Sudbury Assigned

By February 23, 2021
Realtors bring your clients, just add your commission to the purchase price!

Purchase this Property Today for $30,000 BELOW Market Value!
Closing Date: June 1, 2021
Note: The seller has the right to extend the closing date by up to 30 days or shorten the closing date by up to 60 days

**Due to COVID-19 restrictions sight unseen offers are preferred.**

Burton Ave, Sudbury, ON

Detached bungalow located on a quiet street in Sudbury. Perfect for a cosmetic fix & flip or possible duplex conversion. The subject property contains 2+1 bedrooms, 1 bathroom and laneway parking in the back. The property is situated in the up and coming Donovan area of Sudbury and is near amenities such as schools, restaurants and shops. Inventory is extremely low in Sudbury with only 4 detached properties currently listed for sale and the lowest priced property is listed for $264K!

Property Features

• Detached bungalow
• 801 sqft above grade
• 801 sqft basement
• 2+1 bed, 1.5 bath
• 33 ft Frontage x 120 ft Depth
• Laneway parking
• Furnace is owned and over 10 years old
• Windows are in good condition
• Roof was replaced 5 years ago
• Hot water tank is rented
• Breaker panel
• Partially finished basement

Renovations Needed

• Light cosmetic renovation
• Possibility to add in basement apartment

We are selling our assignable purchase contract for this excellent FIX & FLIP or Rental opportunity.

• Wholesale Price: $190,000 or Best Offer
• We believe that this property is worth $220,000 as-is on the MLS
• We believe that after a light cosmetic renovation this property should be worth approx. $250,000 on the MLS
• Purchase today for $30K BELOW MARKET VALUE

Comparable Analysis

• 296 Lloyd street sold in November 2020 for $222,000. It is a detached bungalow with 2 bedrooms, 1 bathroom and is approximately 880 sqft. It is well maintained inside but slightly outdated similar to the subject property. The market has appreciated since November and given the low inventory we believe this comparable property would be worth even more in today’s market. We believe that the subject property would sell close to this comparable as-is on the MLS.