Who’s looking for a profitable property?
This property offers a $250K spread with a manageable scope of work. With only 850 sq ft, the updates are mostly cosmetic, making the renos straightforward.
The large lot presents potential for development opportunities—an ADU or added appeal for end users. Located in the heart of Old Oshawa, the property sits in a mature, walkable neighbourhood with easy access to the 401.
How can you profit?
1) Easy Flip – This house has great bones and is ready for cosmetic updates. With a strong $250K+ spread, comparable homes are selling in the high $700K range. The large lot creates additional paths to profit.
2) 2-Unit Conversion – The layout, with a full-height unfinished basement, could easily be converted into two units. Simply add a separate entrance and finish the basement. Estimated rents are $1,800–$2,100 for the main floor, and $1,500–$1,700 for the basement. That’s $3,300–$3,800 total monthly rent
3) Real Estate Agents – Whether you have investors looking for a big spread on their next flip or first-time homebuyers looking for a great deal, this one is for you. Help your buyer save big on their next property. Add your desired commission.
SUMMARY:
– LOCATION: Oshawa, ON (King St W & Stevenson Rd S)
– PURCHASE PRICE: $449,900 Or Best Offer
– AFTER REPAIR VALUE: $700K+
– CLOSING: June 25, 2026 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 2 beds/1 bath
– PARKING: 1 car detached garage + 2 cars in driveway
– BASEMENT: Unfinished – Full height
– SQFT: 844
– LOT: 60’ x 125’ (large in-town lot, possible ADU?)
– AGE: 1928
– PROPERTY TAX: $3,979 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates throughout
– Finished basement for maximum ARV (add separate entrance for 2-unit conversion)
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Great location, walkable to the Oshawa Centre and Downtown Oshawa
– Close to 401 and new Oshawa GO Station
– Solid structure with good bones
– Large lot offers flexibility for future development – ADU
LISTING ID: 0426-OSH-F02
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
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?