Who’s looking for a profitable property?
Buy at $439K OBO and sell into an area where updated detached homes can push toward $730K-750k. This property is on the east end of Oshawa, bordering Courtice. The house needs work, but the fundamentals give you room to operate: detached bungalow, 999 sq ft above grade, full-height basement, detached garage, big 49 x 157 lot, and a layout that supports multiple exit paths. The basement already has a half bath started, and the back door creates a practical path for a future separate entrance setup.
How can you profit?
1) Fix & Flip – This is the clearest play. Buy for $439,900, renovate top to bottom, and sell in the $730k-$750k range depending on finishes. With this spread, flippers have a clear margin for profit.
2) BRRRR / Value-Add Rental – Renovate, stabilize, rent both levels, and hold. This one is built around investor fundamentals: low entry price for a detached home, deep lot, detached garage, and income upside if you finish the lower level properly. The full-height basement gives you usable space, and the back door creates a realistic path to a separate entrance. Estimated rent on the main floor is $2,300-$2,500/month, and a finished basement unit could bring in another $1,400-$1,600/month. That puts total estimated rent around $3,700-$4,100/month once completed.
SUMMARY:
– LOCATION: Oshawa, ON (King St E & Townline Rd S)
– PURCHASE PRICE: $439,900 Or Best Offer
– AFTER REPAIR VALUE: $730,000-$750,000
– CLOSING: July 15, 2026 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 beds (one has been converted to a dining room, convert back to 3rd bedroom)/1+0.5 Baths
– PARKING: 1 car detached garage plus 3-4 cars in driveway (tandem)
– BASEMENT: Part finished, full height. No separate entrance, but one could possibly be added from the back door.
– SQFT: 999
– LOT: 49’ x 157’
– AGE: 1955
– PROPERTY TAX: $4,909 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Full cosmetic renovation throughout most of the home (kitchen, baths, flooring, drywall, paint, finishing)
– Finish the basement
– Older windows, furnace and A/C
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Full-height basement with possible second-unit potential
– Deep 49′ x 157′ lot backing onto a field and school
– Detached garage plus 3-4 car driveway
– Roof is only about 1 year old
– New insulation has already been added throughout much of the house
LISTING ID: 0426-OSH-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 & 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?