80K+ Undervalued Home in Prime Sarnia Neighborhood! Great First Home or Flip/BRRRR/Short-Term Rental: 65 Maplestone Ave, Sarnia For Sale

80K+ Undervalued Home in Prime Sarnia Neighborhood! Great  First Home or Flip/BRRRR/Short-Term Rental: 65 Maplestone Ave, Sarnia  

✅ Wholesale Price: $350K Or Best Offer)
✅ Estimated As-Is Value: ~$435K
✅ Estimated After Repair Value: ~$520K

Closing: June 22, 2022

Reach out now to scoop up this highly undervalued off-market deal in Sherwood Village, one of the most desirable neighborhoods in Sarnia! 65 Maplestone Ave is a 3 Bed, 1.5 Bath semi-detached single family home in excellent condition that requires only cosmetic renovation to maximize its ARV. This property is discounted so heavily because it is currently tenanted. However, it offers savvy investors who know how to negotiate cash for keys with multiple exit strategies including a Flip, BRRRR, or short-term rental. It also presents a unique opportunity for a first time home buyer to buy off-market. A neighboring renovated 2 bed townhome (row house) recently sold for 420K, this home is larger with more beds and semi-detached! Check out the photos and video below and contact Peter today at 647 955 0843 to place an offer or learn more about this opportunity.

65 Maplestone Ave is a sturdy 2 storey semi detached brick home with brick and vinyl siding. The main floor unit features a large living room and an open kitchen/dining area, with 3 beds and a full bath upstairs. The basement (7.5ft ceiling) has additional rec space, a half bath, laundry and an office. The lot is deep with a nice backyard and features a large walk-out deck as well as a storage shed. Overall the property is in excellent shape and really only requires skillful cosmetic renovation with high end finishes to bring it up to its highest and best use.

Comparable Sales:
🏷1275 Thistledown – $526,000 (Sold March 2022)
🏷215 Trudeau Drive Unit 73 – $420,000 (Sold Feb 2022)
🏷479 Treewood Cres – $626,333 (Sold Feb 2022)
🏷1093 Laurier Cres – $480,000 (Sold Dec 2021)

✨For full information, videos, and photos check out the link below:
https://mailchi.mp/ontariopropertydeals/65-maplestone-ave-sarnia

Address:
Sarnia
Terms:
For Sale
Property Type:
Home

Call 647-955-0843 for more details