Who’s looking for a profitable property?
This one’s for experienced flippers who can handle a full renovation! With $500K in spread and strong comps, you can feel confident in your margins. No detached home in this pocket has sold below $1.4M for years – check out the $1.65M comp that sold in 1 day! This is a 2,110 sqft, 4-bed detached on a 55 x 128 corner lot in Unionville, priced close to the $1.065M assessed value. The house is dated throughout, but the size, lot and resale pocket give experienced renovators a clear value-add path.
How can you profit?
1) Full Renovation Flip – Buy for $1.09M, complete a full renovation, and list for $1.6M! This one requires a full rehab, but with $500K in spread, this is where our experienced flippers can really shine. With strong comps that sell fast, you can feel confident in your margins!
2) Move In With Equity – End users who can take on a full renovation can buy a 2,110 sqft detached in Unionville close to the assessment value of $1.06M! This is a rare opportunity to enter a neighbourhood where even outdated homes sell for $1.4M+.
3) Realtors Bring Your Clients – Your flipper clients and your value-hunting end users will thank you for the opportunity to enter this hard-to-access neighbourhood – 2.5% Co-Op included at $1,129K!
SUMMARY:
– LOCATION: Unionville, ON (NW of Hwy 7 & Village Pkwy)
– PURCHASE PRICE: $1,129,000 (includes 2.5%+HST Co-Op)
– DIRECT BUYER DISCOUNT: $1,099,000 Or Best Offer
– AFTER REPAIR VALUE: $1,600,000
– CLOSING: August 31, 2026 (assignment sale)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4 beds / 2.5 baths
– PARKING: 2-car garage, 2 driveway spaces
– BASEMENT: Partially finished
– SQFT: 2,110
– LOT: 55’ x 128’, corner lot
– AGE: 1974
– PROPERTY TAX: $7,444 (2025)
– POSSESSION: Post-closing occupancy until Oct 31 (contract includes holdback security and daily late vacancy penalties, ask for details)
RENOVATIONS NEEDED:
– Full renovation throughout: kitchen, bathrooms, flooring, paint, lighting and finishes.
– Roof (2010), likely repair or replacement
– Furnace and AC (2010), likely replacement
– Windows (approx. 30-year-old) vinyl should be assessed.
– Smoke odour remediation
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Healthy spread and strong comps
– Generous 55’ x 128’ corner lot
– 2-car garage and 4 total parking spaces
– Partially finished, open-concept basement with good ceiling height
– Walking distance to schools, parks and Main Street Unionville, with Hwy 407 minutes away
LISTING ID: 0726-UNI-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, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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