Hamilton fixer-upper priced for a quick sale at just $160K—ARV approx. $400K! This house needs a full renovation, but offers huge upside for the right investor. With strong rental demand in the area, this is a perfect value-add opportunity for a flip, rebuild, or high-cash-flow rental conversion. Serious investors only.
Priced at just $160K, this is a rare opportunity to secure a Hamilton property for LESS THAN HALF of its potential value! This property is not for the faint of heart. Ideal for experienced investors looking for a serious project with massive upside!
SUMMARY:
– LOCATION: Hamilton, ON (Victoria Ave N & Wilson St)
– PURCHASE PRICE: $160K. Buy It Now!
– AFTER REPAIR VALUE: Around $400k
– CLOSING: May 8, 2025 (Very flexible. This is an assignment sale.)
– TYPE: Semi-Detached Bungalow
– BEDS/BATHS: 3 Beds/1 Bath
– PARKING: Street Parking
– BASEMENT: Unfinished (dirt floor, low ceilings approx. 5’5” tall)
– SQFT: 810
– LOT: 23’ x 100’
– AGE: 1900
– PROPERTY TAX: $2,008 (2024)
– POSSESSION: Tenanted. Buyer to assume tenants.
RENOVATIONS NEEDED:
– Property is in rough condition. Plan for extensive repairs.
– Smokers and pets mean the house is smelly.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– CHEAP! Only $160k.
– Tenants likely open to cash for keys.
LISTING ID: 0325-HAM-F02
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
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