Strata Townhome Flip Opportunity in Red-Hot Langley City!! Assigned

  • $490,000
  • 4 beds
  • 2 baths
  • 1328 sqft
Assigned

This 3+1 bedroom strata townhouse located in Langley City provides an economical flip opportunity for any Investor! This property is located in Langley City, within walking distance to schools, a shopping mall, parks & Nikomakel Walking Trail. Featuring 3 bedrooms upstairs, 1 bedroom on the main floor, and 1.5 bathrooms, this strata townhouse is an ideal choice for families. Langley has been identified as a piping-hot market, with townhomes selling quickly at hundreds of thousands over asking price. At only $490,000, you can’t pass up this opportunity for a quick and profitable flip!

We are selling our assignable purchase contract.

Closing is August 16th, 2021
**As per our APS, the Seller has the right to move closing date earlier or later by 30 days with appropriate notice. The Seller is also permitted to leave up to 10 bags of belongings, and 5 pieces of furniture on the property.**

PROPERTY FEATURES
  • 2-storey, strata townhouse
  • 3+1 bedrooms
    • Master bedroom has walk-in closet
    • 3 bedrooms located upstairs
    • 1 bedroom located on main floor is a former eat-in area connected to the kitchen. Can easily be converted back, but is also an excellent use of space, particularly to be utilized as a home office during COVID.
  • 2 bathrooms
    • 4-piece bathroom on top floor
    • 2-piece bathroom on main floor
  • Built in 1977
  • Total floor area: 1328 sq ft (as per BC assessment)
  • Galley-style kitchen
  • Second floor foyer opens to the main floor
  • Flooring is a mix of older laminate and tile throughout the unit
  • HWT is owned, and approximately 6-years old (as per Seller)
  • Electric baseboard heating throughout entire property
  • Windows and patio door appear to be newer, based on a listing in the same complex we believe they were updated by the strata in approximately 2018 (Buyer to verify)
  • Roof is unknown age
  • Beautiful white vinyl fencing was recently installed throughout the complex, siding on the units was also replaced, and driveway asphalt was redone. Based on a listing in the same complex we believe they were updated by the strata in approximately 2018 (Buyer to verify)
  • Fenced backyard with garden
  • Large, attached storage shed located in front of the unit
  • Strata (condo) fee: approximately $450-550/month (as per Seller)
    • Includes: garbage pickup, exterior maintenance, fire insurance, gardening, and 2-car parking spaces available (Buyer to verify)
    • Pets are allowed (with restrictions)
    • Rentals are allowed (with restrictions)
PROPERTY NEEDS
  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$490,000
Address:
20301 53 Ave
Langley, BC
Square Feet:
1328
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Townhouse
Year Built:
1977

Call (647) 400-2093 for more details

Property Location