I have recently just completed 3 new projects that have all gone on the market within the last 2 weeks. Each one has something to offer to different types of buyers, so they will appeal to a wide spectrum of people:
1) Completely renovated 2 bedroom townhome in Millwoods. This one is perfect for first time homebuyers, as it comes in at a great price point of $195,000 and doesnt need any work. Has a nice cozy easy to maintain front yard, all new bamboo hardwood flooring, new kitchen, new bath, and completely finished basement. Move in ready!
2) Completely renovated 1 bedroom condo at 9730, 156st. Investors delight – listed at $99,000 and everything has been upgraded, including all new kitchen, bath, floor, appliances and paint and floor. It rents for $850 month. With 25% down (so a 75,000 mortgage) costs are about $300 month mortgage, $220 month condo fees, and $80 month property taxes, you could be looking at about $250/month profit. Thats a Debt Service Ratio of 1.4!!
3) Completely upgraded huge 1 + den condo in beautiful high rise downtown (almost 1200 sq feet!). For the working professional, this is the ideal home. Listed at $257,900 it will be tough to find another condo like this. Beautiful sliding doors give the option for a second bathroom. Everything has been updated and it shows great!
For more info on these properties, or any others you have in mind, do not hesitate to send me an email!