Summary:
This is a rare opportunity to purchase a single-family home for less than 200k, as almost all recent sales in Tower Drive were well over $350,000. This is the cheapest active property available in Tower Drive at the time of this email.
Take advantage of this amazing undervalued property sitting on almost one acre of lot size. This property perfectly fits the model for a fix-and-flipper or using the BRRRR strategy. The property is located 5 minutes drive to the North Bay Golf & Country Club, 2 minutes drive to the North Bay Garland airport and only a 4 minutes drive to the Laurentian Ski Hill.
The property has roughly 800 sq ft of interior living space, and is a 2 bedrooms 1 bathroom property. The property requires full cosmetic renovations throughout such as refinishing floors, paint, bathroom, kitchen etc. to modernize the aesthetics. The property sits on an extraordinarily large lot- boasting a frontage of 204ft and depth of over 300ft. This area is surrounded with many new subdivisions.
With many single family homes near the area of tower drive which have sold over $350k+ it would be a great opportunity to flip or BRRRR this undervalued property with no bidding wars today!
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Property Features:
- Single Family Home
- Detached
Unit breakdown- 2 Bedroom
- 1 Bathroom
- Kitchen cabinet is solid oak
- Size: 800 sqft
- Lot size: 204ft frontage
- New deck
- Roof is ten years old
- Crawl space
Comparables
There have been many single family homes that have sold near tower drive, north bay. Most of the comparable properties are above $350,000.
129 Carmichael Drive– $355k
- Single Family Home
- Detached
- Great condition interior (8/10)
- Unit breakdown:
- 2 bed
- 2 bath
138 Carmichael Drive– $380K
- Bungalow
- 4-bedroom home
- 2 bath home
- All brick home
413 Carmichael Drive– $395K
- Bungalow
- 4-bedroom home
- 2 bathrooms
- All brick/vinyl siding
- Fireplace
- Shingles 2013
183 Bryan Road – $425K
- Single family home
- 4-bedroom home
- 2 bathrooms
- All brick/vinyl siding
- metal roof
- upgraded kitchen
- new paint, floor, doors
41 Pierce Street– $410K
- Bungalow
- 4-bedroom home
- 2 bathrooms
- All brick/vinyl siding
- Fireplace
- Freshly painted
- New Cabinets