Who’s looking for a profitable property?
This one’s for flippers who want a big spread and lots of options. In this market, even un-serviced vacant land is listed in the $400Ks, and many comps are selling for over $1M! Even smaller, older homes are selling in the high $800Ks.
This property offers a $400K spread, 3 garage spaces, and a large unfinished basement with a 7.5ft ceiling and separate entrance already in place. The big-ticket items are in good shape, and the house is ready for a cosmetic update!
The large 1.5 acre lot is surrounded by mature growth trees, providing significant privacy and a natural feel that is sure to attract end users.
How can you profit?
- Full Renovation Flip – HUGE $400K+ spread! With a semi-finished main floor and an unfinished full height basement, this property is a blank canvas. Top comps are selling well above $1M!
- Basement Conversion / Rental Hold – The basement is large, has 7.5ft ceilings throughout and already has a separate entrance. Estimated rents after renovation could be around $2,700-$3,200/month for the main home, with an additional $1,600-$2,700/month for a finished basement unit, depending on final layout.
- Real Estate Agents – End users can buy a 3-bed, 2 –bath home with a 1.5 acre property for less than a 1-bedroom condo in the area!! Immediately capitalize on the huge equity in this house and renovate into a dream home! 3% Co-op included for agents.
SUMMARY:
- LOCATION: Grand Valley, ON (Concession Rd. 5 & Hwy 25)
- PURCHASE PRICE: $499,900 Or Best Offer (3% Co-op included for real estate agents)
- AFTER REPAIR VALUE: $900,000+
- CLOSING: June 16, 2026 (Seller has option to extend 30 days if needed. This is an assignment sale.)
- TYPE: Detached bungalow
- BEDS/BATHS: 3 beds / 1.5 baths
- PARKING: 2 car attached garage + 1 car detached + LONG driveway with a minimum of 10 additional spaces
- BASEMENT: Unfinished, separate entrance, 7.5 ft ceilings through most of the basement
- SQFT: 1,785
- LOT: 149’ x 396’ (1.5 acre lot with future garden suite potential, buyer to verify)
- AGE: 1987
- PROPERTY TAX: $4,863 (2025)
- POSSESSION: Vacant possession
- WELL/SEPTIC: Regulalrly maintained, well pump is 10 years old
RENOVATIONS NEEDED:
- Full cosmetic renovation throughout.
- Finish basement for maximum ARV.
- No AC at present
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Huge spread with ARV well over 900K.
- 1.5 acre lot with future garden suite potential, buyer to verify.
- Separate entrance to massive unfinished basement with 7.5ft ceiling height.
- 3 garage spaces plus 10+ driveway parking spaces.
- Big ticket items in good shape!
LISTING ID: 0526-GRA-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
PS. Email us today for your info package. Who wants to make money on this one?