Basics
- Date added: Added 3 years ago
- Category: British Columbia
- Bedrooms: 4
- Bathrooms: 2
- Area: 1869 sq ft
- Lot size: 7260 sq ft
- Year built: 1977
Description
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Description:
This detached property is bursting with untapped potential and offers an enticing investment prospect. Known for its “BC Box” style, a popular architectural trend in the 1970’s, this split-level entry home holds immense promise. The property was last renovated in the mid-2000s and now presents a unique chance for Investors to profit. You have the option to sell it as-is on the market, capitalizing on its current condition, or take advantage of the opportunity to increase its value with a cosmetic renovation. Situated in a sought-after neighbourhood, this property is just steps away from public schools which adds to its appeal. The property’s tax value is in the mid $900s but you can secure it for less than $700,000, making it an affordable investment. Don’t miss this impressive flip opportunity in Mission at an attractive price point!! We are selling our assignable purchase contract.
Closing is July 28th, 2023
**The Buyer and Seller agree that the seller will be permitted to live on the premises for no later than ninty calendar days after closing. The rate will be $100 per day (excluding utilities, which shall be in the Seller’s name) calculated at a pro-rated basis. $9000 will be held back by the Seller’s lawyer.**
Show all descriptionPROPERTY FEATURES- Detached 1-storey with basement
- Split-level entry
- 4 bedrooms
- 3 bedrooms located on the main floor
- 1 bedroom located in the basement
- 2 bathrooms
- 4-piece bathroom located on the main floor (renovated in the mid-2000s, as per Seller)
- 2-piece powder room located in the basement
- Built in 1977
- Total interior square footage: 1869 sq ft (as per BC Assessment)
- Main floor: 1064 sq ft (as per BC Assessment)
- Features 3 bedrooms, 1 bathroom, a living room, a kitchen and a dining room
- Basement: 805 sq ft (as per BC Assessment)
- Features 1 bedroom, 1 bathroom, a laundry room/flex room, a furnace room and a storage room
- Basement can be accessed through the garage
- Main floor: 1064 sq ft (as per BC Assessment)
- All kitchen and laundry appliances will be included
- Kitchen has laminate countertops, wooden cabinets and does not have a dishwasher (renovated in the mid-2000s, as per Seller)
- Flooring: hardwood, carpet, tile, sheet vinyl and laminate
- 100 AMP breaker panel
- Gas furnace is an unknown age, appears to be over 10-years-old but is not original to the property
- HWT was replaced in the mid-2000s (as per Seller)
- Windows on the main floor are double pane vinyl (replaced in the mid-2000s, as per Seller)
- Basement windows are double pane aluminum and appear to be original to the property (Buyer to verify)
- Roof shingles were replaced in 2020 (as per Seller)
- Large deck is accessed through the living room on the main floor
- Exterior is plaster and vinyl siding
- Chain link fence surrounds the backyard
- On municipal water and sewer
- Single car attached garage with electric opener
- Basement and backyard can be accessed from the garage
- Driveway has parking for up to 3 cars (Buyer to verify)
- Lot size: 7260 sq ft, rectangle lot
- Zoning: R558 Urban Residential (as per THIS zoning map)
- R558 zoning allows one Single Family Dwelling along with compatible Accessory Uses:a. Accessory limited to: i. Accessory Building, and ii. Accessory Structure. b. Agriculture limited to: i. Agriculture (Hobby Greenhouse). c. Residential limited to: One of: i. Bed and Breakfast, or ii. Boarding Use, or iii. Residential Care, or iv. Supportive Recovery (R558 Zone only). And: i. Home Occupation. d. Storage limited to: i. Enclosed Storage.(see HERE)
PROPERTY NEEDS
- Cosmetic updates
Please click HERE for more pictures and information.
