Who’s looking for a BIG PROFIT flip?
Here’s your chance to score a detached 4-bed bungalow just 2 minutes from Lake Simcoe—priced at only $367K! Whether you’re looking to fix and flip, or rent out for cash flow, this property offers serious potential. Similar renovated properties in the area are selling in the mid $600s and over $700,000, giving you plenty of room to profit.
How can you profit?
1. Fix & Flip – Buy for $367K, renovate, and sell in the mid $600s. There’s room here for a six-figure return. Who wants to make $115,872.64?
2. Rental & BRRRR – Add value with cosmetics, update the electrical, rent, and refinance around $650K. Solid numbers for landlords as a Short–Term or Long-Term Rental.
Located 20 minutes from Barrie and only 45 minutes to Toronto, it’s a commuter-friendly location with the peace of small-town living.
SUMMARY:
– LOCATION: Innisfil, ON (Ewart St. & Arnold St.) Between Newmarket and Barrie.
– PURCHASE PRICE: $367,000 Or Best Offer
– AFTER REPAIR VALUE: around $650,000
– CLOSING: August 6, 2025, but some flexibility with the date. (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 4 Beds/1 Bath
– PARKING: 4 Cars
– BASEMENT: Crawlspace
– SQFT: To Be Confirmed. Has an addition.
– LOT: 64.5’ x 82’
– SEWER: Municipal
– WATER: Well
– AGE: 1933
– PROPERTY TAX: Approx $2,594 per year
– POSSESSION: Vacant
RENOVATIONS NEEDED:
• Junk and furniture removal
• Cosmetic updates throughout (kitchen, bath, paint, flooring)
• Electrical panel is still on fuses—update recommended
• Cigarette smoke smell
• Overall: Budget for full interior cosmetics
• Please view the pictures and videos for ideas on what you’d like to renovate
GOOD NEWS:
• 2 min to the lake, 20 min to Barrie, 45 min to Toronto
• Detached garage and parking for 4+
• Newer windows (approx. 5 years old)
• Furnace replaced ~5 years ago
LISTING ID: 0525-BEL-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
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?