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October Deals - Power of Sale, Bank, Estate and Fixer Upper Properties
POWER OF SALE - Scarborough
Semi - Detached Home $589,000
Location - Meadowale / Sheppard
Spacious 4 Bedroom Semi In Great Neighbourhood! Finished Basement With Kitchen And Full Bathroom. This Home Boasts A Functional Layout With Tasteful Renovations, Huge Backyard, Spacious Rooms And No Carpet! Short Distance To Many Amenities: Ttc, Hwy 401, Shopping, Uoft Scarborough Campus.
POWER OF SALE - NEW MARKET
Great Location Bayview/Mulock $ 609,000
Beautiful Detached House 03 beds 02 washrooms
Updated 4 Bedroom Bungalow Located On A Generous Sized 66 By 175 Foot Mature Treed Lot. Spacious Eat-In Kitchen With Centre Island & Hardwood Flooring. Large Combined Living & Dining Room. The Subject Is Listed Under The Heritage Act However It Is Not A Designated Property.
POWER OF SALE - VAUGHAN
Great Location Weston Rd & Rutherford - $739,900
Semi Detached 03 bedrooms 03 washrooms
Bright & Spacious Semi!New Roof, Freshly Painted Thru-Out & New 2nd Flr Laminate, Open Concept Design,Family Size Kitchen W/Centre Island, Breakfast Area & Walkout To Fenced Yard.Entrance From Garage. Oak Staircase.Large Bright Master Bdrm With W/I Closet & 4Pc Ensuite.
POWER OF SALE - RICHMOND HILL
Beautiful Home at Yonge St / Major Mackenzie $849,000
Detached 03 Bedrooms and 03 washrooms
Prime North Richvale Location And Close To All Amenities, Property Has Been Well Maintained. To Be Sold "Where Is As Is" Seller Does Not Warrant Any Retrofit Status Of The Property Buyer To Verify All Measurements And Taxes.
POWER OF SALE - HAMILTON
Detached House - Lewis Rd/N Service $849,900
3 Bedroom Waterfront Bungalow! All Brick Freehold Situated On A Quiet Street Features 3 Main Floor Bedrooms, Large Eat-In Kitchen & Bright Open Living Space With Gas Fireplace And Tons Of Windows That Look Out Over Lake Ontario. Full Unfinished Basement With Separate Entrance From The Side With Walk-Up To The Side/Back Yard. Perfect Set Up For A Small In-Law Suite.
POWER OF SALE - TORONTO
Semi - Detached 03 bedrooms 03 washrooms
Prime location - Leslie/401
Great Opportunity To Purchase A Home In The Desired St. Andrews/Winfield Community
POWER OF SALE - MISSISSAUGA
Detached House - $875,000
Spacious And Well Appointed 03 + 01 bedrooms 02 Washrooms
Central And Conveniently Located Beautiful Bungalow. New Roof & Updated Beautiful Exterior. Basement Has Been Renovated With Separate Entrance For Potential Rental Income. Brand New Deck In The Backyard. Many Upgrades Are Done In The House. Close To Everything, Highways, Schools & Shopping.
Power of Sale when a home is being sold by power of sale it means the mortgage lender, not the homeowner, is selling the property. It’s a remedy available to a lender when the homeowner defaults on their mortgage. Generally offer a great deals yet the property may need much need of essential maintenance work.
Fixer Upper is a property that will require repair (redecoration, reconstruction, or redesign), though it usually can be lived in, the dwelling offered at a bargain price and suitable for improvement by a new owner, often with the object of resale at a considerable profit.
Estate sale is a sale or auction of property owned by a person who is recently deceased or who may be going in to assisted living. The most common reason for an estate sale is the death of the property owner, and the consequent need to quickly liquidate the deceased's belonging, most often the seller has no emotional attachment to the property and the consideration could be financial gain within a short term.
Court Ordered Sale circumstance where the courts have ordered the sale, that is, they have given the right to someone usually the lender/mortgage holder to list and sell the property. Often extends great value with little known conditions attached with the final sale.
Distressed Sale is a circumstance when a property is sold in an urgent manner often occur at a loss because funds tied up in the asset are needed within a short period of time.
The above is some of the circumstances where property is offered at a bargain. Toronto and the GTA is the place for opportunity for real estate investors and house hunters. Location size of the house and lot size are some of the main characteristics offers exceptional value to home owners and investors. To capitalize on these opportunities help of an expert professional real estate agent is of utmost important. Professional real estate agents have access to valuable data on sold statistics in the immediate neighbourhood and markets trends which is not available to public and have the knowledge to guide you all the way when purchasing or buying your life investment.
Great deals are snatched as soon as it hits the market. Timing is everything. Distress, bank, power of sale, estate sale and fixer upper properties offer imperfections to be made perfect for people who could see the potential.
The final outcome of the property depends on the envision of the investor or the home buyer how they want to create wonderful space for future use creating a dream home.
What is your preference? Let us help you with your house hunting.