This 2-storey half duplex is an affordable flip or buy-and-hold opportunity in the up-and-coming Mission market!! Located on a quiet cul-de-sac and backing on to a ravine and creek, this is a setting that retail buyers will love!! After cosmetic updating this flip could fetch a tidy profit on the market. Investors also have the option to hold the property as a potential 2-unit rental for cash flow and future gains. Mission continues to be a hot market with prices averaging $931,000, up 4.2% this month, and this is your chance to secure a half duplex at an ultra-low price!!
We are selling our assignable purchase contract.
Closing is August 16th, 2021
**As per our APS, the Seller will be permitted to live on the premises for no later than 90 calendar days after closing. The rate will be $2000/month (excluding utilities, which will remain in the Seller’s name) calculated on a pro-rated basis. $6000 dollars will be held back by the Seller’s lawyer in trust as compensation for the Seller’s monthly stay. Once the Seller has vacated the property and left it in reasonable condition, the remaining balance, if any, of the holdback, shall be released to the Seller within 2 business days.**