ATTENTION FIX & FLIPPERS: $140,000 Discount on Fixer Upper in Hot Area

aaronmoore

Frequent Forum Member
REIN Member
Who’s looking for an opportunity? Here’s a profitable fix & flip. Some of you might like it as a single-family rental so you can pay lower taxes on all your built-in equity. Buy for $539k, reno and sell for $680k. You have a $140k spread.

Realtors, here’s your opportunity to make a 3% commission. Wow your clients with this off-market deal. This is a hot price-point and your clients will thank you for avoiding the madness of MLS bidding wars.

SUMMARY:
- LOCATION: Brampton (Near Bovaird W & Main St N)
- PURCHASE PRICE: $539,900 Or Best Offer
- AFTER REPAIR VALUE: $680,000 (Recent sale on the street. Exact same sqft.)
- CLOSING: Oct. 16, 2020 (This is an assignment sale.)
- TYPE: Link house (Looks like a townhouse) One side is only attached at the garage.
- BEDS/BATHS: 3 bed/3 bath
- PARKING: 3 spots (2 on driveway + garage)
- SQFT: 1176 sqft
- LOT: 19.69' x 101'
- AGE: 1994 Built

RENOVATIONS NEEDED: It's time for an interior facelift.
- Updated kitchen and bathrooms would be nice.
- Junk and furniture removal.
- Please look at the pictures for more ideas.

GOOD NEWS:
- Superior to a townhouse because its a link house and not connected on one side. Which means its almost like a semi. You don't hear the neighbours on one side!
- A big discount on a house in a hot area and hot price range.

PICTURES and our contact info are here: https://www.housedealsgta.ca/property/fixer-upper-houses-for-sale-in-brampton/
 
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