Who’s looking for a profitable property?
This detached sidesplit in Angus sits on a massive 80′ x 227′ lot, giving you room to work with and strong resale appeal. While the main floor is nearly showroom ready with a renovated kitchen and bath, mould remediation is required in the basement after water damage from a burst pipe (city repaired). One person’s bad luck is your opportunity!
With even outdated comps selling up to $602K, and fully renovated comps reaching over $700K, this limited-scope reno is worth your while. Check out the comp just a couple doors down, with the same floor plan and same lot size that sold for $720K in just 10 days!
How can you profit?
1) Easy Flip – Buy at $509K, remediate the basement damage, touch up the main floor and list for $700K. Keep your budget tight by focusing on the basement and have this ready in time for the spring market!
2) Move In With Equity – With outdated and builder grade homes selling $575K-$602K, primary bargain hunters can buy into the neighborhood at $509K, remediate the basement and see their equity appraised at the $700K+ comp value!
3) Realtors: Bring Your Clients – Don’t let your flippers and handy end-users miss out on this one – 2.5% Co-Op included at $524K!
SUMMARY:
– LOCATION: Angus, ON (SW of CR 90 & Essa Line 5 – 20min W of Barrie)
– PURCHASE PRICE: $524,000 (Includes 2.5%+HST Co-Op)
– DIRECT BUYER PRICE: $509,000 Or Best Offer
– AFTER REPAIR VALUE: $700,000+ (Check out comp that sold for $720K in 10 days!)
– CLOSING: December 15, 2026 (assignment sale)
– TYPE: Detached Sidesplit
– BEDS/BATHS: 3+1 beds / 1 bath
– PARKING: 8 spaces, driveway
– BASEMENT: Full height basement (mould remediation required)
– SQFT: 1,015
– LOT: 80′ x 227′
– AGE: 1978
– PROPERTY TAX: $2,165 (2025)
– POSSESSION: Vacant on closing
RENOVATIONS NEEDED:
– Basement mould remediation (due to burst pipe, now repaired by city).
– Basement flooring and drywall repair.
– Cosmetic touch ups to the main floor.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
LISTING ID: 1126-ANG-F01
GOOD NEWS:
– Minimal work required to main floor, renovated kitchen and bath
– Massive 80′ x 227′ lot, just like the comp that sold for $720K!
– Full height basement with its own bedroom
– 8 driveway parking spaces, plenty of room for multiple vehicles
– Roof and window ages unknown (pre-2020 purchase), but no signs of failure.
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, Tobias King & Georgia Godfrey
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.