Who’s looking for a profitable property?
Here’s a rare entry point in Port Dover, where very little has sold in the $400s since before covid. This 1,300+sq ft detached bungalow with 3 bedrooms and 2 full baths, is bigger than many of the recent sales in the area, many of which only have 2 bedrooms. With lots of dated comps selling mid to high $600s a quick clean-up and flip would be an easy option! The unfinished basement has full height ceilings and is a blank slate for you to bring value to this property. With multiple exit paths open to you there’s many ways to make money.
How can you profit?
- Fix & Flip – put in the work, to finish the basement and upgrade key areas and re-sell in the mid to high 600k’s based on recent dated comps.
- Add a Basement Unit – The basement is unfinished with full height ceilings. Renovate with a conversion plan in mind and build a stronger rental hold or even more valuable ARV (buyer to verify feasibility with the municipality).
SUMMARY:
– LOCATION: Port Dover, ON (Richardson Dr & Nelson St W)
– PURCHASE PRICE: $419,900 Or Best Offer
– AFTER REPAIR VALUE: Mid $600s at least. But a smaller, unrenovated property on the same street just sold for $680k! Many recent comps only have 2 bedrooms on the main floor.
– CLOSING: February 18, 2026 (Seller might be flexible to close sooner. This is an assignment sale)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 beds/2 baths (one is an ensuite)
– PARKING: 2 cars on driveway + 1 in garage
– BASEMENT: Unfinished, full height ceilings
– SQFT: 1,318
– LOT: 56’ x 100’
– AGE: 1990
– PROPERTY TAX: $3,730 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates needed
– Deep cleaning throughout
– Finish basement
– Bathroom moisture / exhaust fan
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Rare $400s pricing
– Many comps selling in mid 600K’s
– 1,318 sq ft detached bungalow (larger than many comps in the neighbourhood)
– Two full baths, including an ensuite
– Unfinished basement. Future value-add potential
– Attached Garage
LISTING ID: 1225-POR-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, Tomomi Wang, Josea Dussard & Sarah Budden
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.
PS. Email us today for your info package. Who wants to make money on this one?