Driveway Space Plus 1 Car Garage (Attached)
– BASEMENT: Separate entrance from back of house. Finished with a Rec room and 2pc bath already!
– SQFT: 1,216 sqft
– AGE: 1989
– MAINTENANCE FEES: $245 per month
– PROPERTY TAX: Approx $2,555 (2023)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some minor cosmetics only!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Very little to do here!
– Multiple ways to profit on this townhouse.
– Potential to house hack and have a TINY mortgage payment.
LISTING ID: 1124-WOO-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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