2-Storey, End-Unit Condo Townhouse Flip or Rental in Gloucester! Assigned

  • $355,000
  • 3 beds
  • 2 baths
  • 1,000 -1,1199 sqft
Assigned

 This 3 bedroom, 2 bathroom, 2-storey, condo townhouse only requires some cosmetic updating and provides great potential for the Investor! Nestled in a family-friendly neighbourhood, this property is in a great location (only 12 minutes to downtown Ottawa), close to restaurants, bars, schools, public transit, Ridge Park, shopping and so much more. With minor updates, this property could be ready for tenants or ready to be flipped back onto the MLS. Priced well under market value, this property provides opportunity and the ability to avoid the bidding wars on the MLS. Don’t miss out!!

We are selling our assignable purchase contract.

Closing is May 28th, 2021.
**As per our APS, the Seller has the ability to extend the closing date by up to 21 calendar days.**

PROPERTY FEATURES
This property will be getting brand new siding installed. See example comparable HERE.

  • 3 bedrooms
  • 2 bathrooms (1 full, 1 half)
  • Built in 1977
  • Above grade: 1,000 -1,1199 sq ft (as per MPAC)
  • Basement: 500-599 sq ft (as per MPAC)
  • 2 living rooms
  • Gas furnace (2014, as per Seller)
  • HWT is rented (as per Seller)
  • No central AC
  • All appliances are included in the sale (please note, the dishwasher is broken)
  • Outdoor patio
  • 1 private parking space
  • Condo fees: $417/month (Buyer to verify)
    • Fees include: exterior building and grounds maintenance, water & sewer
    • Please Note: There was a special assessment on the condo for a total of $2820. The first two instalments will be paid by the Seller but the third instalment of $940 will be due in May 2022  and will need to be paid by the Buyer (see HERE – Buyer to verify).
    • Please note that the comparables on Bethamy are already taking this special assessment into account.

PROPERTY NEEDS

  • Some cosmetic updating

Please click HERE for more information and pictures.

Price:
$355,000
Address:
Bethamy Ln
Gloucester, ON
Square Feet:
1,000 -1,1199
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Townhouse
Year Built:
1977

Call (647) 400-2093 for more details

Property Location