Detached House in Mississauga! Assigned

  • $719,999
Assigned

DETACHED HOUSE IN MISSISSAUGA!

NO DETACHED PROPERTIES IN MISSISSAUGA HAVE SOLD BELOW $800K IN 2023!  

Fix and Flip Opportunity or BRRR!

$100K BELOW Market Value!

Plowmans Heath, Mississauga, ON

Offer Date: FIRST COME FIRST SERVE
Closing Date: January 19th 2024 
*The Buyer agrees to pay the sellers legal fees up to $2,000*
The gas is currently turned off at the property, therefore the furnace is not running.

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

 

About the Property

Welcome to your next SLG flip! This detached house consists of 3 bedrooms 2 bathrooms and requires a full renovation in order to bring it back to its glory. This 2 storey property consists of 1,050 squarefeet and has an attached garage. The seller noted there was previously a mouse problem but hasn’t seen any in a while after traps were set up. The basement is finished but will need to be renovated as there is some cat urine on the carpet. The windows are 20 years old but are in good condition. The roof is about 11 years old and has some life left. This project would be fantastic for a new or experienced investor looking for a fix and flip ready to hit the spring market, ACT NOW BEFORE IT’S GONE!

About the Neighbourhood 

The subject property is located in the Meadowvale West neighbourhood of Mississauga with the main intersection being Winston Churchill Boulevard and Britannia Road West. The property is extremely walkable as it is conveniently located a few minutes from various stores and restaurants. The GO Transit Streetsville stop is only a 7 minute drive. The subject property is located South of the 401 and North of the 403. The 407 is also just a short drive away. The subject property is located about 30 minutes to downtown Toronto!

Property Details

  • Detached bungalow
  • 1050 sqft above grade
  • 465 sqft below grade
  • Basement is finished
    • Ceiling height is around 7ft – 8ft
  • Built in 1984
  • Appliances are included in as is condition
    • Fridge, stove, washer, dryer which all need to be replaced
  • Breaker panel, copper wiring
  • AC is broken, needs to be replaced
  • Furnace is owned and purchased in 2006
  • HWT is rented
    • 16 years old
  • Roof was redone in 2012 as per seller
  • Windows are about 20 years old
  • Property taxes are approximately $4205
  • 29ft x 126ft lot
  • Zoning RM1

Recommended Renovations

  • Full cosmetic renovation
  • Replace AC unit
  • 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 opportunity.

  • Wholesale Price: $719,999
  • We believe that this property is worth $820,000 as-is on the MLS
  • We believe after a cosmetic update the subject property would sell for at least $975,000 on the MLS
  • Purchase today for $100K 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:
$719,999
Address:
Mississauga, ON
Terms:
Assignment of Contract
Property Type:
Home

Call 647-930-0291 for more details