Who’s looking for a profitable property?
Here’s your chance to pick up a detached house in Belleville for just $150K! Whether you’re looking to do your first BRRR, make a quick flip, or lock in a 1% rule rental, this one’s got serious upside. With an ARV of ~$400K and nearby rentals fetching $2,000/month, you’ve got plenty of ways to win on this cheap buy.
You’re close to schools, shops, and the downtown Belleville waterfront. This 759 sqft 1.5-storey home sits on a full 40’ x 120’ lot with 4-car parking. It’s got two bedrooms, a full bath, and an easy layout to modernize.
How can you profit?
1) Fix & Flip – Renovate and resell around $400K.
2) Rent or BRRR – Put in ~$50K and hit the 1% rule with $2,000/month rent potential.
SUMMARY:
– LOCATION: Belleville, ON (Moira St W & Pinnacle St)
– PURCHASE PRICE: $149,900 Or Best Offer. First come, first served!
– AFTER REPAIR VALUE: $400k
– CLOSING: July 23, 2025 (This is an assignment sale.)
– TYPE: 1.5 Storey Detached
– BEDS/BATHS: 2 beds/1 bath
– PARKING: 4 cars comfortably
– BASEMENT: Crawl Space
– SQFT: 759
– LOT: 40’ x 120’
– AGE: 1900
– PROPERTY TAX: $2,205 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Full cosmetic reno recommended. We haven’t seen this property in person, but it seems like some hoarding has been going on and it may be quite dirty.
– Roof had a prior leak but was redone ~5 years ago; rear section needs attention.
– Natural gas furnace is present but disconnected due to missed payments; currently using electric heat.
– Windows are at least 19 years old.
– Needs new appliances.
– A skylight was removed and roofed over—window opening remains.
– Expect pet odors—4 dogs currently in home.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– 1% rule rental opportunity for landlords
– No basement to finish
LISTING ID: 0625-BEL-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
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.
PS. Email us today for your info package. Who wants to make money on this one?