Bungalow Flip in Clarington!! Minutes From All 400 Series Highways!! Assigned

  • $529,999
  • 3 beds
  • 1 baths
  • 1200 sqft

Extremely close to all major highways and in the soaring market of Clarington, this 3 bed + den (used as 4 beds), 1 bath, bungalow is the perfect investment property. With renos already started, an addition added on and a HUGE depth of land to build as you see fit, the possibilities with this highly desirable property are endless. The average price for a 4 bed detached property in this hot neighbourhood is $998,000, with an average of $833,000 for detached homes overall. At only $529,999, with a head start on renos, this property is exactly the price point you’re looking for to maximize profits with minimal work!

We are selling our assignable purchase contract.

Closing is May 31st, 2021

PROPERTY FEATURES
  • 3 bed + den
    • Used as 4 bedrooms
    • The den has no window but the Seller was going to install one and they have already purchased the window (window will be left for the Buyer)
  • 1 full bath
  • Built in 1954
  • Above grade: 750 sq ft (as per MPAC; addition not included)
    • 1200-1300 sq ft, addition included (as per Seller)
    • Addition was done in 2018 (awaiting final inspection) — see progress pictures HERE
  • On a crawl space
  • Walk-in closet in master bedroom
  • Laundry is located off of the second bedroom (could be used as a walk-in closet if laundry is moved elsewhere)
  • Newer, 200 AMP breaker panel
  • Gas furnace is from previous owner (approximately 20-years-old, as per Seller)
  • Electric baseboard heating in addition and some parts of the main house (installed in 2018, as per Seller)
  • HWT is rented and is 1-year-old (as per Seller)
  • Central AC is from previous owner and has not worked since this Seller bought the property — at least 13-years-old (as per Seller)
  • Windows in original house updated approximately 16-years-ago (as per Seller)
  • Windows in the addition are from 2018 (as per Seller)
  • ¾ of the roof were updated in 2018 (as per Seller)
    • Final ¼ should be replaced (as per Seller)
  • Septic last pumped in Summer 2020 and was inspected 3-years-ago (as per Seller)
  • Dug well; UV filter for potable water (no softener)
  • 5-car parking on driveway
  • 2 storage sheds included
  • Lot size: 53.87 ft x 404.5 ft
    • Site area: 0.5 acres
  • Zoning: RC-11

PROPERTY NEEDS

  • Finish interior cosmetic updating
  • Finish siding on front of house
  • Central AC most likely needs to be replaced
Price:
$529,999
Address:
Hwy 2 & Solina Rd
Clarington, ON
Square Feet:
1200
Lot Size:
53.87 ft x 404.5 ft
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1954
Basement:
Crawl Space

Call (647) 400-2093 for more details

Property Location