Who’s looking for a profitable property?
Flippers, here’s your next project.
Next door sold for $1.05M in February! This Burlington detached checks all the boxes: strong resale demand, solid bones, in-law suite potential and a healthy $300K spread to protect your bottom line. With big ticket items in good shape, keep your reno budget under control and your flip fast. The Headon neighborhood checks the boxes buyers care about: good schools, quiet streets, and quick access to everything on Dundas. The finished basement already has full ceiling height, a bedroom, a full bathroom, and a separate entrance, which broadens your buyer pool to multi-generational family and those favoring an income unit. The interior needs a cosmetic facelift, but the location continues to do the heavy lifting on value.
How can you profit?
1) Full Renovation Flip – This property is surrounded by $1M+ homes and a healthy spread makes a flip the obvious play. Buy for $749K, update cosmetics and accept that $1.05M offer! The roof is only 5 years old, the exterior is well maintained and HVAC is in working order (2010). Renovate the interior cosmetics and be confident in your returns. With a $300K spread, flippers have a clear path to a strong margin in a high demand market!
2) Buy With Equity / Fixer-Upper – At $749K a homeowner willing to put in the work has all they room they need to create their dream home and still walk away with equity the day they move in. The full-height finished basement, with bed, bath and separate entrance makes creating an in-law suite for mom and pop, or an income unit to offset the mortgage, a no brainer. With outdated properties selling for $875K+, go to bed with $125K+ in equity day one – sweet dreams!
3) Realtors: Bring Your Investor Clients – Don’t let your flipper clients miss out on this one! With a healthy spread and strong comps in a high demand area, it just makes sense. 2.5% Co-Op included!
SUMMARY:
– LOCATION: Burlington, ON (407 Exp & Dundas Street)
– PURCHASE PRICE: $749,000 Or Best Offer – 2.5% Co-Op included for Realtors!
– AFTER REPAIR VALUE: Around $1,050,000
– CLOSING: June 25, 2026 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3+1 beds / 3+1 baths (1 full bath and 2 half baths above grade, 1 full bath in basement)
– PARKING: 1-car attached garage + 2 driveway parking spaces
– BASEMENT: Finished basement, full height, separate entrance, 1 full bath. Strong conversion/in-law suite potential!
– SQFT: 1,448
– LOT: 33’ x 108
– AGE: 1988
– PROPERTY TAX: $4,712 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic renovation – bathrooms, kitchen, flooring
– There is some cat urine throughout the house, particularly in the basement, and it smells like it.
– Basement ceiling water damage from previous leak (not active).
– Basement windows replacement.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– High demand neighborhood with strong comps
– Roof (2021), windows, and AC (2010) in good condition
– Full-height basement with bed, bath and separate entrance
– $300K spread
LISTING ID: 0426-BUR-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?