Who’s looking for a profitable property?
Buy two abutting properties for $188K in an area where modest single family homes sell quickly for $360K-420K! The combined property is roughly 1.5 acres and includes a 798 sqft log bungalow plus a separate former church building. The house has hydro, a large backup generator, a newer metal roof, newer propane furnace and updated windows. The church structure requires servicing, but offers almost unlimited possibilities for creative redevelopment – a beautiful character cottage, bunkie, studio, workshop or event space! The nearby lake and sandy beach access provides value for end users and developers alike.
How can you profit?
1) Family Cottage / Short Term Rental – Update the bungalow and explore unlimited possibilities of redeveloping the church! You can stick to the MLS and purchase a builder-grade home for $360-420K or get more land and more usable structures to reimagine for only $188K.
2) Developers / Land Bankers – Purchase at roughly $94K per property and redevelop into homes that sell in the $300s and $400s or redevelop one parcel, recoup your investment and bank the other parcel!
3) Realtors: Bring Your Clients – This works for contractors and value-focused cottage buyers who understand rural properties – 2.5% Co-Op included at $194K!
SUMMARY:
- LOCATION: North Frontenac, ON (2hrs N of Kingston, 2hrs W of Ottawa, Buckshot Lake Rd and Rd 509)
- PURCHASE PRICE: $194,000 (Includes 2.5%+HST Co-Op)
- DIRECT BUYER DISCOUNT: $188,000 Or Best Offer
- AFTER REPAIR VALUE: $375,000 per property!
- CLOSING: October 2, 2026, not flexible (This is an assignment sale.)
Bungalow Lot:
- TYPE: Detached log bungalow
- BEDS/BATHS: 1+2 beds / 1 bath
- PARKING: Large parking area
- BASEMENT: Partially finished, ceiling height approx. 6’ 10” (seller reported)
- SQFT: 798
- LOT: 323’ x 200’, approx. 1.3 acres
- AGE: 1983
- PROPERTY TAX: $1,121 (2025)
- POSSESSION: Vacant possession
- UTILITIES: Well / septic
Church Lot
- TYPE: Former church
- BEDS/BATHS: N/A
- PARKING: Large parking area
- BASEMENT: N/A
- SQFT: N/A
- LOT: 138’x70’
- AGE: Unk
- PROPERTY TAX: $243 (2025)
- POSSESSION: Vacant possession
- UTILITIES: No water or septic service
RENOVATIONS NEEDED:
- Cosmetic renovation of bungalow, kitchen, bathroom, flooring and fixtures.
- Possible mould remediation in basement, due to previous leak.
- Church structure requires servicing and full renovation.
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Nearby lake with sandy beach access.
- Two abutting lots with a combined 1.5 acre footprint
- Bungalow roof: metal, approx. 7yo
- Bungalow: propane furnace, approx. 4yo
- Bungalow: windows approx. 12yo
- Hydro and large backup generator at the house
LISTING ID: 0726-NOR-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, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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