Who’s looking for a profitable property?
Add a unit, add income. There’s about $250k+ in spread here, and the layout is already pushing you toward a clean 2-unit plan. This Burlington detached is priced at $679k OBO with an ARV in the $900s after cosmetic updates and a modern finish.
How can you profit?
1) Fix and Flip – Buy at $679k, renovate with a clean, modern finish, and sell in the $900s. With cosmetic scope (kitchen, baths, flooring, paint), the numbers leave room for a real margin, especially with a layout that stays in demand.
2) Add a Basement Unit – The basement layout and the available plans make this a straightforward conversion play. Estimated market rents (based on comparable rentals): main floor $2,500-2,800/month and basement $1,700/month, for approx. $4500/month total once set up as two units…or rent one unit and live in the other.
SUMMARY:
– LOCATION: Burlington, ON (Hwy 403 & Guelph Line)
– PURCHASE PRICE: $679,900 Or Best Offer
– AFTER REPAIR VALUE: $900s
– CLOSING: April 15, 2026 (Later closing not possible. This is an assignment sale.)
– TYPE: Detached Side Split
– BEDS/BATHS: 3+1 beds/1+1 baths
– PARKING: 4 spaces in driveway
– BASEMENT: Finished with 1 full bath and entry via 2 separate staircases. Plans to convert to small studio apartment are drawn and available.
– SQFT: 1,148
– LOT: 60’ x 122’
– AGE: 1966
– PROPERTY TAX: $4,333 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates to kitchen, bathrooms, flooring, paint.
– Roof, windows, furnace and A/C are in the 10-20 year ranges.
– Smoke smell remediation and deep clean
– Convert basement to legal 2nd unit if desired. Plans are already drawn up!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Quick access to Dundas St and the QEW
– Two staircases to the basement, practical 2-unit layout
– Basement conversion floor plans available, conversion planning is already mapped!
LISTING ID: 0326-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
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?