This detached brick bungalow offers serious potential for investors and flippers. It’s close to highways, schools, parks, and transit. With a separate basement entrance, rough-in for a second bathroom, and a two-kitchen layout, it’s primed for a two-unit conversion. The home needs some updates, but with a strong ARV in the mid-$600s, the upside is clear. Quick closing on March 27—don’t miss out!
How can you profit?
1) Fix & Flip – Solid brick bungalow with great bones; update kitchens, flooring, and paint to optimize resale. Buy for $425k, renovate, and sell around $650k.
2) BRRRR / Rental – Convert to a legal two-unit for long-term cash flow.
SUMMARY:
– LOCATION: Hamilton, ON (Woodward Ave & Barton St E)
– PURCHASE PRICE: $425,000 Or Best Offer. Priced for quick sale due to fast close. Offers welcome anytime!
– CURRENT MARKET VALUE: $500s
– AFTER REPAIR VALUE: Mid $600s
– QUICK CLOSING: Next week! March 27, 2025 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 Beds/1 Baths
– PARKING: 1 Car Detached Garage Plus 1 Driveway Space At Back of House (shared laneway with neighbour)
– BASEMENT: Apartment-ish with separate entrance. Finished space featuring a kitchen, roughed-in bathroom, and approx. 7’ ceiling height.
– SQFT: 913
– LOT: 30’ x 100’
– AGE: 1969
– PROPERTY TAX: $3,346 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Mostly cosmetic—paint, flooring, kitchen updates, and basement finishing.
– Electrical panel needs an update (fuses)
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Brand new driveway has recently been installed and furnace/AC are only 3 years young.
- Solid brick bungalow in a high-demand rental area.
- Separate basement entrance, perfect for two-unit conversion.
- Strong evidence supports ARV in the mid-$600s.
LISTING ID: 0325-HAM-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 & Randall Reashore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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