Who’s looking for a profitable Wholesale Real Estate Atwood property?
This house has MASSIVE opportunity for a small purchase price! $200k spread for a quick and easy flip. It’s a detached 2 bed bungalow, and only 705 sq ft which keeps the reno scope practical and affordable.
On top of that, is the land. This is a corner, double lot. Build lots in town are selling at $100k-$200k and new builds selling in the $600k’s. Subdividing and building would easily put your total future value well over $1 million!!
Located in Atwood On, this is about 45 minutes North West of Waterloo, and only 10 minutes to Listowel to pop in for groceries.
How can you profit?
1) Flip / Wholetail – Buy for $299,900, update cosmetics, then sell in the high $400’s to low $500’s range. The small footprint (705 sq ft) makes this a cheap and easy flip!
2) Buy & Hold Rental – Rent it out and let the entry price do the heavy lifting. Estimated rent is $1,700-$2,000/month based on comparables.
3) Future Development / Land Upside – This lot is 132’ x 66’ with frontage on two roads. Severing would allow you to sell the land separately to add an extra $100k+ on your ARV. Or do the build yourself. This would move your total future sale price to $1m-$1.2m, giving you an $800k upside!! (buyer to verify with the municipality).
SUMMARY:
– LOCATION: Atwood, ON (Main St & Monument Rd)
– PURCHASE PRICE: $299,900 Or Best Offer
– AFTER REPAIR VALUE: $475,000+
– CLOSING: March 12, 2026 (Flexibility for later closing. This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 2 beds/1 bath
– PARKING: 3+ on driveway and one in garage
– BASEMENT: Unfinished
– SQFT: 705
– LOT: 132’ x 66’ Double, corner lot (subdivide and build to double your ARV!)
– AGE: 1955
– PROPERTY TAX: $2,134 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates throughout (Kitchen, bathroom, flooring, fixtures, paint)
– Roof is mixed age (Half updated a couple years ago, half is ~20 years)
– Oil furnace (~40 years), no AC
– Mostly original windows
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Detached bungalow in the $200s!!! (Cheapest habitable detached home in Atwood in over 7 YEARS)
– Massive corner lot (132’ x 66’) with severance potential (buyer to verify)
– Simple 700 sq ft footprint, makes for a quick and cheap reno
– BONUS: 20hp John Deere mower included
LISTING ID: 0126-ATW-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 & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?