Who’s looking for a profitable property!?
This one is going to knock your socks off! Built in 2002, it’s got great bones, and almost all big ticket items have been upgraded since then. It’s a bit dated but is move-in ready as is!
In the area, smaller ARV comps are selling over $1.1M and multiple larger comps have sold recently over $2M! For flippers who know how to deliver luxury, this one has the potential for an incredible spread.
For those thinking about short-term rentals, this one could be perfect! It’s got lots of waterfront, lots of land, lots of parking, lots of beds / baths, a pool, a deck, great curb appeal, and is in the heart of wine country! Short-term rentals like this are going for over $1,500 a night!
On top of all that, it’s got large 13ft ceilings on the main floor, and a separate entrance to the basement. Multiple exit paths remain open: flip it, wholetail it, STR it, or move into your dream home with massive equity! This one offers tons of value.
How can you profit?
1) Value-Add Flip – The home is well-kept, but simply dated (built in 2002). Many of the recent comps are larger, but even a 2 bedroom ARV on this street sold over $1.1M! The big-ticket items are in good shape, this is mostly a cosmetic play but offers HUGE margin.
2) Short-Term Rental – Surrounded by vineyards, 200ft of waterfront, a pool, large deck, 3 acres of cleared land, 6 total bedrooms, 4 bathrooms, and tons of parking make this an incredible short-term rental! Other waterfront rentals in Prince Edward County are charging as high as $1,500/night (and most offer less beds / baths and don’t have the acreage)!
3) Move In With Equity – End users get a waterfront bungalow with land, a pool, triple garage, and tons of equity. Though dated, the home is move-in ready!
SUMMARY:
- LOCATION: Consecon, ON (Loyalist Pkwy)
- PURCHASE PRICE: $899,000 Or Best Offer
- AFTER REPAIR VALUE: $1,400,000+
- CLOSING: August 4, 2026 (Limited flexibility in closing if required. This is an assignment sale.)
- TYPE: Detached Bungalow
- BEDS/BATHS: 3+3 beds / 2+1.5 baths
- PARKING: 3-car garage and TONS of driveway spaces
- BASEMENT: Finished/partially finished with separate entrance from garage
- SQFT: 2,350
- LOT: 3 acres of waterfront
- AGE: 2002
- PROPERTY TAX: $7,144 (2025)
- POSSESSION: Vacant
- WELL/SEPTIC: Drilled well, septic, water filtration with UV filter
RENOVATIONS NEEDED:
- Cosmetic updates as desired.
- One basement window is leaking.
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Over 3 acres with over 200 ft of waterfront.
- $1.5M+ ARV with $500K+ spread.
- Triple garage and TONS of driveway spaces parking
- Original owners, house is less than 25 years old!
- Separate basement entrance from garage, with 7.5 to 7.75 ft basement ceiling height.
- Pool, massive deck, 13ft main floor ceilings, 200-amp panel, central vac
- Great bones, big-ticket items in good shape!
LISTING ID: 0626-CON-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, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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