110K UNDEVALUED BRICK DETACHED SINGLE FAMILY HOME IN BARRIE For Sale

  • $690,000

Wholesale Price: $690K OBO
Estimated As-Is Value: ~$800K
Estimated After Repair Value: ~$870K+

✨Closing: May 2nd, 2022

This is your opportunity to purchase a gorgeous brick century home in Barrie! Barrie’s population growth has exploded the past years, currently over 150,000 living in the city, and is only 1 hour from Downtown Toronto. This property is walking distance to the waterfront on Lake Simcoe and nearby many parks, shops, retail stores and restaurants. Recent comparables have been trading well over $800,000 in this location with houses not being brick. This makes this property a rare find and with 110k+ equity on the buy, is a home-run for any savvy investor. Take this on as your next flip, wholetail, BRRRR or long-term rental with excellent returns both in the short-term and long-term. Make sure to reach out quickly as this opportunity won’t last!

Calling all investors, this is your chance to purchase an easy lipstick renovation project with tremendous upside potential and significant equity upside on the buy. Barrie is an amazing city with phenomenal long-term growth with its growing population, with already over 150,000+ citizens, and is close proximity to major cities. Major employers include IBM, Coca-Cola, Royal Victoria, Regional Health Care, Hydro One., Education and Georgian College and many more. With a diverse economy, Barrie is primed for long-term economic growth.

✨Comparables:
325 Innisfil St – $860,500 (Sold Jan 2022)
32 Centre Street – $730,307 (Sold Nov 2021)
17 Centre St – $1,250,000 (Sold Oct 2021)
173 Anne St S – $880,000 (Sold Sep 2021)

✨For full information, videos, and photos check out the link below:
https://mailchi.mp/ontariopropertydeals/304-innisfil-st-barrie

 

✨Call or email Austin for any questions:
📱 647-933-5598
📧 austin@ontariopropertydeals.ca

 

Price:
$690,000
Address:
Barrie
Terms:
For Sale
Property Type:
Home

Call 647-955-0843 for more details