Contact for price
Detached Bungalow | 3 2 Beds | Separate Entrance | $789,900
Description
BUY THE HOUSE. ADD THE VALUE YOURSELF.
A solid detached brick bungalow in a quiet Scarborough pocket, being offered before MLS for $789,900.
This home is not being presented as move-in ready. It needs updating, and the price reflects that. The opportunity is for a buyer who wants to renovate to their own taste rather than pay for someone else’s finishes and markup.
Suitable for an owner-occupier, multi-generational family, first-time buyer exploring income potential, or investor looking for a property with several possible exit strategies.
Property Highlights
• 3 bedrooms upstairs 2 bedrooms downstairs
• 2 full bathrooms
• Separate entrance to the lower level
• Lower level includes a kitchen, full bathroom and 2 bedrooms
• Private driveway - 5 cars
• Solid detached brick bungalow
• Quiet, established Scarborough neighbourhood
• Updating required throughout
• Seller has not disclosed any known urgent structural issues
The Numbers
Recent renovated comparable homes in this Scarborough pocket have sold between approximately $835,000 and $930,000, depending on condition, size and finish.
Asking / Offered at: $789,900
The difference gives a buyer room to renovate and create value. A renovation budget of approximately $50,000 or more should be anticipated, depending on the scope of work, finishes and intended use.
Comparable MLS sales are available upon request.
Several Ways to Approach It
Renovate and move in.
Live upstairs and use the lower level for extended family.
Explore the possibility of rental income to help offset carrying costs.
Renovate and hold as a long-term investment.
Renovate and resell.
Professional interior photography and a floor plan will be available shortly. Private viewings are available now by appointment.
Message for the address, comparable sales and available viewing times.
Please note that the legal registration of the lower level as a second dwelling unit has not been confirmed. Buyer must verify its legal status and permitted use independently. All information is believed to be accurate but is not warranted. Buyers must independently verify measurements, taxes, zoning, condition, renovation costs and all other information.
Contact Taran (call/text) at 365-645-7332
A solid detached brick bungalow in a quiet Scarborough pocket, being offered before MLS for $789,900.
This home is not being presented as move-in ready. It needs updating, and the price reflects that. The opportunity is for a buyer who wants to renovate to their own taste rather than pay for someone else’s finishes and markup.
Suitable for an owner-occupier, multi-generational family, first-time buyer exploring income potential, or investor looking for a property with several possible exit strategies.
Property Highlights
• 3 bedrooms upstairs 2 bedrooms downstairs
• 2 full bathrooms
• Separate entrance to the lower level
• Lower level includes a kitchen, full bathroom and 2 bedrooms
• Private driveway - 5 cars
• Solid detached brick bungalow
• Quiet, established Scarborough neighbourhood
• Updating required throughout
• Seller has not disclosed any known urgent structural issues
The Numbers
Recent renovated comparable homes in this Scarborough pocket have sold between approximately $835,000 and $930,000, depending on condition, size and finish.
Asking / Offered at: $789,900
The difference gives a buyer room to renovate and create value. A renovation budget of approximately $50,000 or more should be anticipated, depending on the scope of work, finishes and intended use.
Comparable MLS sales are available upon request.
Several Ways to Approach It
Renovate and move in.
Live upstairs and use the lower level for extended family.
Explore the possibility of rental income to help offset carrying costs.
Renovate and hold as a long-term investment.
Renovate and resell.
Professional interior photography and a floor plan will be available shortly. Private viewings are available now by appointment.
Message for the address, comparable sales and available viewing times.
Please note that the legal registration of the lower level as a second dwelling unit has not been confirmed. Buyer must verify its legal status and permitted use independently. All information is believed to be accurate but is not warranted. Buyers must independently verify measurements, taxes, zoning, condition, renovation costs and all other information.
Contact Taran (call/text) at 365-645-7332
When you call, please mention you found this ad on OKZ.ca
Contact for price
Detached Bungalow | 3 2 Beds | Separate Entrance | $789,900
Resolve Real Estate
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Feb 2018
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