| Sandwell Street, Woodbridge, Ontario
Offer Date: October 5th, 2022
Closing Date: November 7th, 2022
Property will NOT be vacant, buyer to assume tenant
About the Property
Check out this turnkey freehold townhouse built only 5 years ago and currently generating $3300/month with triple A tenants. The tenants have a lease until August 2023 and the property has been kept in immaculate condition. This property consists of 4 bedrooms 4 bathrooms and is a total of 1968 sqft. The fully finished basement comes with a walkout to the backyard and carpet on the floors. There is oak hardwood flooring throughout the main and upper levels. The kitchen is an open concept layout with stainless steel appliances. This property is perfect for an investor looking to add a discounted turnkey property to their portfolio that is already tenanted. Tenant acknowledgement form will be provided on closing. Take advantage of purchasing this beautiful home today for 2020 real estate prices!
About the Neighbourhood
The subject property is situated in a desirable neighbourhood of Vaughan. The property is a short drive to downtown Toronto and about a 20 minute drive to Pearson airport. The subject property is close to a number of different highways including the 401, 407, 404, 409 and the 427. The subject property is close to countless amenities such as restaurants, Shoppers Drug Mart, McDonalds, Canadian Tire, Canadas Wonderland, Shopping Malls, Schools, and much more. The Cortellucci Vaughan Hospital is located less than a 10 minute drive to the property.
Property Details
- Freehold Townhouse
- 3+1 bedrooms
- 4 bathrooms
- 3 full bathrooms
- 1 half bathroom
- 1500 sqft above grade
- 468 sqft below grade
- Finished basement with walkout
- Property taxes are about $4172
- A/C and furnace are owned and 5 years old
- HWT is a rental and 5 years old
- Roof and windows are 5 years old
- Attached 1 car garage
- Breaker Panel, copper wiring
- Built in 2017
- 18ft x 90ft
- RVM2 Zoning
Recommended Renovations
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| The Numbers
We are selling our assignable purchase contract for this excellent FIX and FLIP opportunity.
- Wholesale Price: $959,999 or Best Offer
- We believe that this property is worth $1,060,000 as-is on the MLS
- Purchase today for $100K BELOW MARKET VALUE!!
Comparable Analysis |
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- 26 Sandwell Street sold for $1,100,000 in June 2021. This comparable consists of 3+1 beds 2.5 baths and is similar in size as the subject property. Similar to the subject property the comparable is also a new built with a fully finished walkout basement. Therefore, after adjustments, we believe the subject property should sell for at least $1,060,000 “as-is” on the MLS.
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- 30 Sydney Circ sold for $1,100,000 in July 2022. This comparable consists of 3 beds 2.5 baths and sits on a slightly larger lot size. The comparable is larger in size but it is a condo townhouse. Similar to the subject property the comparable is also a new built with a fully finished walkout basement. Therefore, after adjustments, we believe the subject property should sell for at least $1,060,000 “as-is” on the MLS.
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- 6 Farooq Boulevard sold for $1,500,000 in May 2022. This comparable consists of 4 beds, 3.5 baths, and is larger than the subject property. The comparable is larger in size and has been nicely upgraded throughout. Similar to the subject property the comparable is also a new built but it comes with an unfinished basement. Therefore, after adjustments, we believe the subject property should sell for at least $1,060,000 “as-is” on the MLS.
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| Need Financing? |
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| Looking for a construction cost estimate?
SLG Capital will manage the construction of this project from start to finish. If you’re looking for an estimate please email info@slgcapital.ca |
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| 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
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| 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. |
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