Detached Property with Walk-Out Basement Unit Assigned

Looking for your next flip? Or a Rental Property that carries itself in today’s market? Look no further – this detached home in Brampton with a walkout basement in-law suite is available to you at a super discounted price of $785K – much lower than the average Brampton home price of $1,217,819. Located in the heart of Brampton, this property is within walking distance from Bramalea City Centre and Chinguacousy Park. This property features a 3 bedroom 1 washroom unit on the main and second floor and a large bachelor non-legal unit in the walkout basement. This property will be coming with vacant possession in both units. Buy, do a quick cosmetic reno and hold this property. Or sell it for a profit- a similar house on the same street without a basement unit just sold for $950k in March!

Rental Potential:

Main 3 Bedroom Unit: $2200+ Utilities

Basement Rent: $1200+ Utilities

Total : $3400+ Utilities

Closing is May 6th, 2022

(Can be flexible on closing date!)

PROPERTY HIGHLIGHTS

Fully Detached 2 Storey Home 3 + 1 bedrooms 2 full bathrooms, Shared Laundry Driveway Parking Property Tax: $3215/yr VACANT POSSESSION HWT Rental Roof Reshingled 5 years ago

PROPERTY RENOVATIONS

Cosmetic Renos Throughout Heating System Install (Most of the houses in the area have baseboard heating)

PRICE

WHOLESALE PRICE: $785,000 OR BEST OFFER

COMPARABLES

2 Helena Crt This property sold for $950K on March 14th (16 DOM) and was somewhat updated with the same layout but no kitchen in the basement.

3 Helena Crt This property sold for $1.017M on Jan. 3rd (3 DOM). It was updated with the same layout and a single car garage.

15 Highview Tr This property sold for $970K on March 29th (9 DOM). It was updated with a similar layout and lot size and is located only 600 m from the subject property.

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!