Flip or BRRRR for Profits in Barrie! 75K Undervalued Home, Quick and Easy Project: 21 Wallace Dr, Barrie, ON
✅ Wholesale Price: $565 (Or Best Offer)
✅ Estimated As-Is Value: ~$640K+
✅ Estimated After Repair Value: ~$720K+
✨Offer Deadline: Oct. 31, 2022
✨Closing: Nov. 18, 2022*
*later close may be possible
Why This Property?
- Flip or BRRRR for profits! A recent comparable house (exact same house, same street), sold for 700K at the end of August. It was in good condition and relatively recently renovated but ARV could be higher in our opinion depending on your renovation goals.
- Quick close, Vacant Possession. Get your project started right away!
- Barrie’s commutable proximity to the GTA makes it constantly in demand, with a population of over 150K and growing every year.
✨Comparables:
🏷7 McVeigh Dr – $773,000 (Sold October 20, 2022)
🏷83 Geddes Cres – $660,000 (Sold October 13, 2022)
🏷10 Wallace Dr – $700,000 (Sold August 25, 2022)
✨For full financial information, videos, and photos check out the link below:
https://mailchi.mp/ontariopropertydeals/21-wallace-dr-barrie-on