Wholesale Price of $429,900 or Best Offer!
By February 12th, 2020
Realtors bring your clients, just add your commission to the purchase price!
Closing Date: March 12th, 2020
Tenant to rent out the property after closing up to May 31, 2020 |
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9 Hipel Avenue – Cambridge, Ontario
Detached Bungalow on a gorgeous pie shape lot, with amazing curb appeal! Located on a quiet street in Cambridge, Ontario. Just a few minutes from the 401 Highway, Cambridge Centre and Conestoga College. This property has been well maintained, the main floor is move in ready while the basement is perfectly suited for a secondary suite. Opportunity for a great flip or cash flow rental!
Property Features
- Detached Bungalow
- 50 x 100 ft Lot Size
- 1059 Square Feet
- Very Well Maintained and Structurally Sound
- 3 Bedroom, 1 Bathroom (Main Floor)
- Basement is perfect for in-law suite or second unit. Seller has started framing 2 bedrooms and a washroom and started the rough in for the washroom. Plumbing and additional electrical work required. Two separate entrances to the basement. 8ft ceilings.
- Roof, Windows and Furnace updated in the past 2 years.
- 200 Amp Breaker Panel
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The Numbers
We are selling our assignable purchase contract for this excellent FLIP or CASH FLOW RENTAL opportunity.
- As Is MLS Value of $475,000
- After Repair Value: $560,000 – $590,000
- $60,000 Estimated Renovation
- Our Price + Assignment Fee: $429,900
- Approx. $45,000 under market value
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If You’re Interested….
Email us at info@belviewrealestate.ca Luca can answer any questions you have and set up a time to view the property.
Please Do Not Go Directly to the Property
We will be scheduling one time for all viewings. Afterwards, we will take the best offer. We will also consider offers sight unseen (can be conditional on viewing), but only if you’re 99% sure you want the deal. Please give us a call if you are interested or have any questions.