Who’s looking for a profitable property?
This is the rare kind of rural value-add play that gives you instant equity, flexible options, and exit potential. Priced at just $589,900, this 5-bedroom detached bungalow sits on a 265’ x 456’ lot—nearly 3 acres of land with no rear neighbours, two additions, and severance potential.
Whether you’re looking to subdivide, convert one wing into a second unit, or do some light cosmetic renos and flip it, you’re starting nearly $200K below market. Similar homes in the area are trading around $800K—with less land and fewer bedrooms.
Located just 10 minutes from Rice Lake, 20 to Port Hope, and a short drive to Oshawa, this one is perfectly positioned for commuters, investors, or families seeking space and privacy.
Whether you’re a flipper, multi-unit investor, or family buyer seeking land and space, this one checks the boxes.
How can you profit?
1) Easy Wholetail/Flip: Buy for $589k, do some minor lipstick updates and sell around $800k. No major reno required to hit that number.
2) 2-Unit Conversion: One of the additions has its own entrance, 2 beds, plumbing rough-in, and open layout. Add a bathroom + kitchenette = above grade in-law suite.
3) Land Play/Possible Severance? Nearly 3 acres with house off to one side. Long-term severance play? Future build site? You decide.
SUMMARY:
– LOCATION: Campbellcroft, ON (about 20 min north of Port Hope and 10 min from Rice Lake, at Ganaraska Rd & Beech Hill Rd)
– PURCHASE PRICE: $589,900 Or Best Offer. First Come, First Served!
– CURRENT MARKET VALUE: Most comps are in the mid-$800Ks, unrenovated and on smaller lots
– CLOSING: June 26 – Aug 28, 2025 (Seller’s choice. This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 5 beds/1 bath
– PARKING: Gravel drive with 4 parking spots (huge lot to add tons of parking)
– BASEMENT: None
– SQFT: 1,470 + 2 additions
– BIG LOT: 265’ x 456’ (almost 3 acres!)
– AGE: 1965
– SYSTEMS: WELL/SEPTIC/BASEBOARD HEAT
– PROPERTY TAX: $4,454 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
-Flooring, bathroom reno, and general cosmetic refresh
-Kitchen updated ~7 years ago
-Roof, siding, and windows done in past 10 years
-Add second bath or convert one wing into self-contained suite
-Deodorize for smoke smell (ozone machine may be required)
-Electric heat—consider upgrading to ductless or other system
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
-Nearly 3 acres with severance potential
-Two additions = flexible layout, conversion potential
-All 5 bedrooms on main floor
-Existing separate entrance to one wing
-Short drive to lakes, trails, and city amenities
LISTING ID: 0525-CAM-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, Tomomi Wang, Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.
PS. Ask us for more info. At this price, someone’s going to make money. Will it be you?