Who’s looking for a profitable property?
Only 1.5hr from Ottawa and just down the block from a boat launch, buyers will hear weekends on the water calling! This 2-storey detached property already has an above-grade in-law or guest suite. Sitting on a massive 100 x 162 lot, there’s plenty of room to work with. With even smaller builder-grade comps selling $430K-$460K (none of which have a guest suite), target a quick sale at $400K!
How can you profit?
1) Full Renovation Flip – With builder-grade homes selling for $430K+, there’s no need to break the bank on expensive finishes! Buy for $149K, update with cost effective finishes and price for a quick sale at $400K!
2) Cottage With Equity – Only 1.5 hours from Ottawa and just down the block from a boat launch, this is a weekend boater’s dream! Buy for $149K and renovate to perfection for less than outdated homes in the area selling for $430K-$460K.
3) Realtors, Bring Your Clients – Don’t let your flippers and bargain cottage hunters miss this one – 3% Co-Op included at $154K!
SUMMARY:
– LOCATION: West Meath, Whitewater Region, ON (1.5 hours NW of Ottawa)
– PURCHASE PRICE: $154,000 (Includes 3%+HST Co-Op)
– DISCOUNTED DIRECT BUYER PRICE: $149,000 Or Best Offer
– AFTER REPAIR VALUE: $400,000+
– CLOSING: December 10, 2026 (This is an assignment sale.)
– TYPE: 2 Storey Detached, with In-Law Suite
– BEDS/BATHS: 5 Beds / 2 Baths
– PARKING: 2-car driveway parking
– BASEMENT: Unfinished
– SQFT: 2,332
– LOT: 100′ x 162′
– AGE: 1948
– PROPERTY TAX: $1,900 (2025)
– POSSESSION: Vacant on closing
– WELL/SEPTIC: Well and septic system, septic serviced within the last year
RENOVATIONS NEEDED:
– Full renovation required, kitchen, bathrooms, flooring and fixtures
– Main roof requires replacement (metal roof of in-law suite in good condition)
– Some junk and furniture removal
– Please view the pictures and videos for ideas on what you’d like to renovate
LISTING ID: 0926-WHI-F01
GOOD NEWS:
– One block from the boat launch and near a winery!
– Above-grade in-law / guest suite
– Massive 100 x 162 lot
– Septic system serviced within the last year
– Furnace approx. 10 years old
– Propane tank will be bought out at closing
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, Tobias King & Georgia Godfrey
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.