🔥 $400k spread on Hamilton detached. 2-Unit Conversion. Flippers Only. $399k Available

Who’s looking for a profitable property?

As a single family home this property offers a $300k spread, or convert into 2 units for a $400k spread! This one is for experienced flippers who can handle a full gut.

Separate side-entrance to the basement, corner lot, and a garage. Detached houses in this neighbourhood rarely sell in the 500’s, you can buy in the 300’s!

This Hamilton 1.5 storey detached is built around investor fundamentals: clear margin, vacant possession, and a fast close. The layout is ready for a 2-unit conversion, and you also get a detached 1-car garage that’s already wired.

How can you profit?
1) Fix and Flip – Partially renovated properties selling as high as $700k. You can sell even higher with a 2^nd unit! The spread is real, but so is the scope. If you’ve got experience and a plan, this one can deliver margin.

2) 2-Unit Conversion – Separate entrance is already there, and the basement can be rebuilt into a proper second unit as part of the renovation. Few recent 2-unit sales, but in the area legal duplexes sell over $800k

3) Realtors – This is not for retail buyers. It is priced for flippers and investors who understand the business and want a great deal. 2.5% co-op included.

SUMMARY:
– LOCATION: Hamilton, ON (King St E & Kenilworth Ave S)
– PURCHASE PRICE: $399,900 Or Best Offer
– AFTER REPAIR VALUE: $700,000 ($800k with 2^nd unit!)
– CLOSING: March 26, 2026 (There is flexibility on this. This is an assignment sale.)
– TYPE: 1.5 Storey Detached
– BEDS/BATHS: 4 beds/1 bath
– PARKING: 1-car detached garage + 1 driveway space
– BASEMENT: Finished with separate entrance
– SQFT: 1,548
– LOT: 38’ x 88’
– AGE: 1947
– PROPERTY TAX: $4,386 (2025)
– POSSESSION: Vacant

RENOVATIONS NEEDED:

• Full gut and deep clean throughout
• Redo basement, possible conversation to 2^nd unit
• Some junk and furniture removal.
• Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:

• Clear spread: $700,000 ARV vs $450,000 buy price
• Separate side entrance to basement, Easy conversion to 2-units
• Detached 1-car garage with electricity
• Vacant possession with a fast close

LISTING ID: 0226-HAM-F02

Please let us know if you want to view it or if you want the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

PS. Email us today for your info package. Who wants to make money on this one? 

PPS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.