|$250,000 below market value is a great place to start when flipping a property!! This detached bungalow comes with a renovated kitchen and bathroom, well-maintained yard, in-law basement suite, an extension, detached, 2-car garage, and an additional 3 parking spaces. At nearly 2400 square feet of living space, there is an abundance of potential in this property!! With a reasonable amount of additional cosmetic upgrades, this property could absolutely shine on the MLS. Located near Deer Lake and just a short drive to Metrotown, this property’s central location is ideal for commuters and those wanting to to enjoy the outdoors. Similar properties are selling for $1,600,000 or higher on the market, and this is your opportunity to scoop up a detached property and save $250,000 on market prices!!
We are selling our assignable purchase contract.
Closing is January 5, 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 15 calendar days before the original closing date. If the Seller is to shorten the closing date, they must provide written notice at least 15 calendar days before the new closing date.*
**As per our APS, the Seller will be permitted to live on the premises for no later than 90 calendar days after closing. A rate of $100/day (excluding utilities, which shall remain in the Seller’s name) will be owed for the stay. $9000 will be held back by the Sellers lawyer in trust as compensation for the Seller’s 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.**
***As per our APS, the Seller is permitted to leave up to 30 pieces of furniture on the property when moving out.***