Sprawling yellow bungalow home on a corner lot with stone columns and greenery

Deeply Discounted Victorian Charmer on Lindsay’s Most Prestigious Street! Assigned

  • $415000
  • 3 beds
  • 2 baths
  • 2309 sqft
Assigned
Deeply Discounted Victorian Charmer on Lindsay’s Most Prestigious Street
WHOLESALE PRICE: $415,000
Bond St & Sussex st N

Lindsay

Map

PROPERTY INFO
Looking to get your hands on a property in an A++ prestigious and highly sought-after location? We have just the deal for you.

This 1860s Victorian charmer is currently a blank canvas, waiting for your imagination to be brought back to its former glory or build your modern masterpiece. Located on a large 42×198 deep lot in the prestigious Bond street in Lindsay, this home is surrounded by large Victorian mansions. Properties of this nature are in high demand and are ideal for families.

This house used to have a garage that was damaged in a fire last year. The garage has been completely removed. All smoke and fire remediation has been completed by authorized professionals – All the paperwork is available.

The property is partially gutted at this point and needs to be renovated. For investors, this is a great chance to design and remodel to your liking.

While it is possible to build and renovate houses, it is impossible to replace the charm and quality this street has to offer with its 100+ year old trees and character houses.  Buy this house for below what it was appraised for last year, add your renovations to clear a hefty profit!

Closing is August 31st, 2022

*Can be flexible on closing*

PICTURES and VIDEOS
PROPERTY HIGHLIGHTS
  • A++ Location
  • Surrounded by Million Dollar Victorian Homes
  • 2309 sq.ft (not including basement)
  • 42×198 Deep Lot
  • 3 bedrooms
  • 2 bathrooms
  • Upgraded Steel Roof
  • Newer Furnace
  • Covered Wood Veranda at front entrance(12′ x 14′)
  • Walkout To Private Balcony
  • 2 x 100 Amp Breaker Panels
  • Property Tax $3897/yr (approx)
  • VACANT POSSESSION
  • Driveway Parking
PROPERTY RENOVATIONS
  • Complete renovation needed.

 

PRICE
WHOLESALE PRICE: $415,000(Assignment Included)
COMPARABLES

We conservatively estimate the ARV of the property to be at $675k. There have been no recent apples-to-apples comps in the last 30 days due to the property’s nature and the street’s superiority.

No Detached properties have sold below our price on the same street all the way back to 2019.

Our property was last sold for $315k in 2015.  Considering all the appreciation over the last 7 years, we believe that our property is very well discounted at $415k.

86 wellington st.
This property has a similar charm to our property and has a similar lot size.  It sold for 650K in March 2021 (4 DOM!)
PROCESS

If you are interested and serious, please contact Jefin at 647-955-2561 or email profitableproperty10@gmail.com if you have any questions.

We will also consider offers sight unseen!

Please do not go directly to the address.

Realtors, add your commission amount and bring us a buyer!

READY TO MAKE AN OFFER
Text Jefin at – 647-955-2561
  • With the following information:
  • 1) Offer price
  • 2) Deposit amount
  • 3) Name and Email
FINANCING OPTIONS

We have partnered with Calvert Home Mortgage Investment Corporation

They can:

  • Lend the assignment fee
  • Only require $20,000 down (rates start at 8.49% with 25% down)
  • Fund in 48 hours
  • Mortgages are fully open: No prepayment penalty & No renewal fee
  • Free Valuations ($450 savings)

Let us know if this is of interest to you and we will connect you with them.

Price:
$415000
Address:
Bond st, Lindsay
Lindsay, ON
Square Feet:
2309
Lot Size:
42x198 Deep Lot
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home

Call (647) 955 2561 for more details

Property Location

Call Us!
(647) 955 2561