Who’s looking for a profitable property?
End users get instant equity here! It’s a detached bungalow with a lakeview and a big 100’ x 150’ lakeview lot that backs onto wetland, so nobody can build behind and you keep the privacy behind you. The kitchen is dated but clean and functional, one bathroom is recently updated, and the remaining work is the kind of stuff you can control quickly.
How can you profit?
1) Easy Wholetail – the house is clean and although some areas are dated, the neighbourhood doesn’t seem to expect modern finishes to pull good value. Keep your renos minimal and throw it back on the market!
2) Family Cottage – this is a popular cottage neighbourhood by-the-lake. Throw a stone from your front door into the water! Lots of parking for all your guests and unlimited enjoyment of Lake Simcoe.
3) Rental / Short Term Rental – Estimated long term rent is $2,600 to $3,000 per month based on comparable 3 bed detached rentals in similar pockets. If you prefer short term, the lakeview and proximity to beaches can support higher seasonal income. AirBnBs in the neighbourhood pull almost $2,000/week in the summer.
4) Realtors: Bring Your Clients – Just add your desired comp on top of our list price. This is not a distressed project. It is a clean, dated bungalow with clear upside. Ideal for buyers who want value, do not mind updates, and want instant equity on day one for their new seasonal home.
SUMMARY:
– LOCATION: Innisfil Beach, ON (East of 10th Line & 25th Side Rd, by Leonard’s Beach on Lake Simcoe)
– PURCHASE PRICE: $429,900 Or Best Offer
– AFTER REPAIR VALUE: Around $600k. But some comps demonstrate an ARV of closer to $700k!
– CLOSING: April 14, 2026 (Quite flexible. This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3 beds/2 baths
– PARKING: 2 car attached garage plus many many driveway spaces
– BASEMENT: Crawl Space
– SQFT: 1,424
– LOT: 100’ x 150’
– AGE: 1968
– PROPERTY TAX: $4,437 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Rent-ready as is and very clean! But could use cosmetic updates throughout if you want to modernize it.
– Drywall patch in bathroom (from prior plumbing repair access)
– Garage door track or rollers may need attention
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Lakeview setting (not waterfront, but across the street!)
– Backs onto wetland, so no rear neighbours
– Creek buffer between properties adds privacy
– Big 100’ x 150’ lot
– One bathroom recently updated
LISTING ID: 0326-INN-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 & Tobias King
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?