Who’s looking for a profitable property?
Recently appraised at $880K in AS IS CONDITION! Now available for only $699k!
We are accepting offers at any time.
This home is in good shape with only minimal cosmetic work needed. Perfect for buyers looking for a great deal and don’t mind putting in a little elbow grease! Most houses in this area with this much acreage are selling over $1M. Get a great home for well below market value with a large spread and minimal work required!
Sitting on 11.2 acres, with a finished full-height walkout basement, lots of parking, a detached 2-storey workshop with power and a wood stove, a pond, a pool, and more!
How can you profit?
1) Easy Flip – This home is in great shape! Complete selective cosmetic updates, stage it, and similar comps are consistently selling on market for over $1.1M. That’s a $400K+ spread! The house is already in good shape, making this a fast project with an affordable scope.
2) Move In With Equity – End users get a move-in ready home on 11 acres with a pond, workshop, finished walkout basement and more! Appraised in July at $880K in as is condition! That gives you almost $200K of instant equity!
3) Multi-Unit Conversion – Lots of options here! The finished, full-height walkout basement could easily be converted into a second unit. The detached 2-storey shop already has power and a wood stove. There’s also so much open space, you could easily add an ADU!
4) Realtors: Bring your Buyers – This property is a great fit for most buyer types. Help your clients save BIG on this property! 4% co-op included!
SUMMARY:
– LOCATION: Shelburne, ON (15km north of Orangeville)
– PURCHASE PRICE: $699,000 Or Best Offer (includes 4% commission for cooperating agents)
– AFTER REPAIR VALUE: $1,100,000+
– CLOSING: September 15, 2026 (Flexibility for an earlier closing. This is an assignment sale.)
– TYPE: Detached bungalow
– BEDS/BATHS: 3+1 beds/3 baths
– PARKING: 10+ driveway spaces
– BASEMENT: Finished, walkout with conversion potential
– SQFT: 1,230
– LOT: 217’ x 2,252’ (approximately 11 acres; oversized lot supports future-use investigation)
– AGE: 1970
– PROPERTY TAX: $5,872 (8 of the 11 acres are tax exempt as long as it’s not built on)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Light cosmetic updates as desired.
– Drywall the basement ceiling
– Potential multifamily conversion or additional construction on the unused land.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Finished, full-height walkout basement with two-unit conversion potential
– $200K under market value
– Approximately 11.2 acres with a pond and multiple structures
– 2-Storey detached workshop with power and a wood stove
– Move-in-ready condition with only light cosmetic work indicated
LISTING ID: 0726-SHE-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, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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