Who wants an off-market deal that’s better than MLS?
This is the lowest-priced detached bungalow with a basement apartment in Ajax! It’s a rare off-market deal you won’t see on MLS! Snag it now without competing in a bidding war.
How can you profit?
- Rent & Hold – Strong rental demand in Ajax. Get $2500 for main floor and $1500-$1700 for the basement for a total of $4000-$4200/month. Legalizing the basement unit would get you more value on your next refi.
- Move In / House Hack – live in one unit and rent the other. Enjoy the extra help with the mortgage in this tough economy! Renovate slowly over time to suit your taste…the main floor is move-in ready.
- Realtors, bring your clients! Add your desired compensation on top and bring us a buyer. We can provide unbranded media to show your clients.
Located near Bayly St & Pickering Beach Rd, this detached home has a separate entrance to an in-law suite, making it perfect for home owners or landlords. It’s walking distance to a public school, community center, grocery stores, and parks. Only 2 km from Hwy 401 for easy commuting! The main floor is in solid shape, while the basement could use some updates. With a price below market value, this is a prime opportunity to own a discounted property!
SUMMARY:
– LOCATION: Ajax, ON (Bayly St & Pickering Beach Rd)
– PURCHASE PRICE: $728,000 Or Best Offer
– AFTER REPAIR VALUE: High $800s and could be $900s, particularly after legalizing the basement apartment.
– AS-IS VALUE: Around $800k after a bit of clean up.
– CLOSING: June 02, 2025 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 Beds / 1 Bath Main | 1 Bed / 1 Bath Basement
– PARKING: 3+ Spaces (side-by-side, so tenants won’t get blocked in)
– BASEMENT: 1 Bed/1 Bath in law suite (separate entrance, not legal)
– SQFT: 950
– LOT: 50’ x 100’
– AGE: 1957
– PROPERTY TAX: $4,808 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED (to get it rent-ready):
– Main floor: Bathroom is the main priority. Kitchen may only need cabinet refinishing & painting.
– Basement: Flooring, bathroom, kitchen, and painting. Needs a stove.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
-Prime Ajax location: Close to schools, hospital, grocery stores, parks, and just 2 km from Hwy 401.
-Separate entrance to basement in-law suite – Potential for rental income.
-End-user or investor potential – great starter home, rental, or flip.
-Parking is easy – Double driveway means tenants won’t block each other in.
LISTING ID: 0325-AJA-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 & Randall Reashore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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