This property sits on a large, 207 ft deep lot in the stunning Scarborough Bluffs area and is the perfect flip opportunity! This 3+1 bed, 2.5 bath, backsplit has both a 1-car, attached garage and a carport. With a side entrance leading to stairs that go to the finished basement, this property is completely set up for you to add a secondary suite to maximize profit. Walking distance to Sylvan Park, this property is surrounded by nature and unrivalled views of the lake only minutes away. The average 3-4 bed detached house price in this extremely sought after neighbourhood ranges from $1.4 – $1.7M and continues to increase. At only $1,050,000, you can’t let this opportunity pass you by!!!
We are selling our assignable purchase contract.
Closing is March 16th, 2021
**As per our APS, should the Seller not be able to vacate on closing due to Covid-19 restrictions, the Seller will be permitted to live on the premises for no longer than 90 days at a rate of $3,000/month (excluding utilities, which shall be in the tenant’s name) calculated at a prorated basis. If the Seller’s need to stay, $20,000 will be held back by the Seller’s lawyer in trust as compensation for the Seller’s monthly rent. Once the Seller has vacated the property, the remaining balance, if any, of the holdback shall be released to the Seller.**