🔥 $489K Hamilton Detached Easy Flip or 2-Unit Conversion. Heated Garage Workshop! Available

Who’s looking for a profitable property?

This updated move-in ready home offers multiple exit paths for flippers, landlord and end users alike! This Hamilton detached is already set up with the fundamentals investors look for: minimal repairs, a finished full-height basement, side entrance and lots of parking. The house is move-in ready with an updated kitchen and lots of useful life left in the mechanicals. The detached garage adds a bonus value angle with gas heat, a 100-amp panel, and running water and extra space to explore future conversion potential (buyer to verify).

How can you profit?

1) Easy Wholetail – With a $160K spread, a few cosmetic upgrades and this home could sell for upwards of $650K (and the comps don’t have a garage workshop with heat, power and water)! The house is already in good shape – the roof, furnace, and AC are from 2015. Buy at $489K, clean it up, make a few targeted improvements, and resell in the mid-$600Ks.
2) 2-Unit Conversion – Buy for $489K, add a kitchen and bathroom to the finished, full-height basement and collect rent of around $2,500-$2,600/month for the upper portion and $1,600-$1,800/month for the basement, for an estimated $4,100-$4,400/month total rental income.
3) Garage Conversion Potential – The detached garage already has gas heat, a 100-amp panel and water running to it – could you make this one a real cash cow with a tri-plex conversion? A buyer should verify zoning, permits, and servicing requirements.
4) Move In With Equity / House Hackers – This move in ready home offers end users a detached Hamilton home with a detached heated garage / workshop and over $100K of equity on day one! Move in, add a kitchen and bathroom to the full-height basement with separate entrance and let the tenant cover $1,600-$1,800 of the mortgage.
5) Realtors Bring Your Clients – Your end-user and investor clients will both thank you for bringing them this one – 2.5% Co-Op included at $499K!

SUMMARY:
– LOCATION: Hamilton, ON (Upper Wentworth St & Fennell Ave E)
– PURCHASE PRICE: $499,000 (includes 2.5% Co-Op)
– DISCOUNTED DIRECT BUYER PRICE: $489,000 Or Best Offer
– AFTER REPAIR VALUE: $650,000
– CLOSING: July 9, 2026 (This is an assignment sale)
– TYPE: 1.5 storey detached
– BEDS/BATHS: 3+1 beds / 1.5 (Main floor half bath, second floor full bath)
– PARKING: Garage 1-car detached + 3 car parking at side of house.
– BASEMENT: Finished, full-height, side entrance (1 bedroom, rec room with gas fireplace)
– SQFT: 1,137
– LOT: 42’ x 100’
– AGE: 1949
– PROPERTY TAX: $2,222 (2025)
– POSSESSION: Vacant possession

RENOVATIONS NEEDED:
– Light cosmetic updates to the bathrooms and freshening up throughout.
– Bedroom flooring in the basement needs updating.
– Some cat smell noted, so odour remediation may be needed.
– 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 basement with side entrance, bedroom, laundry room, and rec room.
– Detached garage with gas heat, 100 amp panel, and water running to it.
– Lots of parking with multiple driveway spaces plus garage parking.
– Roof 2015, furnace 2015, AC 2015, and windows approximately 15 years old.
– Corner lot with extra access and storage under both deck areas.

LISTING ID: 0526-HAM-F02

Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, Georgia Godfrey, Aaron Moore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors