$230k+ Spread on Cheap Detached House in Oshawa. Assigned

  • $418,000
  • 3 beds
  • 1.5 baths
  • 649 sqft
Who likes to buy the cheapest house in a good neighbourhood?

We believe in buying low and letting the neighborhood elevate our home’s value. We trust you do too! This quiet street, in the sought-after McLaughlin area, showcases pride of ownership. Conveniently located near all amenities, including Oshawa Centre, the hospital, and the GO station. Where else can you find a detached house on a sizable lot at this price?

How can you profit?
1) Flip it! Buy for $418k, make it beautiful and we believe it’ll sell for over $650k.
2) Rent it as a single-family home and have an easy to manage property. You can own some land instead of a condo for this price. There is possibility for a basement apartment, however, if you legalize it, you’d need to underpin since the ceiling height isn’t high enough yet.
3) Calling all realtors! Bring your clients along! This property requires some sprucing up and cosmetic renovations but is otherwise move-in ready and eligible for bank financing. We’re offering a competitive 2.5% commission on this one.

– LOCATION: Oshawa, ON (Bond St. W and Simcoe St)
PURCHASE PRICE: $418,000  Or Best Offer
AFTER REPAIR VALUE: $650,000 approx
– CLOSING: June 27, 2024  (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 2+1 Beds/1.5 Bath
– PARKING: Detached Garage and a driveway that can fit a few cars
– BASEMENT: Unfinished Basement
– SQFT: 649
– LOT: 44 x 111
– AGE: 1920
– PROPERTY TAX: $3,220 (2023)
– POSSESSION: Seller will stay short-term after closing and there’s a significant security holdback until vacant possession is given.

– Some junk and furniture removal.
– It’s in ok condition, but it could use some repairs and maintenance
– Please view the pictures and videos for ideas on what you’d like to renovate.

– A big spread on a low-priced house.– This is the price of a condo. You can own a detached house on a nice lot in the GTA.

Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Aaron Moore & Tomomi Wang
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

Oshawa, ON
Square Feet:
Lot Size:
44 x 111
Assignment of Contract
Property Type:
Year Built:
Unfinished Basement
Const. Type:
Detached Bungalow

Call (647) 557-5979 for more details