LOOKING FOR A FLIP OPPORTUNITY IN MISSISSAUGA? +105K UNDER MARKET VALUE Assigned

  • $605,000
  • 3 beds
  • 2 baths
  • 1400-1600 sqft
Assigned

PROPERTY INFO

If you are looking for a severely discounted property, then look no further!

This is a super discounted condo townhouse located in the Meadowvale area of Mississauga. This 3 + 1 bedroom, 2 bathroom unit has a walk-out basement to a beautiful path and will be vacant on possession. It is a unique multi-level property that has a new cozy gas fireplace and brand new tankless water heater. It also feels more like a semi-detached property as it is a corner unit. The basement has a shower stall, which could be used to create a 3rd bathroom.

This would be an extremely easy flip – everything is cosmetic! This condo townhouse is located in a desirable area of Mississauga. It is near all amenities and is perfectly located right by the 401.

Comparable properties have been selling in this area for 712 – 793K and this is available at a super discount!

At a Purchase price of $605,000, this property will yield a great return on your investment in this blazing market.

For someone looking to flip this property, it would be mostly cosmetic: update some flooring, paint, and update kitchen cabinets (optional).

We are selling our assignable purchase contract.

Closing is June 7th, 2021

PROPERTY HIGHLIGHTS

  • 3 + 1 bedrooms
  • 2 bathrooms
  • Walkout basement
  • Has a shower stall in the basement – could be converted into a 3rd bathroom.
  • Comes with 450 sq feet of laminate flooring which was intended for the basement bedroom and kitchen
  • Attached garage parking 
  • Condo fees: $505/month and includes Windows, doors, roof, landscaping, high speed internet, cable tv and water
  • Taxes: $2691/year 
  • New ductless water heater and gas fireplace
  • Quartz countertops
  • Eat in kitchen and dining room
  • End unit!!!

PROPERTY RENOVATIONS

  • Update basement and kitchen flooring
  • Update kitchen cabinets (optional)
  • Paint to freshen up the place

COMPARABLES

Unit 15 – 7251 Copenhagen Rd

https://housesigma.com/web/en/house/NkKJ3JdNmqZyd4V6/7251-Copenhagen-Rd-15-Mississauga-L5N2H6-W5138171

This property was really updated and is a little bigger than our unit, but in the same complex. It sold for 780K in March 2021.

Unit 50 – 7340 Copenhagen Rd

https://housesigma.com/web/en/house/Vwod7vrQ95J75mGN/7340-Copenhagen-Rd-50-Mississauga-L5N2S5-W5136775-40073157

This property is had updated their flooring and the kitchen, and sold for 793K in March, 2021

Unit 67 – 7080 Copenhagen Rd

https://housesigma.com/web/en/house/10QqypNrE183LGlV/7080-Copenhagen-Rd-67-Mississauga-L5N2C9-W5166169

This property had very basic finishes and sold for 712K in March 20

OFFER AND CLOSING

Accepting offers anytime!

Closing: June 7th, 2021

PICTURES & VIDEO

https://drive.google.com/drive/folders/13rg67a2puZsFiGbPHbRiJyK34YLUiXk6?usp=sharing

PROCESS

If you are interested and serious, please contact Paul at 647-745-4598 or profitableproperty10@gmail.com to present your offer. We will also consider offers sight unseen, but only if you’re 100% certain that you want the property – This is something you might consider as our last couple wholesale were sold sight unseen!

A one-time showing will be organized for the top offers if we don’t receive any offers sight unseen.  

Home Inspection available upon request.

Please do not go directly to the address.

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

 

Price:
$605,000
Address:
7251 Copenhagen
Mississauga
Square Feet:
1400-1600
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Townhouse

Call (647) 745 4598 for more details

Property Location