| Wholesale Price of $999,999 or Best Offer!
By March 17th, 2022
Realtors bring your clients, just add your commission to the purchase price!
Purchase this Property Today for $125K BELOW Market Value!
Closing Date: April 14th, 2022
**Due to COVID-19 restrictions sight unseen offers are preferred.** |
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Laurand Street, Innisfil, Ontario
About the Property
This 2 storey detached property consists of 5 bedrooms 3.5 bathrooms and is 2035 sqft. This property comes with a finished basement with high ceilings and a separate entrance. The furnace and A/C are both owned and original. This home is in need of a cosmetic facelift but otherwise is in good condition. The property is only a 20 minute drive to Barrie GO station. This house is perfect for an investor looking for a quick fix and flip or rental.
About the Neighbourhood
The subject property is situated in a desirable neighbourhood in Innisfil. This property is close to amenities such as restaurants, Canadian Tire, Tim Hortons, LCBO, Grocery stores, Dollarama, Starbucks, and schools. Innisfil is located about an hour north of Toronto and 30 minutes south of Barrie. Innisfil is located East of the highway 400 and the City is planning on adding a GO station.
Property Features
- 2 storey detached
- 5 bedrooms
- 3.5 bathroom
- 2035 sqft above grade
- 1033 sqft below grade
- Property taxes are about $4100
- Breaker panel
- Copper wiring
- Built in 2008
- Furnace and A/C are owned
- HWT Rental
- Roof and windows are original
- 39.63 ft x 115.75 ft lot size
- Backs onto the forest
- H Zoning
Recommended Renovations
- Cosmetic update
- Sellers have the option to leave contents behind so we recommend budgeting for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Rental opportunity.
- Wholesale Price: $999,999 or Best Offer
- We believe that this property is worth $1,125,000 as-is on the MLS
- We believe that after a full renovation this property should be worth at least $1,400,000 on the MLS.
- Purchase today for $125K BELOW MARKET VALUE
Comparable Analysis
- 1244 Laurand Street sold for $1,150,000 in Februrary 2022. This detached house is a 4+1 bed 3 bath unit and is somewhat updated throughout. The comparable is slightly bigger in size but sits on a smaller lot size and does not back onto forest. Therefore, we believe the subject property is worth at least $1,125,000 on the MLS.
- 1151 Gina Street sold for $1,361,000 in March 2022. This detached house is a 4 bed 2.5 bath unit. This house is renovated throughout but with modest finishes. It is bigger in size but backs onto a neighbourhood. After adjustments, and depending on finishes we believe our property would sell for at least $1,400,000 on the MLS.
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| Need Financing? |
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| 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
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