Deeply Discounted 3-Bedroom Strata Townhome Flip in Mission!! Assigned

  • $299,000
  • 3 beds
  • 1 baths
  • 1595 sqft
Assigned

This 3-bedroom townhome is available at an exceptionally low price!! Located in a ravine setting near restaurants, shopping and Lougheed Hwy, this property is an ideal candidate for new or seasoned Investors alike. This property is in an active, family-friendly, self-managed strata with roofing and windows recently replaced on all of the units. The property features 2-storeys of living space, plus a basement rec room/flex room that is ready for all of your ideas. By purchasing this property you immediately gain over $100,000 in equity — a fabulous starting point for a highly profitable flip!!

We are selling our assignable purchase contract.

Closing is November 18th, 2021

PROPERTY FEATURES
  • 2-storey strata townhome with basement
  • 3 bedrooms
    • Master bedroom features his and hers closets
    • The third bedroom is smaller than the first 2, and it does not feature a closet
  • 2 bathrooms (1 bathroom, as per BC assessment)
    • 2-piece bathroom located on the main floor
    • 4-piece bathroom located on the second floor
  • Built in 1981
  • Total square footage: 1595 sq ft (as per BC assessment)
  • First & second floor: 1216 sq ft (as per BC assessment)
  • Basement: 379 sq ft (as per BC assessment)
    • Basement is partially above grade
    • Rec room/flex room
    • Laundry area
    • Storage under the stairs
    • Exit to the carport
    • A small section of the drop ceiling has been previously repaired, however it does not sit flush with the remainder of the ceiling and will require further repair (see HERE, 8:12-8:18)
  • Separate entrances:
    • Front door opens to a landing, with stairs to either go up to the main floor, or down to the basement
    • Sliding glass doors in the main floor living room open out to the front balcony space
    • Sliding glass doors in the kitchen lead out to the backyard
    • Door in the basement leads directly out to under the carport
  • Fridge, dishwasher, oven, washer & dryer will all be included
  • Main floor features a living room with balcony access, as well as an area where a formal dining table could fit
  • Wood burning fireplace located in the main floor family room (has not been used in the past 10 years, as per Seller)
  • There is a skylight above the stairwell leading to the second floor. The skylight is not leaking, however the ceiling around it will require cosmetic repair (see HERE, 2:51-3:10)
  • 100 AMP breaker panel (panel was replaced in 2020, as per Seller)
    • When the panel was replaced, they did not properly frame the panel into the wall of the basement, and some wires remain exposed (see HERE)
  • Gas furnace is owned, and appears to be original from 1981 (as per Seller)
  • HWT is owned, and was installed in 2016 (as per Seller)
    • There was a pipe leak near the HWT in the basement that is now repaired, however a water stain on the wall still remains (see HERE)
  • Roof was replaced in 2017 by the strata (as per Seller)
  • Windows and sliding doors were all replaced in 2017 by the strata (as per Seller)
  • Stucco exterior
  • On municipal services
  • Property features:
    • Backyard
    • Concrete patio
    • Fencing on each side of the backyard, as well as a stone wall at the back of the property
    • Property backs on to a forested area, with no direct rear neighbours
  • 1-car, attached carport with basement access
  • Driveway is short, and does not appear as though it could accommodate a second vehicle
  • Visitor parking is available in the strata (Buyer to verify exact amount of spots)
  • Strata fee: $289/month (Buyer to verify)
    • Fees include: garbage removal, maintenance
    • The strata is self-managed
    • There is no age restriction in this complex
    • Pets are allowed in this complex (limit of 2 per unit, Buyer to verify)
    • Rentals are allowed in this strata, with restrictions. The Seller is not aware of the number of rentals allowed nor if the rental limit has been reached in the complex (Buyer to verify)
PROPERTY NEEDS
  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$299,000
Address:
32705 Fraser Cres
Mission, BC
Square Feet:
1595
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Townhouse
Year Built:
1981

Call (647) 400-2093 for more details

Property Location