This 3-storey, condo townhouse is the best kind of fixer-upper — especially if the goal is to build equity!! The property needs a complete cosmetic overhaul (floors, bathrooms, kitchen, etc.), but has good bones and is offered at a very low price point for the city. The predicted ARV based on comparable sales is very good: a neighbouring property on the same street sold for $400,000+, which would be a 33% equity gain for this unit!! Located in a lovely residential area of Gloucester, with 5 parks within a 1 km radius, shopping at the Gloucester Centre, Innes Road only a 5-minute drive away, and a quick getaway to the NCC Greenbelt/Mer Bleue Bog a mere 10-minute drive by car. Whether the Investor is looking to rent or to re-sell on the market for profit, this will be a deal you don’t want to miss out on!!
We are selling our assignable purchase contract.
Closing is May 2nd, 2022
*As per our APS, the Seller is permitted to extend or shorten the closing 1 time by up to 30 calendar days. If the Seller is to extend the closing date, they must provide written notice at least 30 calendar days before the original closing date. If the Seller is to shorten the closing date, they must provide written notice at least 30 calendar days before the new closing date.***As per our APS, the Seller may leave a few items in the house after closing. Such as, but not limited to, clothes, furniture items, ect.**
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