Wholesale Semi Just Steps to a Subway Station

aaronmoore

Frequent Forum Member
REIN Member
Basement apartment potential! Awesome condo alternative!

You're about a 500m walk to Coxwell Station on the Danforth Subway line. This house is in good condition and it has some nice features like the back addition and the under-pinned basement with high ceilings.

-Fix & Flip opportunity
-Income property potential

Realtors, do you have any buyers that want to buy at a discount? We cooperate with realtors. This is a great opportunity for someone to buy a home with equity. A buyer can move in now and slowly renovate to their tastes.

SUMMARY:
- LOCATION: Danforth & Coxwell, Toronto
- PURCHASE PRICE: $789,900 Or Best Offer
- AFTER REPAIR VALUE: Over a million if you make it nice.
- CLOSING: May 26, 2021 (This is an assignment sale.)
- TYPE: Semi-Detached Bungalow
- BEDS/BATHS: 2+1 Bed/1 Bath (The bathroom is in the basement and you'd want to add a 2nd bathroom upstairs.)
- KITCHENS: 2
- PARKING: Street Parking by Permit and motorcycle parking on front pad.
- BASEMENT: Finished. Over 7' ceilings. Side entrance is near basement stairs and could be made into a separate entrance.
- SQFT: 800-900 sqft, 652 + an addition
- LOT: 16' x 83'
- AGE: 1939
- PROPERTY TAX: $2716.66

RENOVATIONS NEEDED:
- The house is in decent condition and it's livable. But you can update it too.
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you'd like to renovate.

GOOD NEWS:
- Exterior waterproofing was done recently all around the house.
- Washroom was renovated nicely a few years ago.
- The basement apartment potential.

PICTURES are here: https://www.housedealsgta.ca/property/condo-alternative-toronto/
 
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