Brick 2-Storey Flip Opportunity in Central Ajax!! Assigned

  • $910,000
  • 3 beds
  • 4 baths
  • 1847 sqft
Assigned
Located in one of the hottest areas in Ajax, this detached, brick, 2-storey is an Investor’s dream with pre-reno and ARVs soaring!! Featuring a fully updated kitchen with butcher block counters, updated bathrooms and over 1800 sq ft of above grade space with a master ensuite and walk-in closet, not to mention a den that can be converted to a bedroom with a 3-piece bathroom already in the basement — our property is a complete steal of a deal at only $910,000!! Well-maintained and cared for by the same family for the past 30+ years, this property offers massive profit potential in one of the most sought-after residential areas of Ajax. The floor plan is quite unique, and offers an Investor an incredible amount of options as to how they wish to update or even wholetail the property. The average 3 bedroom property in Ajax sells for $1,000,000, with 4 bedrooms at $1,200,000, up 40% and 32% respectively over last year!! At only $910,000, this property is practically begging you to profit from it!!

We are selling our assignable purchase contract.

Closing is April 20th, 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.**

PROPERTY FEATURES
  • 2-storeys
  • 3 bedrooms + basement den
    • The master bedroom features a 4-piece ensuite and a walk-in closet
    • The basement den features a closet as well as a door and could be converted to an additional bedroom, however it will require an egress window for this property to be considered a 3+1 bedroom (Buyer to verify)
  • 4 bathrooms (2.5 bathrooms, as per MPAC)
    • 4-piece master ensuite was updated 10-years-ago (as per Seller)
    • Additional 3-piece bathroom is located on the second floor
      • Seller claims that this bathroom could easily be converted to a 4-piece, if desired (Buyer to verify)
      • This bathroom was updated 10-years-ago (as per Seller)
    • 2-piece bathroom is located on the main floor
      • This bathroom was updated 1-year-ago (as per Seller)
    • 3-piece bathroom is located in the basement
  • Built in 1988 (renovated in 2008, as per MPAC)
  • Above grade: 1847 sq ft (as per MPAC)
    • First floor: 741 sq ft (as per MPAC)
    • Second floor: 1106 sq ft (as per MPAC)
  • Full basement: 741 sq ft (as per MPAC)
    • Ceiling heights:
      • 6.821 ft to ducts (Buyer to verify)
      • 7.244 ft in living area (Buyer to verify)
    • Laundry room is located in the basement
  • Separate entrances:
    • Screen door opens to an enclosed porch area which contains the front door
    • Front door opens to the main entrance way
    • Sliding glass doors lead from the kitchen area out to the back patio
  • Flooring: hardwood, laminate, tile, carpet, poured concrete
    • Dining room flooring was updated 2-years-ago (as per Seller)
  • Full kitchen renovation was completed 3/4-years-ago, and features butcher block countertops (as per Seller)
  • All appliances will be included
  • 100 AMP breaker panel
  • HE gas furnace is owned, and is 10-years-old (as per Seller)
  • HWT is rented, and was installed 8-years-ago (as per Seller)
  • AC unit is owned, and is only 1-year-old (as per Seller)
  • All windows were updated 12-years-ago (as per Seller)
  • Roof was updated 12-years-ago (as per Seller)
  • On municipal services
  • Property taxes: ~$3600/year (Buyer to verify)
  • 2-car, attached garage (480 sq ft, as per MPAC)
    • It is believed that this garage more closely resembles a 1.5-car garage (Buyer to verify)
  • Parking for 2 cars in driveway
  • Lot size: 35.1 ft x 109.91 ft (as per MPAC)
  • Zoning: R2-A (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$910,000
Address:
Harwood Ave N & Chapman Dr
Ajax, ON
Square Feet:
1847
Lot Size:
35.1 ft x 109.91 ft
Bedrooms:
3
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1988
Basement:
Full

Call (647) 400-2093 for more details

Property Location