Semi-Detached House in Bolton! Assigned

  • $799,999
Assigned

Semi-Detached House in Bolton!

BRRR or Fix and Flip Opportunity

$75K BELOW Market Value!

Grapevine Road, Bolton, Ontario

Offer Date: FIRST COME FIRST SERVE
Closing Date: August 31st, 2023
*The seller has the option to extend closing by up to 42 days or shorten closing by up to 7 days, provided notice is given by August 17th, 2023*

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

 

About the Property

Looking for a structurally sound property ready for a quick fix and flip? Checkout this semi detached in Bolton consisting of 3+1 beds 3 baths and a total of 2170 sqft. While there have been no recent renovations done, the property was built in 2001 so there are no major issues, fully cosmetic. The property is in livable condition but we’d recommend a full cosmetic renovation to maximize ARV. We’d also recommend doing some landscaping to increase the curb appeal. This property is perfect for an investor looking for a fall fix and flip or BRRR project.

About the Neighbourhood 

This property is located in a desirable neighbourhood in Bolton near a number of different trails! While Bolton is a small town it has all of your basic necessities such as; Walmart, Home Depot, Canadian Tire, Landmark Cinemas, Tim Hortons, Starbucks, Burger King and much more. Bolton is located about 30 minutes West of Vaughan and 20 minutes North East of Brampton. Highway 427 is about 15 minutes from the subject property and both highway 401 and 400 are about 30 minutes away. Downtown Toronto is about an hour away from the subject property making this an ideal location for the end user looking for tranquility but also not too far from the City.

Property Details

  • Semi-Detached House
  • 3+1 bedrooms
  • 3 bathrooms
    • 2 full bathrooms
    • 1 half bathroom
  • 1441 sqft above grade
  • 629 sqft below grade
  • Built in 2001
  • Appliances are included
  • Breaker panel, copper wiring
  • Finished basement
  • Furnace and A/C are both rentals and 2 years old
    • Will be bought out on closing
  • HWT is a rental
  • Roof redone in 2015
  • Windows are original and in good condition
  • Single car attached garage
  • Property taxes are $3720
  • Lot size is 22.47ft x 148.82ft
  • Zoning R2

Recommended Renovations

  • Full cosmetic renovation
  • Some landscaping
  • 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 opportunity.

  • Wholesale Price: $799,999
  • We believe that this property is worth $875,000 as-is on the MLS
  • We believe that after a full cosmetic renovation this property should be worth at least $1,125,000 on the MLS.
  • Purchase today for $75K 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:
$799,999
Address:
Bolton
Terms:
Assignment of Contract
Property Type:
Home

Call 647-930-0291 for more details