2-Storey Flip or Rental On A Corner Lot in Mississauga!! Assigned

This detached, 2-storey home is situated in the established and mature Meadowvale neighbourhood of Mississauga, just north of Central Erin Mills and west of Meadowvale Village. Centrally located near plenty of schools, the community centre, restaurants, Erin Mills Town Centre, and only a short drive from both the 401 and 407, all of Mississauga’s amenities and convenience will be at your fingertips!! This property features an attached, 1-car garage with a legally widened driveway, fenced yard, finished basement area, as well as 3 good-sized bedrooms and a bathroom on each level. Detached, 3 bedroom properties are selling well over the $1,000,000 mark in this neck of the woods!! $830,000 is an excellent price point for an Investor who values location, is committed to bringing this property up to its fullest potential, and is ready to make an excellent profit!!

We are selling our assignable purchase contract.

Closing is December 14th, 2021
*As per our APS, the Seller is permitted to advance the closing date 1 time as early as 60 calendar days, provided they notify the Buyer at least 21 calendar days before the new closing date.*

**As per our APS, the Seller is permitted to remain in the subject property up to 48 hours after closing, after which the property must be left in a clean, vacant condition. The Buyer will hold back $5,000 until vacancy is given after closing.**

• 2-storeys (as per MPAC)
• 3 bedrooms
  • Master bedroom features a large walk-in closet with vanity area, as well as a cheater ensuite (see HERE, 1:40-2:12)
• 3 bathrooms
  • 2-piece bathroom located on the main floor
  • 4-piece bathroom located on the second floor
  • 3-piece bathroom located in the basement
• Built in 1982
• Above grade: 1271 sq ft (as per MPAC)
  • First floor: 606 sq ft (as per MPAC)
  • Second floor: 665 sq ft (as per MPAC)
• Finished basement: 606 sq ft (as per MPAC)
  • Ceiling height:
    • 7’1” at its highest point (Buyer to verify)
    • 6’3” to the bulkheads (Buyer to verify)
  • The utility room is the only area that remains unfinished
• Separate entrances:
  • Front door opens to main entrance way
  • Sliding patio door in the dining area leads out to the backyard
  • Side door leads in from the driveway to the side hallway, near the basement stairs
• All appliances will be included
• 100 AMP breaker panel
• Gas furnace is from 2010 (as per Seller)
• HWT is rented (as per Seller)
• Central AC is from 2010 (as per Seller)
• Windows:
  • Upper windows were updated by a previous owner (as per Seller)
  • Lower windows were replaced in last 15 years (as per Seller)
  • We believe that all windows are vinyl (Buyer to verify)
• Roof was done in 2020 (as per Seller)
• Solar panels are on a rental agreement with Grasshopper
  • The Seller took the lump sum payment so there is no payment to the next Buyer
  • The rental contract lasts for another 13 years but the Buyer is able to buyout the agreement for $20,000 or keep it without payment from Grasshopper (Buyer to verify)
• Tool shed in backyard (tarp tent is not included, as per Seller)
• All brick exterior, with some siding along the upper half of one side of house
• On municipal services
• 1-car, attached garage features an auto remote controlled door and central VAC (240 sq ft, as per MPAC)
• Driveway was legally widened to fit 2 cars, double-wide (Buyer to verify)
• Irregular corner lot: 38.71 ft x 93.21 ft (as per MPAC) – see lot HERE
• Zoning: RM5945 (as per MPAC)

PROPERTY NEEDS

• Cosmetic updating 

Please click HERE for more pictures and information.