Who’s looking for a profitable property?
This is your chance to scoop up a detached home in London for only $299k—just minutes from Highbury Ave, Hwy 401, and Fanshawe College. Set on a 40’ x 120’ lot, this 1.25-storey home features a new steel roof, a finished basement with full ceiling height and side entrance, and a massive opportunity for profit.
You’ll want to update the kitchen and bath, move the toilet back into the bathroom, and refresh the cosmetics—but you’re starting with great bones.
How can you profit?
1) Fix & Flip – Renovate and sell on the market around $500K.
2) Easy Wholetail – Clean it out, paint it, and resell to a first-time buyer or landlord.
3) Long Term or Student Rental – Western University and Fanshawe College are both in town. Could you meet the 1% rule with tenants??
SUMMARY:
– LOCATION: London, ON (Oxford St & Curry St)
– PURCHASE PRICE: $299,900 Or Best Offer
– AFTER REPAIR VALUE: Around $500k
– CLOSING: July 15, 2025 (Flexible. This is an assignment sale.)
– TYPE: 1.25 Storey Detached
– BEDS/BATHS: 2 beds + bonus attic bedroom/1 bath
– PARKING: 1-2 cars driveway spot
– BASEMENT: Finished with side entrance. Full height.
– SQFT: 1,087
– LOT: 40’ x 120’
– AGE: 1948
– PROPERTY TAX: $2,517 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Part of the bathroom was moved into a bedroom to accommodate someone with a disability. Move the toilet & sink back into the bathroom.
– Cosmetic updates throughout (paint, flooring, kitchen, etc.)
– Option to remove front wheelchair ramp
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Finished basement with side entrance and full ceiling height
– Steel roof—new and durable
– Furnace is newer
LISTING ID: 0625-LON-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
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?