Who’s looking for a profitable property?
Here’s your chance to pick up a heavily discounted detached bungalow in a nice North Oshawa location. With a fully separate in-law suite already in place, this 3+2 bed property is begging to be legalized as a duplex or brought back to life as a family home. Comps show nice renos selling in the high $800Ks—and you can scoop this one up for just $559K.
The house sits on a generous 59’ x 112’ corner lot in the older, quieter part of town—surrounded by mature homes and family-friendly streets. You’ve got 1,132 sqft above grade, plus a finished basement with its own entrance and kitchen setup. While the interior currently shows poorly due to clutter and strong pet odours, this is a classic case of “buy the worst house on a good street” with all the ingredients for a lucrative flip or conversion.
Key mechanicals are in decent shape (roof only 2 years old, newer A/C, hot water tank and pool liner), so your budget can go toward making this one shine. Whether you’re a flipper, BRRRR investor, or contractor looking for a project with proven upside—this is a textbook value-add play. Bonus…inground pool!
How can you profit?
1) Flip: Buy for $559k, clean it out, renovate, and resell in the mid $800s as a modernized family home.
2) Duplex Conversion: Legalize the separate basement unit and refinance at ARV.
SUMMARY:
– LOCATION: Oshawa, ON (Rossland Rd E & Ritson Rd N)
– PURCHASE PRICE: $559,900 Or Best Offer
– AFTER REPAIR VALUE: Mid $800s
– CLOSING: August 7, 2025 (May be flexible. This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3+2 beds/1+1 bath
– PARKING: 4-6 Driveway Spots
– BASEMENT: Finished 2 bedroom in-law suite (separate unit, not legal)
– SQFT: 1,132
– LOT: 59’ x 112’
– AGE: 1973
– PROPERTY TAX: $5,011 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Full cosmetic reno including kitchens, bathrooms, flooring, paint, and fixtures
– Potential subfloor or structural repairs due to damage from animal waste.
– Junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Large spread: Buy at $550K, ARV ~$850K+
– Already has separate basement suite—easy duplex conversion
– Located in a desirable older North Oshawa neighbourhood
– Roof is only 2 years old with 25-year shingles
LISTING ID: 0525-OSH-F02
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
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?