Semi-Detached 2 Storey Home in Burlington! Assigned

  • $704,999
  • 3 beds
  • 2 baths
  • 1200 sqft
Assigned

Semi-Detached 2 Storey Home in Burlington!

Fix and Flip or Rental Opportunity

CHEAPEST SEMI DETACHED AVAILABLE IN BURLINGTON

$55K BELOW Market Value!

Greenbank Trail

Greenbank Trail, Burlington, Ontario

Offer Date: FIRST COME FIRST SERVE
Closing Date: June 2nd, 2025

*THE SELLER HAS THE OPTION TO EXTEND CLOSING TO AUGUST 4TH, 2025 IF NOTICE IS PROVIDED TO THE BUYER BY JUNE 18TH, 2025. THE SELLER ALSO HAS THE OPTION TO SHORTEN CLOSING TO JUNE 2ND, 2025 IF NOTICE IS PROVIDED TO THE BUYER BY MAY 14TH, 2025*


***The Seller indicated to us they would like to close June 2 2025***

*Buyer agrees to complete APS deposit of 10K*

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

About the Property

Looking for your next flip in Burlington? Don’t miss out on this semi-detached 3-bedroom, 2-bathroom property. The home sits on a 23.79ft x 115ft lot and has an attached 1-car garage. There is 1,121 sqft of living space above ground, plus a finished basement with a separate entrance that can possibly be configured as a rental unit. Cosmetically the property is outdated however the roof, furnace, and A/C have been redone within the last 10 years saving the buyer a costly upgrade. Additionally, the seller is currently waterproofing the side of the home and the work will be finished prior to closing (as per seller). This property is a fantastic opportunity for an investor looking for a summer project or a rental in Burlington.

About the Neighbourhood 

The subject property is situated in the Brant Hills area of Burlington. Burlington is located west of Oakville. There are countless nearby amenities including restaurants, banks, parks, grocery stores & more. There are 2 bus stops within a 2-minute walk and the Burlington Go Station is only 8 minutes away providing easy transportation for commuters. The QEW is only 6 minutes away providing easy access westbound towards Hamilton and eastbound towards the GTA.

Property Details

  • Semi-detached 2 storey
  • Brick/siding exterior
  • 3 bed
  • 2 bath
    • 1 full bathroom upstairs
    • 1 3pc in basement
  • 1191 sqft above grade
  • 540 sqft below grade
  • Basement is finished living space
    • Has a walkout from backyard (sliding door)
    • 7ft to 7.5ft ceiling height
  • Electrical is on breaker panel
    • Copper wiring
  • Built in 1982
  • Furnace is owned
    • 10 years old as per seller
  • HWT is rented
    • To be assumed by the buyer
    • Exact age unknown
  • A/C is owned
    • 10 years old as per seller
  • Roof redone 7-8 years ago as per seller
  • Windows are 20+ years old
  • Attached 1 car garage
  • Appliances included in as-is condition 
    • fridge, stove, washer, dryer
  • 23.79 ft x 115 ft
  • Property taxes are about $1628
  • R4 zoning

Recommended Renovations

  • Cosmetic renovation 
  • Consider updating windows 
  • The seller has the option to leave junk behind so we would recommend budgeting for junk removal
Pictures and More

The Numbers

We are selling our assignable purchase contract for this excellent FIX and FLIP or Rental opportunity.

  • Wholesale Price: $704,999 or Best Offer
  • We believe that this property is worth $760,000 as-is on the MLS
  • We believe that after the recommended renovations are completed, this property should be worth at least $900,000 on the MLS.
  • Purchase today for $55K BELOW MARKET VALUE

Comparable Analysis
  • 2343 Malcolm Cres sold for $784,000 in October 2024 during a stronger market. This comparable semi-detached backsplit has a 3-bedroom 2-bathroom layout similar to the subject property. The comparable property has a similar 1100-1500 sqft footprint and sits on a larger 34ft x 110ft lot. The comparable is cosmetically outdated similar to the subject property. Unlike the subject property the comparable has no garage. We believe that in its current condition, the subject property would sell for a price around $760,000 on the MLS!
  • 3068 Autumn Hill Crescent sold for $1,025,000 just 13 days ago. This comparable 2-storey semi-detached property has a 3-bedroom 2-bathroom setup and a finished basement. The comparable property has a similar 1100-1500 sqft footprint and sits on a larger 33ft x 106ft lot. Additionally, the comparable has a garage similar to the subject property. Cosmetically, the comparable has had extensive renovations done throughout. We believe that after the recommended renovations are completed, the subject property would sell for a price around $900,000 on the MLS!
  • 2323 Glastonbury Road sold for $925,000 in February 2025. This comparable 2-storey link home has a 3-bedroom 3-bathroom setup and a finished basement. The comparable property has a similar 1100-1500 sqft footprint and sits on a larger 36ft x 116ft lot. Additionally, the comparable has a garage similar to the subject property. Cosmetically, the comparable has had some renovations done throughout. Unlike the subject property the comparable has an inground pool. We believe that after the recommended renovations are completed, the subject property would sell for a price around $900,000 on the MLS!
Price:
$704,999
Address:
Burlington
Square Feet:
1200
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1982

Call 647-930-0291 for more details