Timmins Assigned

By May 21, 2021
Realtors bring your clients, just add your commission to the purchase price!

Purchase this Property Today for $25,000 BELOW Market Value!
Closing Date: June 30, 2021

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

Maple Street South, Timmins, ON

Detached 1.5 storey house located on a quiet street in Timmins. The subject property contains 3 bedrooms, 1 bathroom and is approximately 1,100 sqft. The property is situated near schools, restaurants, shops and parks. After some cosmetic renovations inside this property can be a great cash flowing asset in a strong appreciating market. The property is suitable for a beginner or experienced investor willing to take on a cheap Fix & Flip or Rental opportunity.

Property Features

• Detached 1.5 Storey
• 1066 sqft above grade
• 780 sqft basement
• 1 car detached garage
• 3 bedrooms
• 1 bathrooms
• Breaker panel
• Basement is partially finished
• Lot: 30 ft Frontage x 94 ft Depth
• Roof is about 12 years old
• Some windows may need to be replaced
• Furnace is still in decent shape
• Zoning – R3
• Built in 1930

Renovations Needed

• Cosmetic renovations throughout
• Replace some windows

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

• Wholesale Price: $139,999 or Best Offer
• We believe that this property is worth $165,000 as-is on the MLS
• Purchase today for $25K BELOW MARKET VALUE

Comparable Analysis

• 91 Maple Street South sold 26 days ago for $155,000. It is a detached 1.5 storey with 2 bedrooms, 2 bathrooms and is approximately 700-1,100 sqft. It sits on a 30 ft x 100 ft lot, has an unfinished basement and no garage.  The inside is slightly outdated but well maintained. Given that the subject property has a garage we believe that it would sell slightly above this comparable as-is on the MLS.