Condo Apartment in Mississauga! Assigned

  • $484,999
Assigned

Condo Apartment in Mississauga! 

Turnkey Rental or Wholetail Opportunity! 

$55K BELOW Market Value!

Webb Drive, Mississauga, ON

Offer Date: FIRST COME FIRST SERVE
Closing Date: January 23rd 2024 

** Realtors bring us a client and add your commission on top of the purchase price**

 

About the Property

This condo consists of 1 bedroom, 2 dens, 1 bathroom, and has a footprint of 861 sqft. The condo has 1 underground parking spot as well as 1 storage locker. There are some touch ups that could be done, however the unit itself is turn key and ready to be lived in/rented. The condo fees are approximately $719/month and include heating, and water. This property is perfect for an investor looking for a turnkey rental in the heart of Mississauga or an investor looking to start the new year with a quick wholetail flip.

About the Neighbourhood 

The subject property is situated in the heart of Mississauga. Mississauga is located just west of Toronto. The subject property is surrounded by countless amenities such as Square One, Walmart, Whole Foods, LCBO, Sheridan College, Restaurants, and many more. The Mississauga City Centre Transit Terminal is only a 5-minute drive from the subject property and the Cooksville Go station is located only 8 minutes away from the subject property providing easy transportation for commuters. Hwy 403 is located 9 minutes from the subject property providing access both eastbound towards Toronto and westbound towards the Halton region.

Property Details

  • Condo Apartment
  • 1+2 layout
    • 1 bedroom
    • 2 dens
  • Large terrace
  • 1 bathroom
  • Built in 2008
  • 861 sqft above grade
  • Appliances are included (Fridge, Stove, Washer, Dryer, Dishwasher)
  • Breaker panel, copper wiring
  • Heating, cooling, and hot water are centralized
  • Floor: 7th
  • Exposure: East
  • 1 parking (underground)
  • 1 locker
  • Property taxes are approximately $2830
  • Maintenance fees are $719/month and include heating, cooling, water as per seller

Recommended Renovations

  • Minor touchups
  • 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 BUY and HOLD opportunity.

  • Wholesale Price: $484,999
  • We believe that this property is worth $540,000 as-is on the MLS
  • We believe after a cosmetic update the subject property would sell for at least $600,000 on the MLS
  • Purchase today for $55K BELOW MARKET VALUE

If You’re Interested….

Email us at info@slgpropertydeals.ca or call Jocelyn at 647-930-0291. Jocelyn can answer any questions you have and set up a time to view the property.

 

Please Do Not Go Directly to the Property

Disclaimer: The contents of this email are for informational purposes only. We are not home inspectors or appraisers. Please ensure you do your own due diligence.
Price:
$484,999
Address:
Mississauga, ON
Terms:
Assignment of Contract
Property Type:
Condo

Call 647-930-0291 for more details