2 Storey Condo Townhouse in Barrie! Assigned

  • $309,999

About the Property

Looking for a low priced cookie cutter renovation project in Barrie? Look no further! This 2 storey condo townhouse is in need of a cosmetic renovation to bring the property back to its glory. The property consists of 3 bedrooms, 1.5 bathrooms and is approximately 1082 sqft. The interior is very dated throughout and the property is a smokers house as well. While the utilities are quite dated, the exterior is covered by the condo corporation, saving an investor a costly job. This property is perfect for an experienced or beginner investor looking for a great fix and flip opportunity!

Property Details

  • 2 Storey Condo Townhouse
  • 3 bedrooms
  • 2 bathrooms
    • 1 full bathroom
    • 1 half bathroom in the basement
  • 1082 sqft above grade
  • 553 sqft below grade
  • 1 car attached garage
  • Built in 1974
  • Condo fees $472 monthly
    • Covers roof, windows, general maintenance, internet/cable and landscaping in common areas
  • Back yard/deck area from second floor kitchen
  • Appliances are included in as is condition
    • Fridge, Stove, Washer, Dryer, Dishwasher
    • the seller did indicate that the dishwasher line did leak in the past and needs to be replaced
  • A/C and Furnace are owned, 30 years old as per seller
  • HWT is a rental, 10 years old as per seller
  • Breaker Panel
    • aluminum and copper wiring as per seller
  • Property taxes are approximately $2105

Recommended Renovations

  • Full cosmetic renovation
  • Consider upgrading the Furnace and HWT
  • Seller has the option to leave junk behind so we recommend budgeting for junk removal
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent Fix & Flip or Buy & Hold opportunity.

  • Wholesale Price: $309,999
  • We believe that this property is worth $360,000 as-is on the MLS
  • We believe after a full renovation, this property would sell for at least $470,000 on the MLS
  • Purchase today for $50K BELOW MARKET VALUE
Assignment of Contract
Property Type:

Call 647-930-0291 for more details