Who’s looking for a profitable property?
Flippers, here’s your next high-end project.
Sitting on the premier street in Oakville, this is a 3,448 sqft, 2005-built detached with a $1.75M purchase price and a $2.6M ARV! The house sits on a cul-de-sac ravine lot surrounded by multi-million-dollar homes – the next-door neighbour sold only half complete for $3M in 2024. The big upside is the combination of size, location, and unfinished value: 4 beds, 3.5 baths, a 2-car garage, 6-car driveway, 2,330 sqft unfinished basement with 10 ft ceilings, and a deep ravine lot. Finish the stalled renovation, bring the house back to luxury condition, and cash in!
How can you profit?
1) High-End Fix & Flip – Buy at $1.75M, finish the renovation, and list at $2.6M! The major value drivers are already here: 3,448 sqft above grade, a massive basement, newer custom build quality compared to older Oakville stock, and multi-million-dollar homes on the same cul-de-sac.
2) Move In With Equity – Handy end users can buy into a premium Oakville pocket, finish the home to their own taste, and sit on strong equity once complete. You get a large 4-bed, 3.5-bath detached with a main-floor bedroom and ensuite, a huge garage setup, 6-car driveway, and up to $2.6M in value against a $1.75M purchase price!
3) Basement Conversion / House Hack – The 2,330 sqft basement with soaring 10 ft ceilings gives you a massive amount of future usable space. Add a separate entrance to help with the mortgage – basement suites HALF this size are renting for $1,850/month! What will you do with the other half?
4) Realtors Bring Your Clients – Don’t let your clients miss out on this one – 2.25% Co-Op included at $1,795,000!
SUMMARY:
– LOCATION: Oakville, ON (North of Hwy 403 & Sixth Line)
– PURCHASE PRICE: $1,795,000 (includes 2.25%+HST Co-Op)
– DISCOUNTED DIRECT BUYER PRICE: $1,749,000 Or Best Offer
– AFTER REPAIR VALUE: $2,600,000
– CLOSING: July 30, 2026 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4 beds/3.5 baths
– PARKING: 2-car garage (with 12 ft of storage), plus 6-car driveway parking
– BASEMENT: Unfinished, ~2,330 sqft with 10 ft ceilings.
– SQFT: 3,448
– LOT: 35’ x 161’ RAVINE LOT (kite-shaped)
– AGE: 2005
– PROPERTY TAX: $12,711 (2025)
– POSSESSION: Vacant possession
– FINANCING NOTE: APS allows buyer to add kitchenette pre-closing
RENOVATIONS NEEDED:
– Kitchen and 3 bathrooms need to be installed or renovated
– Basement is unfinished
– Flooring on stairs and second level
– Roof and windows (vinyl) approx. 20 years old
– Some junk and furniture removal
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– 2005 build, newer than many competing Oakville homes
– Cul-de-sac RAVINE lot – something the comps don’t have!
– Next-door neighbour sold incomplete for $3M in 2024
– Approx. 5,778 SF of combined living space
– 5-min walk to Oakville Place, 5-min drive to GO Train, and 3-min drive to QEW
LISTING ID: 0726-OAK-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
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.