Semi-Detached House in Oshawa! Assigned

  • $429999
Assigned

Semi-Detached House in Oshawa!

Fix and Flip or Duplex Opportunity

$95K BELOW Market Value!

Capreol Court, Oshawa, Ontario

Offer Date: FIRST COME FIRST SERVE
Closing Date: January 31st, 2024
*The seller has the option to extend closing to February 16th 2024, given notice is provided to the buyer by January 12th 2024*
*Buyer to pay sellers legal fee up to $1500*

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

 

About the Property

Ready for your next SLG flip? Close in the winter and sell in the spring! This semi-detached 3 bed, 2 bath 2 storey house has a footprint of 1152 sqft and sits on an irregular pie shaped lot with a frontage of 26.88ft lot. The property is dated throughout and will require a full cosmetic renovation. Windows are original so we would recommend updating them however the roof was redone in 2021. There are a number of animals that live in the home, specifically a couple of birds that eat through the drywall and have created a urine smell in the third bedroom. The basement is partially finished with a ceiling height of around 7.5ft. The heat is electric baseboard heating and there is no AC. This structurally sound property will not last long! CALL TODAY BEFORE IT’S GONE!

About the Neighbourhood 

The subject property is situated in the Vanier neighbourhood of Oshawa. The property is located just off of the 401 on the North side. Highway 401 connects Oshawa with other major cities in Southern Ontario such as Toronto and Bowmanville. There are countless amenities near the subject property including the Oshawa centre, Starbucks, Tim Hortons, Canadian Tire, Superstore, LCBO, restaurants, and much more. The property is extremely accessible, transportation wise, as it is minutes from the GO Train terminal. Routes extend east to Union Station, making the commute into the city extremely easy!

Property Details

  • Semi-Detached 2 Storey House
    • 3 bedrooms
    • 2 bathrooms
      • 1 full bath
      • 1 half bath
  • 1152 sqft above grade
  • 576 sqft below grade
  • The basement is partially finished
    • 7.5 Ceiling Height
  • Breaker panel updated in 2014
    • copper wiring
  • Built in 1975
  • Electric Heating
  • No A/C
  • HWT is a older rental
  • Appliances included
  • Roof was redone 2021
  • Windows are original
  • 26.88ft (irregular pie-shaped)
  • Property taxes are about $3069
  • R2 Zoning

Recommended Renovations

  • Full cosmetic renovation
  • Add front deck
  • HVAC work to add furnace and AC
  • 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 BUY and HOLD opportunity.

  • Wholesale Price: $429,999
  • We believe that this property is worth $525,000 as-is on the MLS
  • We believe that after a cosmetic update, this property should be worth at least $635,000 on the MLS.
  • Purchase today for $95K 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:
$429999
Address:
Oshawa
Terms:
Assignment of Contract
Property Type:
Home

Call 647-930-0291 for more details