!!FIXER-UPPER SPECIAL!! Condo Townhouse End-Unit In Extremely Low Inventory Market In Beamsville!! Assigned

  • $460,000
  • 4 beds
  • 2 baths
  • 1200 sqft
Assigned
With prices quickly on the rise in Niagara, here is an investment opportunity where you can purchase 1,200 sq ft for under $500,000!! A savvy Investor must act fast because this condo townhouse is a clear winner at our wholesale price, and it will surely move fast with: 3+1 bedrooms, a 1-car garage + parking space, full basement, and an end-unit next to ample downtown amenities and the bus line!! Positioned in a market with almost NO inventory for townhouses, this condo’s unrivalled location will bring out end-buyers and Investors from all walks of life. This property is available at what 1-bedroom stacked townhouses trade for in town, and is not to be missed!!

We are selling our assignable purchase contract.

Closing is February 3rd, 2022
**As per our APS, the Buyer agrees to cover the Seller’s legal fees on the sale up to an amount that shall not exceed $1,500 (HST included).**

PROPERTY FEATURES
  • 3+1 bedrooms
    • There is an additional room in the basement where the breaker panel is located that could be used as a spare bedroom or den. Seller states they added the basement bedroom(s) when they purchased (Buyer to verify)
  • 2 bathrooms
    • 4-piece bathroom is located on the second floor
    • 2-piece bathroom is located on the main floor
  • Built in 1983
  • Above grade: 1200 sq ft (as per MPAC)
    • First floor: 600 sq ft (as per MPAC)
    • Second floor: 600 sq ft (as per MPAC)
  • Finished, full basement: 600 sq ft (as per MPAC)
    • Laundry area is located in the basement
    • According to our Acquisition Rep, the basement smelled a bit damp (Buyer to verify)
  • All appliances will be included
  • Gazebo with curtain and lights will also be included
  • There is a skylight located in the front hallway
  • 100 AMP breaker panel
    • The panel is currently missing its cover (as per Seller)
  • Natural gas furnace is owned, and is very old (exact age is unknown though it should be replaced, Buyer to verify)
  • HWT is rented, and is new (as per Seller)
  • Central AC is owned, though is currently missing a part and is not connected (as per Seller)
  • Copper wiring and plumbing (Buyer to verify)
  • Windows are in good condition, but will need to be deep cleaned
  • Roof was recently replaced by the condo board (as per Seller)
  • Backyard features:
    • New patio stones (as per Seller)
    • Pergola with lattice panelling
    • New privacy fence (as per Seller)
  • Front entrance is enclosed with room for a chair or bench
  • As a corner unit, this townhouse is one of the few to have a side yard where you can walk through a gate and enter the house instantly at the back
  • Brick and vinyl exterior
    • There may be a lateral crack along the side of the house that has been painted in white (see HERE) — Buyer to verify
  • 1-car, attached garage with in-house access and a manual door (240 sq ft, as per MPAC)
  • 1-car, private driveway (at no additional expense, as per Seller)
  • On municipal services
  • Condo fees: between $280 and $320 (Buyer to verify)
    • Fees include: building insurance, water, exterior maintenance, snow removal, roof and windows (Buyer to verify)
  • Vacant possession

PROPERTY NEEDS

  • Full cosmetic updating
  • Water line needs a new shutoff valve (as per Seller)

 

Please click HERE for more pictures and information.

Price:
$460,000
Address:
Ontario St & Alyssa Dr
Beamsville, ON
Square Feet:
1200
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1983
Basement:
Finished

Call (289) 200-1500 for more details

Property Location