Brick 2-Storey Flip or Rental Opportunity Located Just Off of the 404 in Georgina!! Assigned

  • $1,130,000
  • 6 beds
  • 5 baths
  • 2560 sqft
Located just 5-minutes away from the 404, only an hour from Toronto, close to cottage country, and minutes away from all local amenities (shopping, GO transit, gas, restaurants, etc.), it truly does not get more convenient than this property!! Updated with a full in-law suite (including kitchen, bath, living area, but requires a separate entrance to be a secondary suite), high-end security system, heated, in-ground, saltwater pool with high quality cover and lighting, recently added patio, floored attic with pull down ladder, 2 bedrooms with walk-in closets and central VAC, this property stands a league above the rest in features and quantity of beds/baths!! Perfect for a wholetail, quick flip, rental, or forever home, there is no wrong way to invest and profit from this incredible property!!

We are selling our assignable purchase contract.

Closing is February 11th, 2022
**As per our APS, the Seller is permitted to shorten the closing 1 time by up to 30 calendar days. 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
  • 5+1 bedrooms (4 bedrooms, as per MPAC)
    • Master bedroom features a gas fireplace, walk-in closet, and ensuite bathroom
    • The secondary bedroom that is currently set up as a workout space also features a walk-in closet
  • 5 bathrooms (2.5 bathrooms, as per MPAC)
    • 4-piece master ensuite
    • 4-piece bathroom is located on the second floor, and is connected to 2 of the secondary bedrooms
    • An additional 4-piece bathroom is located on the second floor, connected to the other 2 secondary bedrooms
    • 2-piece bathroom is located on the main floor
    • 4-piece bathroom is located in the basement
  • Built in 2006
  • Above grade: 2560 sq ft (as per MPAC)
    • First floor: 1165 sq ft (as per MPAC)
    • Second floor: 1395 sq ft (as per MPAC)
  • Finished basement: 1165 sq ft (as per MPAC)
    • Ceiling heights:
      • 8 ft to joists (Buyer to verify)
      • 7.6 ft to ceiling tile (Buyer to verify)
    • Basement was finished by the Seller, and is currently set up as an in-law suite
      • Includes: a kitchen, 4-piece bathroom, living area, as well as 1 bedroom
      • There is currently no separate entrance to access the basement from the outside
  • Separate entrances:
    • Front door opens to main entrance way
    • Sliding glass doors in the kitchen eat-in area lead out to the back patio area
    • Door in the laundry room also leads out to the patio area
  • Flooring: hardwood, laminate, tile, carpet
    • Dining room flooring updated 2-years-ago (as per Seller)
  • All appliances are included
    • Washer & dryer were purchased in 2011 (as per Seller)
    • Gas stove and refrigerator were new upon move-in (in 2011, as per Seller)
  • 100 AMP breaker panel
  • Gas furnace is owned, and is original from 2006 (as per Seller)
  • HWT is rented, and was installed in 2018 (as per Seller)
  • AC is owned, and is original from 2006 (as per Seller)
  • Central VAC
  • Wired security system throughout the whole house + ring security doorbell included (as per Seller)
  • Additional gas fireplace located in main floor living room
  • Flooring and storage space were added to the attic, with pull down ladder for easy access (as per Seller)
    • Ceiling in the second floor hallway has been repaired, as the Seller fell through the ceiling while completing the attic (as per Seller) — see HERE & HERE
  • All windows were updated in 2011 (as per Seller)
    • California shutters and custom window finishes were done prior to move-in (as per Seller)
  • Roof is original from 2006, and will need to be redone (as per Seller)
  • Backyard features:
    • Heated 16 x 32 saltwater pool, with lighting was added in 2010 (512 sq ft, as per MPAC)
      • Pool cover is only 3-years-old, and can support being walked across (as per Seller)
    • Shed complete with outdoor audio system (Paradigm rock speakers included) and all mechanical components of pool housed inside (as per Seller)
    • Patio was installed 6-years-ago (as per Seller)
  • On municipal services
  • 2-car, attached garage with in-house access (480 sq ft, as per MPAC)
  • Parking for 4 cars in the driveway
  • Property taxes: ~$6000/year (Buyer to verify)
  • Lot size: 49.87 ft x 114.83 ft (as per MPAC)
  • Zoning: not listed (as per MPAC)
    • Based on Zoning Map 2 pg. 3 (which can be downloaded HERE), we believe that this property is likely zoned R1-100 (Buyer to verify). The Zoning Bylaw for Georgina’s R1 zone can be found HERE

PROPERTY NEEDS

  • Minor cosmetic updating, if desired

 

Please click HERE for more pictures and information.

Price:
$1,130,000
Address:
Richmond Park Dr & Whitestone Dr
Georgina, ON
Square Feet:
2560
Lot Size:
49.87 ft x 114.83 ft
Bedrooms:
6
Bathrooms:
5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
2006
Basement:
Finished

Call (647) 400-2093 for more details

Property Location