About the Property
Looking for a flip or potential duplex in Brampton? SLG has the deal for you!
Welcome to Windermere Crt where you will find a solid semi detached property that needs the basic cosmetic upgrades to freshen it up to 2024 standards! This property is a backsplit with 4 levels. There are 4 bedrooms total, 1.5 bathrooms and a detached garage. The furnace is dated, along with the A/C unit, although both are working. The roof is in good condition as half of it was replaced in 2023, the rest is about 15 years old. This property is perfect for any investor looking for a cosmetic fix and flip or rental conversion with fantastic returns!
Property Details
- 4 Level Backsplit Semi Detached
- 4 bedrooms
- Current layout is 2 beds on top level and 2 beds on third lower level
- 1.5 bathrooms
- 1 full bathroom on the top floor
- 1 half bathroom on third floor
- Detached Garage
- shared driveway that splits to subject property’s garage access
- Garage roof in rough shape consider updating
- 1448 sqft above grade
- 438 sqft below grade
- Basement Ceiling Height is around 7.5ft – 8ft (buyer to verify)
- 7ft under bulkhead (buyer to verify)
- Separate entrance into the basement
- Property taxes are about $4,438
- Fuse panel, old style copper wiring
- Built in 1963
- Furnace is from 2006, working condition
- A/C is from 2006, working condition but dated
- HWT is a rental
- age unknown to seller may be from 2006
- As seen in pictures, some moisture in the furnace room
- Majority of roof was redone in 2023 (due to wind storm)
- rest of the roof is about 15 years old
- Windows are from 2006 however all are vinyl
- 24.5ft x 150ft
- R2A zoning
Recommended Renovations
- Full cosmetic renovation
- Potentially replace AC and Furnace
- Update garage roof
- Potentially convert into a 2 unit property (duplex)
- The seller has the option to leave junk behind so we would recommend budgeting for junk removal
|
|
| The Numbers
We are selling our assignable purchase contract for this excellent FIX and FLIP opportunity.
- Wholesale Price: $689,999 or Best Offer
- We believe that this property is worth $750,000 as-is on the MLS
- We believe that after a full cosmetic renovation and the addition of a second unit, this property should be worth at least $975,000 on the MLS.
- Purchase today for $60K BELOW MARKET VALUE
|
|
