Wholesale 2-Unit House Steps to Lake Simcoe

aaronmoore

Frequent Forum Member
REIN Member
Who wants a discounted 2-unit house that has great features and a great location?
It's a raised bungalow with high ceilings and a basement apartment. Steps to the lake, Cook's Bay, beach and marina.

SUMMARY:
- LOCATION: Innisfil (South of Barrie, North of Newmarket)
- PURCHASE PRICE: $509,900 Or Best Offer
- AFTER REPAIR VALUE: Over $600k - How high over? That depends on how nice you make it!
- CLOSING: Dec. 29 Yes, this is fast! (This is an assignment sale.)
- TYPE: Detached, Raised Bungalow
- BEDS/BATHS/KITCHENS: 3+2 Bed, 2 Bath, 2 Kitchens
- PARKING: 3-4 spots on driveway
- BASEMENT: Walk-out, separate apartment, high ceilings
- SQFT: 1209 sqft - This is big for a bungalow!
- LOT: 50' x 187'
- AGE: 1964 Built
- MUNICIPAL SEWERS (Not Septic)
- WELL WATER (Not municipal water)
- RENTS: Estimate is $3,000++ for the 2-units
- PROPERTY TAX: $3,586

RENOVATIONS NEEDED:
- The house could use a face-lift.
- Junk and furniture removal
- This is not a "legal" basement apartment and it's not up to building code.
- Windows & skylights (replace or remove)

GOOD NEWS:
- This is a spacious house and its bigger than it looks.
- Cathedral Ceilings, Skylights and some nice features.
- Two-level backyard deck.
- Basement ceilings are over 9' high.

PICTURES are here: https://www.housedealsgta.ca/property/flip-houses-for-sale-innisfil/
 
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