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5057 Pinedale Ave, Burlington
OFFER DEADLINE: Friday May 15th @ 1pm
Closing Date: June 8, 2026
**Please note – the probate application has been submitted and further delays are not expected, but cannot be guaranteed.**
*The Buyer and seller agree that if the probate process is not completed by the scheduled closing date (June 8 2026) the parties agree to automatically extend the closing date in increments of fifteen (15) business days or to such other later date as may be mutually agreed upon in writing; until such time as probate has been finalized and the estate is legally able to convey title to the property. Such extensions shall occur without penalty to any party*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- EASY COSMETIC FIX & FLIP: This property has already been emptied, so save big on junk removal! Start renovations on day 1 with a full cosmetic renovation to bring this property back to life, and still make it in time for the summer market!
Details
- Condo Townhouse
- Beds: 3
- Baths: 1.5
- 1220 sqft above ground, 578 sqft basement
- 1 car attached garage
- Built in 1976
- Partially finished basement, no separate entrance, approx. 7-7.5ft throughout
- Condo Fees – $500, covers snow removal of general areas, landscaping, amenities, roof, windows, fence etc.
- Property taxes are approximately $3012
Mechanical & Systems
- Electrical: Breakers, 100amp, buyer to verify
- Heating: Baseboard heat, no furnace
- A/C: None
- HWT: Rental, to be assumed by buyer
- Appliances included: Fridge, Stove, Washer, Dryer in as is condition
Important Notes
- Seller has the option to leave junk behind, however the property has already been emptied!
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.
- Wholesale Price: $499,999 or Best Offer
- We believe that after the recommended renovations are completed, this property should be worth at least $720,000 on the market!
- Purchase today for $220K SPREAD TO ARV!
Comparable Analysis |
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| Unit 71-528 Sheraton Road sold for $720,000 only 5 days ago after less than 1 month on the MLS! This comparable is a renovated replica of the subject property – similar square footage, 3 bedrooms, 1.5 bathrooms, and a 1 car attached garage. This comparable has been nicely renovated throughout, even with carpet flooring upstairs and in the basement. However, this comparable backs onto the main road whereas the subject property does not, making the subject property superior. Additionally, this comparable upgraded to a heat pump, whereas the subject only has baseboard heat. After completing the recommended renovations, we believe the subject property will sell for $720,000 on the MLS! |
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| Unit 23 – 5017 Pinedale Avenue sold for $727,000 19 days ago on the MLS! This comparable is another renovated replica of the subject property – similar square footage, 3 bedrooms, 1.5 bathrooms, and 1 car attached garage. However, this comparable is an end unit whereas the subject property is not, making it slightly more superior than the subject. This comparable does back onto the main road whereas the subject property does not, making the subject superior in comparison. Additionally, this comparable upgraded to a heat pump, whereas the subject only has baseboard heat. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property will sell for $720,000 on the MLS! |
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