Hamilton Assigned

By March 20, 2021
Realtors bring your clients, just add your commission to the purchase price!

Purchase this Property Today for $80,000 BELOW Market Value!
Closing Date: May 14, 2021
Note: The seller has the option to extend closing by up to 28 days provided they give the buyer 30 days notice

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

Garden Crescent, Hamilton, ON

Detached 2 storey located in the Burkholme area of Hamilton. The subject property contains 3 bedrooms, 1.5 bathrooms, a partially finished basement and is approximately 1326 sqft. The property is situated in the Hamilton Mountain near schools, restaurants, shops and Andrew Sackville Hill park. The subject property is suitable for a beginner or experienced investor who is willing to take on a fix & flip or wholetail opportunity.

Property Features

• Detached 2 storey
• 1326 sqft first floor
• 666 sqft basement
• Part of the basement is crawl space
• 3 bed, 1.5 bath
• 35 ft Frontage x 100 ft Depth
• Furnace replaced in 2008
• AC replaced in 2008
• New roof in 2015
• Windows haven’t been replaced in over 10 years but look decent
• New garage door
• Breaker panel
• Partially finished basement
• D/S zoning

Renovations Needed

• Full cosmetic renovation

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

• Wholesale Price: $649,999 or Best Offer
• We believe that this property is worth $730,000 as-is on the MLS
• We believe that after a full cosmetic renovation this property should be worth $800,000 on the MLS
• Purchase today for $80K BELOW MARKET VALUE

Comparable Analysis

• 106 Garden Cres sold 8 days ago for $732,900. It is a detached backsplit with 3+1 bedrooms, 2 bathrooms, and approximately 1100 – 1500 sqft. The inside finishes were upgraded about 10-15 years ago and it looks well maintained. It sits on a 34 ft x 100 ft lot, has no garage and a partially finished basement. We believe that the subject property would sell close to this comparable after a few minor touch ups on the MLS.
• 150 Garden Cres sold 28 days ago for $750,000. It is a detached backsplit with 3+2 bedrooms, 2 bathrooms, and approximately 1100 – 1500 sqft. The inside looks well maintained but very outdated. It sits on a 34 ft x 100 ft lot, has no garage and a partially finished basement. We believe that the subject property would sell close to this comparable after a few minor touch ups on the MLS.
• 33 Seeley Ave sold in January 2021 for $820,000. It is a detached bungalow with 3+2 bedrooms, 2 bathrooms, and approximately 1100 – 1500 sqft. The inside has been completely renovated inside and includes a basement apartment. It sits on a 40 ft x 100 ft lot and has no garage. The subject property has a garage but wont have a basement apartment after a full renovation. Therefore we believe that a buyer should be able to achieve around $800,000 on the MLS after a full cosmetic update.