Detached Backsplit Quick Flip in Cambridge!! Assigned

  • $575,000
  • 3 beds
  • 2 baths
  • 700-1099 sqft
Assigned

Located on a quiet cul-de-sac in the Lang’s Farm neighbourhood, this detached, 3-level backsplit is priced to sell!! Close to Hespeler Rd, Hwy 401, parks, grocery, gas, LCBO, and numerous other amenities, this property offers an abundance of conveniences. The main interior is open-concept, with island kitchen and vinyl floors, and the property itself features good lot depth for backyard improvements. With only a little bit of TLC required, this split-level is basically turnkey, and will not be too labour-intensive for the Investor. Excellent profit to be made on this straightforward cosmetic flip in a growing city of KWC, so don’t miss out!!

We are selling our assignable purchase contract.

Closing is September 24th, 2021
**As per our APS, the Seller may advance the closing date 1 time as early as thirty 30 calendar days, provided the Seller notifies the Buyer at least 21 calendar days before the new closing date. The Buyer also agrees to pay the Seller’s legal fees on the sale, up to an amount that shall not exceed $1,500 (HST included).**

PROPERTY FEATURES
  • 3 bedrooms
  • 2 bathrooms
    • 4-piece bathroom is located on the second floor
    • 2-piece bathroom is located in the basement
  • Built in 1972
  • Above grade: 700-1099 sq ft (as per MPAC)
    • Was listed as being 1100 sq ft, excluding the basement (as per old listing)
  • Partial basement: 400-699 sq ft (as per MPAC)
    • Partially finished
    • Drywall and dropped ceiling
    • Laundry area
    • Carpet was ripped out due to HWT leak several years ago. The HWT has been replaced and the leak is no longer active (as per Seller)
  • Large crawlspace is located under living room, and is insulated (accessed in basement)
  • Separate entrances:
    • Front door opens to main entrance way
    • Side entrance opens to a landing, which leads either up to the main floor, or down to the basement
    • Door in garage opens out to the backyard
  • Only the stackable laundry units will be included
  • Kitchen features some new cabinets, as well as an island with pot lights (see HERE)
  • Large bay window at the front of house provides ample natural light
  • Flooring is a mix of hardwood, vinyl, and tile
    • Original hardwood floors in all bedrooms (as per Seller)
    • New waterproof vinyl floors in living room, full bathroom, and kitchen (as per Seller)
  • Fuse panel
  • Gas furnace is owned, and is approximately 8-years-old (as per Seller)
  • HWT is rented (as per Seller)
  • Central AC is owned, and is approximately 8-years-old (as per Seller)
  • Water softener is owned
  • Roof is approximately 9-years-old (as per Seller)
  • Backyard features a patio area, as well as a wooden shed
  • Brick and aluminium siding exterior
  • On municipal services
  • 1-car, attached garage features an automatic door and an exit to the backyard
  • Parking for 4+ cars on private driveway
  • Lot size: 45 ft x 115 ft (as per MPAC)
  • Zoning: R5 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$575,000
Address:
Michael Cres & Valentine Dr
Cambridge, ON
Square Feet:
700-1099
Lot Size:
45 ft x 115 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1972
Basement:
Partially finished

Call (647) 400-2093 for more details

Property Location