6843 Temple Drive NE, Calgary, Alberta, T1Y5E7

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6843 Temple Drive NE

6843 Temple Drive NE, Calgary, Alberta, T1Y5E7

$24,900

Bedrooms
4
Bathrooms
3
Half Baths
0
Storeys
0
SqFt
1,115
Year Built
1980
Community
Temple
MLS#
A1256822
Days Listed
21
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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 (id:24240)

Bedrooms: 4
Bathrooms: 3
Half Baths: 0
Interior Size: 1115 sqft
Total Finished Area: 1115 sqft
Storeys: 0
Year Built: 1980
Property Type: Single Family
Building Type: House
Title: Freehold
Appliances: None
Features: See remarks, Back lane
Parking Spaces: 2
Property Type: Single Family
Zoning: R-C1
Latest Update: Mon, 26 Sep 2022 22:57:02 GMT
MLS#: A1256822
Listing Agency:
ROYAL LEPAGE BENCHMARK
110, 7220 FISHER STREET S.E., CALGARY, Alberta, T2H2H8
Realtor and MLS
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