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Right at the heart of Uxbridge, and within walking distance to the downtown area is this 2001 built bungalow.
Top 3 reason to Buy this Deal:
This house sits on a 55.81ft. x 132.01ft. lot at a prime location- custom homes are currently being sold on the same street for over $1.3 million.
Its close proximity to downtown Uxbridge and everything else makes it perfect for a family home and as a rental property.
The large discount - the property was appraised 2 months ago for $960k. It is available to you today at almost $100k below what it was appraised for.
This property is currently outdated and needs some cosmetic updating to be bought to top market value. However, don’t let that scare you - the roof was replaced 4 years ago, the furnace motor was replaced this year, and the HWT is a rental. The renovations required are cosmetic in nature.
Uxbridge is a very desirable community with an average house price of $1.2 Million. It is popular among retirees and high net worth individuals. Wholesale deals are very rare in a town like Uxbridge, where homeowners usually have a very high amount of equity in their homes.
Buy this deal, do a cosmetic reno, and sell for a profit. Better yet, add a unit into the basement and hold onto it for a few years while collecting premium rents. This is also a great opportunity for investors looking for a primary residence in a great town that is within 30 minutes of the GTA. Take advantage of this rare opportunity in Uxbridge!
Closing Date: August 15th, 2023 (Flexible)
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