This excellent condo townhouse is over 1,100 square feet, and requires cosmetic updating!! While built in 1977, this unit has an HVAC system, a mostly brick exterior, a finished basement, low maintenance fees, and surface pad parking. Located in the desirable west Guelph, central and close to schools, hospitals, libraries, Stone Road Mall, and Hanlon Expressway, this is a profitable flip and affordable rental in equal measure!! A great price for a property in a complex that is in-demand, and has units typically selling in under 10 days on the MLS!! Don’t miss out!!
We are selling our assignable purchase contract.
Closing is September 7th, 2021
**Please note: This property is tenant-occupied, but vacant possession is required. In the event the tenants haven’t vacated upon closing, the Seller is allowed to extend the closing date up to 5 business days. If the tenants haven’t left after this 5 day grace period, the Buyer can cancel the APS and refund their deposit with our consent or offer the Seller an extension at $2,500 per 30 days on a prorated basis. The Buyer can also, in their sole discretion (not requiring our consent), assume the tenants at a $30,000 price drop. If the Seller signs any N11, N9, or LTB forms with the tenants, they have contractually agreed to deliver copies of these fully executed documents.**
**Upon closing, the Buyer will be responsible for paying up to $5,000 (HST included) to buy out the Seller’s furnace and AC. This buyout is estimated to be between $5000-8000 (as per Seller).**