Who’s looking for a profitable property?
Want to finish another flip before the end of summer? They already started this one for you – the whole house was demo-ed and reinsulated, plumbing updated, approx. 80% of the electrical has been updated. Additionally the roof and propane furnace are approximately 5 years old, and the water filtration/treatment system was replaced in 2022!
You’ll need to complete the kitchen, bathrooms, flooring and drywall – kitchen cabinets are on-site, so you can scratch that off your budget! The 0.8 acre lot is a major bonus too, giving investors more land, more resale appeal, and future expansion potential.
How can you profit?
1) Full Renovation Flip – Buy at $219.5K, complete the unfinished renovation, and sell for upwards of $400K! The scope is clear: finish the kitchen, bathrooms, ceilings, flooring, painting, drywall and laundry. With much of the work already started, you can keep this flip fast!
2) Realtors: Bring Your Investor Clients – This is a clear fit for buyers who understand renovation projects or simply want to add their own stamp to their home. Bring your flippers, contractors, or retail buyers with vision – 2.5% Co-Op included at $226K!
SUMMARY:
– LOCATION: Winchester, ON (1 Hour South of Ottawa, near Kemptville)
– PURCHASE PRICE: $226,000 (includes 2.5% Co-Op)
– DIRECT BUYER DISCOUNT: $219,500 Or Best Offer
– AFTER REPAIR VALUE: $400,000+
– CLOSING: August 5, 2026 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3 beds / 2 baths
– PARKING: Multiple driveway parking spaces
– BASEMENT: Unfinished basement
– SQFT: 1,342
– LOT: 290’ x 122’ (0.8 acres)
– AGE: 1895
– PROPERTY TAX: $2,461 (2025)
– POSSESSION: Vacant on closing
RENOVATIONS NEEDED:
– Mid-renovation, needs completion.
– Kitchen and bath electrical update and fixtures / finishes (kitchen cabinets on-site).
– Flooring and drywall throughout.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Newly insulated throughout and plumbing updated
– Approx. 80% of electrical redone
– Water filtration/treatment system replaced 2022
– Roof and furnace approx. 5 year old
– Newer, double-paned windows
– Large 0.8 acre lot
LISTING ID: 0626-WIN-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, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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