🔥 Durham Profit Play! Detached Brick Bungalow Only $649,999 OBO – Realtors Earn 3.7% Available

Who’s looking for a profitable property?

Flippers, families, and Realtors—this Durham bungalow delivers profits and perks across the board!! Here’s your chance to grab a clean, well-kept detached bungalow in Newcastle for only $649,999 OBO—a full $200K+ spread against nearby sales around the $850K mark. Whether you’re looking for an easy wholetail, a profitable flip, or a move-in-ready home with instant equity, this one checks every box.

Located at King Ave E & Brookhouse Drive, this quiet cul-de-sac is minutes from downtown Newcastle’s shops and restaurants, the 401, and 407 access. You’re also just a few minutes from the lake, parks, schools, and groceries in one of Durham’s most family-friendly communities—where folks feel so safe they often don’t lock their doors!

Built in 2002, this 3+1 bed, 2+1 bath brick bungalow offers an open-concept main level nearly 50 feet long with cathedral ceilings, a double garage, and parking for six. The home was custom-designed for accessibility, featuring 36-inch-wide doors, a vertical lift in the garage, and a roll-in shower—ideal for multigenerational living, anyone needing main-floor mobility or for conversion to rental suites! Outside, enjoy a private backyard with an in-ground pool, perfect for future summers or resale appeal.

How can you profit?

1. Wholetail / Easy Flip. Clean up wear and tear, replace flooring, and update the kitchen to easily bring this property into the high $800K’s list range. Little risk, big upside.
2. Move In with $150K+ Instant Equity. This home is clean, functional, and ready for a new owner. Move in now and enjoy the pool next summer with over $100K of built-in value.
3. Add a Suite / BRRRR. Basement layout and entry make this ideal for creating a 2-unit rental (pending municipal approval). Durham rents are strong and rising!Realtors! Bring us a buyer at $675K (well below market) for a 3.7% comp and wow your clients! This property is completely livable as-is.

SUMMARY:

• LOCATION: Newcastle, ON (King Ave E & Brookhouse Drive)
• PURCHASE PRICE: $675,999 Or Best Offer (includes 3.7% realtor comp)
  Flipper Pricing of $649,999 Or Best Offer
• AFTER REPAIR VALUE: $850,000 + (depending on finishes)
• CLOSING: November 19 (This is an assignment sale)
• TYPE: Single-family detached bungalow
• BEDS/BATHS: 3+1 Beds (Primary with en suite and walk-in closet) / 2+ 1 Baths
• PARKING: 4 in driveway, 2 in garage
• BASEMENT: Partially finished
• SQFT: Approx. 1,690 sq ft
• LOT: 49.27’ x 114.85’
• AGE: 2002
• PROPERTY TAX: Approx. $5,938
• POSSESSION: Vacant
• LISTING ID: 1025-NEW-F01

RENOVATIONS NEEDED:
This home is extremely well cared for but dated– your cosmetic updating can quickly bring it to the next level for a huge return!

– Main-floor flooring update
– Kitchen update
– Paint refresh
– Potential removal of light smoke smell
– Replace pump in pool
– Finish (already partially finished) basement
Some junk and furniture removal may be required.
Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:

• Rare pricing at $675,999 includes 3.7% Realtor comp
• $200K+ spread vs. comps around $850K
• Big-ticket structure and mechanicals solid- focus renos where you add value
• Family-friendly neighbourhood with lake, schools, and shopping nearby
• In-ground pool adds end-user and resale appeal
• Well below market value as-is with tons of equity from day 1
• Custom designed for accessible living with lift, open-concept layout, wide doorways and roll-in shower
• Roof replaced ~2 years ago

Please reply to this email to request an info package (comps, MPAC info, and more).
Thank you,

Josea Dussard, Sarah Budden, 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 notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.