š š¤Prime Whitby Bungalow for the Price of a Townhome
Wholesale Price: $818,900 (Assignment Fee Included)
*****Thickson Rd N and Rossland Rd E, Whitby, ON*****
Photos/Videos: https://drive.google.com/drive/folders/1LU9baIMdsHw5–YpUFp77J0WrY_iqBC4?usp=sharing
FULL BUYERāS PACKAGE: https://conta.cc/431cmgq
Profitable Property is excited to present this unique Bungalow in a great location in Whitby- the desirable, well established Rolling Acres neighbourhood. This 2001 built Bungalow is available to you at a big discount!Ā
These types of Bungalows are highly sought after by the buyers with the highest amount of purchasing power – Seniors. Here are three reasons why you should consider this property:
1) The Layout: This layout can appeal to a wide range of buyers, including young families, empty nesters, or individuals with mobility issues who prefer single-level living as they eliminate the need for stairs, making the home more accessible.
2) The Functionality: This is one of the few newer Bungalows in Whitby that feature a Double Car garage. This property also has potential for a basement apartment.Ā
3) The Value: We looked at comparable houses in the area and none of them have sold below $875k in the last 90 days- as a matter of fact, most of the properties in the area sell for well over $1 million! We believe weāre at least $80k below market value on this one.
All your reno dollars for this project can be dedicated towards the cosmetic items- the Roof, Furnace, HWT, A/C, the Windows, the Garage Doors, the Driveway etc were all taken care of in the last 8 years – this is a well maintained property with no major repair pending.
For investors looking to get into Whitby aka the Oakville of the East, this house is available to you at a discounted price point of $818k! There are even townhomes in the area that sell for well over $800k! Get your hands on this Profitable Property today!Ā
Closing: April 30th, 2024
Map Link: https://maps.app.goo.gl/w6Pybgj3idHhWCJa7
Property Highlights:
- A+ Neighbourhood (Rolling Acres, Whitby)Ā
- Detached House
- 50.2 ft. x 118.11ft lot
- 1,889 sq. ft(above grade)
- 3 Bedrooms
- 2 Full Bathrooms
- Double Car Garage + Driveway Parking for 4+ Cars
- Laundry on Main Floor
- Large Unfinished BasementĀ
- Basement ceiling height around 8ā
- Zoning: R
- Year built: 2001
- Taxes: $6461/year(approx.)
- Roof 2021
- Windows 2018
- Furnace 2016
- HWT 2016 (Owned)
- A/C 2016
- Garage Doors 2023
- 100 AMP Breaker PanelĀ
- Vacant Possession
Suggested Renos:Ā
Junk Removal, Cosmetic Updates
Comparable Properties:
- 3366 Garrard Rd sold for $967,000 on December 18th, 2023
https://housesigma.com/web/en/house/5VXv3l28PDpyj2q8/3366-Garrard-Rd-Whitby-L1R2C1-E7354182-E7354182
Located on the same street, this property is an apples to apples comparison to our property. This property is just like our property and needs a cosmetic update- it sold over asking after being on the market for 5 days for $967k – that’s $148k+ over our price point!
- 20 Berkshire Crt sold for $950,000 on February 27th, 2024
https://housesigma.com/web/en/house/5VXv3l2ajPLyj2q8/20-Berkshire-Crt-Whitby-L1R2S4-E8096106
This property is also a similar aged Bungalow as ours. However, it sits on a narrower lot and features 1 less bedroom. The listing did not even feature any pictures of the inside and it sold on the same day it was listed, which goes on to show the demand for such properties. It sold for $950k – that’sĀ $131k over our price point!
- 34 Belfountain Dr, sold for $1,070,000 on November 5th, 2023
https://housesigma.com/web/en/house/0A9X3jLbWpayvgxV/34-Belfountain-Dr-Whitby-L1R0C4-E7254086
This property is a great example of what our property could sell for with some lipstick renos on the main floor and a finished basement. This property has a similar layout and overall footprint to our property and sold for a whopping $1.07m – that’s a $251k+ spread from our property!