Who’s looking for a profitable property?
Flippers and BRRRR investors, here’s your next project.
This practical London detached allows you to keep your reno tight and finishes basic, and still sell for up to $525K. The house has been maintained better than the photos may suggest. Smoke odour removal will be required, but not a heavy structural project. The basement has full height ceilings with a separate entrance and a fireplace. The layout gives landlords a workable path to a 2-unit setup. This is a practical choice for landlords and end users as well, and multiple exit paths remain open.
How can you profit?
1) Wholetail / Flippers – This neighbourhood does not demand high end-finishes to get top dollar! With clean unrenovated homes selling in the mid-$520s, you can keep your reno lean and your flip fast. Odour removal, light cosmetic refresh and a basement bathroom will get you to an ARV around $525K. That’s roughly a $150K spread for flippers who want a cosmetic project instead of a full gut. Alternatively, maximize value with thoughtful finishes and landscaping (check out the comp that went for $561K).
2) Two-Unit Rental Conversion – The separate entrance and full height basement make this a practical 2-unit conversion play. Estimated rents could land around $2,400-$2,600/month for the upper unit and $1,400-$1,600/month for the lower unit, bringing total potential rent to roughly $3,800-$4,200/month. This is a strong setup for BRRRR investors or landlords who want to add value.
3) Realtors: Bring Your Clients – With few urgent repairs beyond cosmetics, this well-maintained house is a great opportunity for your handy clients to buy with equity and upgrade over time. House hackers will appreciate a layout that lends itself to an income unit, helping offset the mortgage, while the separate entrance maintains privacy. Add your desired commission!
SUMMARY:
– LOCATION: London, ON (Dundas St & Veterans Memorial Pkwy)
– PURCHASE PRICE: $374,900 Or Best Offer
– AFTER REPAIR VALUE: $525,000 (check out the comp that went for $561K!)
– CLOSING: April 29, 2026 (This is an assignment sale.)
– TYPE: Detached Backsplit
– BEDS/BATHS: 3 beds / 1 bath
– PARKING: Driveway 3-4
– BASEMENT: Finished, full height basement with separate entrance and fireplace
– SQFT: 980
– LOT: 38’ x 99’
– AGE: 1977
– PROPERTY TAX: $3,085 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Smoke smell remediation – try an ozone machine to nix those bad odours!
– Paint, flooring and add a basement bathroom
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Full height basement, separate entrance and fireplace, ready for 2-unit conversion
– Quiet street with quick access to Highway 401, the airport and shopping
– A/C under 5 years old
LISTING ID: 0326-LON-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, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?