Attention Experienced Flippers!
This one’s for experienced flippers who can finish a project and capture the upside. Keep this flip fast, with a lot of the heavy lifting already done! Demo and major exterior work have already been completed: roof, windows, eavestroughs and downspouts were replaced in 2026.
Keep it simple by just finishing the main floor or maximize your returns by finishing the 8-foot basement. The front entrance layout provides an excellent opportunity to create a second unit and reach the property’s full potential with a BRRRR strategy.Input caption text here.
How can you profit?
1) Full Renovation Flip – With demo and much of the big-ticket exterior work already completed, your dollars stretch further on this flip! Purchase at $249K, complete the unfinished renovation, and resell into a market where move-in ready homes are selling for $410K-$445K after only 15 days on market! An updated, professional finish could top them!
2) 2-Unit Conversion / BRRRR – With 1-2 bedroom main-floor and basement units renting for $1,450-$1,550/month, purchase this property for $249K, add a unit to the 8-foot basement and bring in combined monthly rental income upwards of $3,100/month!
SUMMARY:
– LOCATION: Midland, ON (45 min N of Barrie, Hwy 12 & King St)
– PURCHASE PRICE: $249,000 Or Best Offer
– AFTER REPAIR VALUE: $425,000+
– CLOSING: June 29, 2026 (This is an assignment sale)
– TYPE: Linked Bungalow
– BEDS/BATHS: 2 beds / 1 bathroom (plumbed, no fixtures)
– PARKING: Driveway, 2-car parking
– BASEMENT: Unfinished, approx. 8-foot ceilings.
– SQFT: 925
– LOT: 35’ x 68’
– AGE: 1991
– PROPERTY TAX: $2,900
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic finishes throughout
– Install forced air and hot water tank.
– Electrical panel may require updating.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Roof, windows, eavestroughs and downspouts replaced in 2026.
– 8-foot ceiling basement.
– Front entrance layout amenable to 2-unit conversion
– Ready to go, vacant possession, reno already in progress.
LISTING ID: 0626-MID-F01
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, Georgia Godfrey, Aaron Moore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors