Wholesale Townhouse: Nice Single Family or Student Rental


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REIN Member
What can you do with this discounted townhouse?
1) This can be an easy to manage single family rental.
2) Student rental - currently has 7 bedrooms. Owner is living there and rents rooms. Some rooms have been "hacked" into bedrooms.
3) Single Family Home - The house is in good condition and you can take down a couple walls to reduce the "student bedrooms". You won't find a house like this for $344,000 on MLS. This is a deal!

- LOCATION: 1133 Ritson Rd, Oshawa
- PURCHASE PRICE: #344,000 Or Best Offer
- AFTER REPAIR VALUE: $390,000+ (Complex has a sale for $430,000 too.)
- CLOSING: August 04, 2020 (This is an assignment sale.)
- TYPE: 2-storey condo townhouse
- BEDS/BATHS: 3 + 2 Bed/1.5 Bath
- PARKING: 2 parking spots. 1 spot on the driveway + 1 garage.
- SQFT: 1188 sqft
- AGE: 1986 built
- PROPERTY TAX: $2700 approx
- CONDO FEES: $301.18
- RENT: Approx $1900 as single family, more for students.

PICTURES and more details are here: https://www.housedealsgta.ca/property/townhouses-for-sale-oshawa-ontario/