Who’s looking for a profitable property?
Keep your renovation fast and your budget tight with this 625sf Hamilton bungalow at an affordable entry point! The roof and furnace are both roughly 10 years old and the ductwork for AC is already in place, so you can focus on the cosmetics. Smoke odour remediation will be required. The spacious 40’ x 113’ lot sits in Hamilton’s Homeside pocket, minutes from Red Hill Pkwy and the QEW – an easy sell to retail buyers and renters alike!
How can you profit?
1) Full Renovation Flip – Buy at $279K, keep your renovation risk low with this compact home, and list at $425K for a quick sale (check out the comp that sold at $442K)! No need to break the bank with expensive finishes – well presented homes, with inexpensive finishes still sell quickly in this neighborhood.
2) Buy & Hold – With 3-bed units the same size (dining room converted to bedroom) renting as high as $2,150/month, it’s a floor plan worth considering! Buy for $279K, get it rent ready, enclose the bedroom and start pulling in that 3-bed rental income.
3) Realtors: Bring Your Investor Clients – Don’t let your flippers and landlords miss out on this one – $2.5% Co-Op included at $287K!
SUMMARY:
– LOCATION: Hamilton, ON (SW of Barton St E & Kenilworth Ave)
– PURCHASE PRICE: $287,000 (includes 2.5%+HST Co-Op)
– DISCOUNTED DIRECT BUYER PRICE: $279,000 Or Best Offer
– AFTER REPAIR VALUE: $425,000 (Comps as high as $442K!)
– CLOSING: October 29, 2026 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 2 beds / 1 bath
– PARKING: 2-car driveway parking
– BASEMENT: Crawl space
– SQFT: 625
– LOT: 40′ x 113′
– AGE: 1942
– PROPERTY TAX: $2,585 (2026)
– POSSESSION: Vacant on closing
RENOVATIONS NEEDED:
– Full cosmetic renovation of kitchen, bathroom, flooring and fixtures
– Smoke odour remediation needed, try an ozone machine!
– Window ages mixed, some may require updating
– No air conditioning currently installed
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
LISTING ID: 0926-HAM-F01
GOOD NEWS:
– Small footprint keeps your reno budget tight!
– Quick access to Red Hill Valley Pkwy (~5–7 min) and the QEW (~7–10 min) – commuter-friendly location
– Furnace approx.10 years old
– Roof approx. 10 years old
– Straightforward 40 x 113 city lot in an established Hamilton pocket
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
PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.