House for Sale: Wholesale Opportunity - Fix & Flip or Rent!

aaronmoore

Frequent Forum Member
REIN Member
Here's another low-priced fix & flip opportunity. It also has a side entrance that's good for a basement apartment. You might consider keeping this as a rental property.

SUMMARY:
- LOCATION: Cambridge (Near Elgin St N & Avenue Rd)
- PURCHASE PRICE: $409,900 Or Best Offer
- AFTER REPAIR VALUE: Mid $500s. Similar sale for $570k.
- CLOSING: March 30, 2021 (This is an assignment sale.)
- TYPE: Semi-detached, 2 Storey
- BEDS/BATHS: 3 Bed, 1 Bath
- BASEMENT: Has separate side entrance to basement.
- PARKING: 2 spots on double driveway
- SQFT: 1080 Above Grade + Basement
- LOT: 64' x 80' (Big corner lot)
- AGE: 1975

RENOVATIONS NEEDED:
- The house needs a facelift.
- Could use another bathroom or powder room.
- Some junk and furniture removal

GOOD NEWS:
- Newer windows and doors.
- A lot of people will like the big corner lot. Fully fenced.
- Just a good price with plenty of upside.

PICTURES are here: https://www.housedealsgta.ca/property/fixer-upper-houses-in-cambridge-on/
 
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