For Sale

$24,900

6843 Temple Drive Northeast, Calgary, AB T1Y 5E7

3+1 Beds 3+0 Baths

Remarks

PLEASE READ IN FULL BEFORE CALLING !!!! Selling a half equity stake in this property. YOU WILL NOT GET POSSESSION... YOU WILL NOT BE MOVING IN WITH CURRENT OWNER. Here is the math. Last known amount owing on CIBC mortgage was 230K. Current Value of home in its current condition would be about 350. Therefore... equity in house is approx. 350-230=120K. We are selling half of this equity for only 24,900. Renovated value on this home would easily be 400K. Owner is an unwilling seller with a debt owing to another financial institution other than the mortgage holder. You would then own half the equity... so a value of about 60K for only 25K ask. You would then register your lien and interest on title and wait it out... wait for the current owner to sell or go into default... you are on title then you swoop in and pay out the mortgage and have a whole house for balance owing on mortgage plus whatever you buy this for. You park some money here for a future profit. For a very clear understanding of what you are buying.. text us for a copy of the offer to purchase

Inclusions:

NA

Property Summary

  • Lot Size: 5307 Square Feet
  • Floor Space (approx): 1115.00 Square Feet
  • Built in: 1980
  • Bedrooms: 3+1
  • Bathrooms (Total): 3+0
  • Zoning: R-C1

Property Features:

  • Architectural Style:
    3 Level Split
  • Construction Materials:
    Wood Frame
  • Cooling:
    None
  • Exterior Features:
    None
  • Flooring:
    Carpet , Ceramic Tile
  • Foundation Details:
    Poured Concrete
  • Heating:
    Forced Air , Natural Gas
  • Interior Features:
    See Remarks
  • Levels:
    3 Level Split
  • Parking Features:
    Double Garage Attached
  • Roof:
    Asphalt Shingle
Lifestyle
Neighbourhood Info
Jobbagy Stephen and Associates

Jobbagy Stephen and Associates

Phone:  403.253.1901

Royal LePage Benchmark, Brokerage (Independently owned and operated)

110 - 7220 FISHER STREET SE
Calgary,  AB T2H2H8

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