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Investors, are you looking to buy a property in a large corner lot in a highly desirable pocket? Profitable Property would like to present to you this beautiful bungalow located in Newcastle, Clarington. You’d be hard pressed to find more value at this price point that's within an hour of downtown Toronto.
Surrounded with neatly trimmed hedges, this bungalow has solid bones and is ready to be fully optimized by an investor looking to get their hands on a great property. The house is currently dated and could use some cosmetic renovations in order to be brought up to modern standards. Although the house is dated, it is still in livable shape- for those looking to get A lender financing and slowly renovate the property over time as a primary residence or a long term hold, you don't need to get expensive private financing.
Newcastle has always been a desired area, with large houses on well manicured lots. With the market starting to pick up, this would be a perfect fit for an investor looking to acquire a solid bungalow in a nice neighbourhood, all for a price under $600k - leaving you with enough room for a decent spread & for an end user to be able to purchase it for under a million. That’s what we call a Profitable Property!
CLOSING: May 31st, 2023
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