Port Dover is famous for its beautiful waterfront, vibrant marina, small-town charm and proximity to Lake Erie. Just minutes from the beach, this neighborhood provides a perfect balance of tranquility and convenience. For families, the area offers excellent schools, such as Lakewood Elementary and St. Cecilia’s, both within a short distance.
How can you profit?
1) Easy Wholetail: Buy for $459k, do some light touch ups, and touch the $600s on resale. If you want to start 2025 off with something easy-peasy, this one’s for you!
2) Fix & Flip: a nice reno would increase value to around $700k. That’s almost a $250k spread in a popular beach town!
3) Realtors, we’ll pay you 2.5% to bring us a buyer. The house is move in ready and at a huge discount…what a great Christmas present for your client!
SUMMARY:
– LOCATION: Port Dover, ON (Denby Rd & Richardson Dr)
– PURCHASE PRICE: $459,900 Or Best Offer (Includes 2.5% Co-Op for Realtors)
– CURRENT MARKET VALUE: Similar properties in similar condition are selling in the $610k-$640k range. None of the comps have as many bedrooms as ours!
– AFTER REPAIR VALUE: Around $700k
– CLOSING: January 4 – February 4, 2025 (Seller’s choice. This is an assignment sale.)
– TYPE: Detached Backsplit
– BEDS/BATHS: 3+2 bedrooms/1.5 Baths
– PARKING: 1 Car Garage Plus 2 Driveway Spaces
– BASEMENT: Finished with 2 bedrooms, Laundry and Utility Room
– SQFT: 1,228
– LOT: 50’ x 110’
– AGE: 1990
– PROPERTY TAX: $3,636 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Easy cosmetic updates to kitchen, some flooring (some is already newer), paint. Full bath is already brand new.
– Roof and windows are probably due for an upgrade soon, but no reported issues. You might wholetail without touching these.
– Siding needs cleaning to maximize curb appeal.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Huge discount on easy flip
– Super close to the beach
LISTING ID: 1224-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
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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