Raised Brick Bungalow Flip or Rental In Innisfil!! Assigned

  • $699,999
  • 4 beds
  • 3 baths
  • 1921 sqft

Situated on a large lot, this 4 bed, 2.5 bath, raised bungalow with a 2-car, attached garage is perfect for a flip with the option to create an in-law suite on the ground floor (all above-ground living)! Already wired and plumbed to add a kitchen and full bathroom, the finished ground floor has almost 9 foot ceilings, a walkout, and bay windows in the bedroom. With a GO station that’s already broken ground within walking distance, this property is incredibly desirable and you truly can’t go wrong with this beautiful, spacious property. Don’t miss out!!

We are selling our assignable purchase contract.

Closing is August 19th, 2021

PROPERTY FEATURES
  • This property is a raised bungalow but is more like a 2-storey with no basement. The ‘basement’ of the bungalow is completely above ground with almost 9 foot ceilings. The MPAC lists the lower level as first floor and the upper level as second floor. There is no basement on the MPAC.
  • 4 bedrooms
    • 3 bedrooms are on the upper floor
    • 1 bedroom is on the ground floor
  • 3 bathrooms
    • 2 full bathrooms on upper floor (ensuite in master)
    • Powder room on ground floor
  • Rust stains in showers are from mineral build-up. We believe these can be easily cleaned with CLR and/or TSP. The Seller has installed a water softener and this should help as well.
  • Built in 1999
  • Total above grade: 1921 sq ft (as per MPAC)
    • Upper floor: 1199 sq ft
    • Ground floor: 722 sq ft 
      • Ceiling height of 8.766 ft (see HERE)
  • Ground floor used to have a kitchen (current Seller removed it and is using it as only a living space with a bedroom) — see picture of previous kitchen HERE
  • Ground floor used to have a full bathroom in a different location (there is now a powder room somewhere else) but the hookup for a shower is still there — see HERE
  • Ground floor living area has a gas stove
  • All flooring, vanities, mirrors and appliances are included and 7-years-old (as per Seller)
  • Front entrance leads to a landing where you can either go to upper or ground level (there is no ‘main’ floor) — see HERE
  • Other entrances:
    • Side of house to laundry room on ground floor (see HERE)
    • Entrance from garage to laundry room as well
    • Back entrance from backyard to living area of ground floor (see HERE)
  • 100 AMP breaker panel (located in garage)
  • HE gas furnace (installed in 2015, as per Seller)
  • Central AC (updated 2019, as per Seller)
  • HWT is owned (installed 2019, as per Seller)
  • Water softener is owned (installed 2020, as per Seller)
  • Roof was updated in August 2018 with 30-year shingles (as per Seller)
  • Windows have not been updated by this Seller
  • Municipal sewer
  • Drilled well
  • Driveway was refinished in 2020 (as per Seller)
  • 2-car, built-in garage (480 sq ft, as per MPAC)
  • 4-6 car driveway
  • Lot size: 50 ft x 150 ft
  • Zoning: A4-1 (as per MPAC)
    • We believe the zoning for this property is actually R1 (see HERE)
    • R1 zoning allows for an accessory second dwelling unit (see HEREHERE)

PROPERTY NEEDS

  • Cosmetic updating
  • The Investor has the possibility to convert the ground level into an accessory second dwelling unit
Price:
$699,999
Address:
20th Sideroad & Belle Aire Beach Rd
Belle Ewart, ON
Square Feet:
1921
Lot Size:
50 ft x 150 ft
Bedrooms:
4
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1999
Basement:
Finished

Call (647) 400-2093 for more details

Property Location