🔥 Two Homes + Workshop on 0.65A for Only $170K OBO Available

Who’s looking for a profitable property?

Here’s your chance to grab two dwellings plus a barn/workshop (and sheds) on 0.65 acres for only $170,000 OBO—less than the cost of a vacant lot and less than tax assessed value. With nearby sales supporting $700K–$750K ARVs, this is one of the lowest-entry projects available. Try finding another two-dwelling property in Ontario for under $200K—you won’t. Situated between Peterborough and Toronto, just minutes to Balsam and Canal Lake, under 40 minutes to Lindsay/Orillia, and less than 2 hours from the GTA, it’s a perfect flip, gut-and-rebuild, or affordable cottage getaway outside the city.

The main 1.5-storey home offers ~1,000 sq ft with 2 beds and 1 bath, while the rear 1-storey adds another 1 bed and 1 bath. Both need significant junk removal, electrical upgrades, and full interior updates—but the metal roofs are already updated with plenty of life left and the footprints are ready to be designed to your specs. Two sheds and a barn add further value once improved!

How can you profit?

1. Fix & Flip – Renovate both dwellings and resell. With realistic ARVs of $700K–$750K, investors are looking at ~$260K–$285K net after costs on a clean execution.
2. Gut & Rebuild Within Footprints – Strip both homes to studs, modernize inside the existing shells, and update the barn with power and cosmetics. This avoids costly approvals and full new-build delays.
3. Rental or Cottage Option – Renovate and hold as two long-term rentals or keep one as a personal cottage retreat outside Toronto while renting the other. Low annual taxes ($1,896) keep carrying costs manageable.

Try finding another two-dwelling property in Ontario for under $200K—you won’t.

SUMMARY:

• LOCATION: Kawartha Lakes (Kirkfield), ON (County Rd 41 and Bexley Laxton Townline)
• PURCHASE PRICE: $170,000 Or Best Offer
• AFTER REPAIR VALUE: ~$700,000–$750,000
• CLOSING: December 16, 2025 (This is an assignment sale.)
• TYPE: 1¾-Storey Detached (front) + 1-Storey Detached (rear)
• BEDS/BATHS: Front 2-bed / 1-bath + Rear 1-bed / 1-bath
• OUTBUILDINGS: Large barn, 2 smaller sheds
• PARKING: Driveway, 2 spots
• BASEMENT: None
• SQFT: Front dwelling ~1,026 (as per MPAC) + second smaller dwelling
• LOT: 78.44 x 363 ft (0.65 Acres)
• AGE: 1900 (as per MPAC)
• PROPERTY TAX: $1,896 (2024)
• POSSESSION: VACANT – AS IS

RENOVATIONS NEEDED:

• Substantial junk and furniture removal
• Upgrade electrical service (currently fuses)
• Replace flooring, drywall, and insulation
• Modernize kitchens and baths in both dwellings
• Window/door updates as needed
• Add power to the barn if desired (subpanel + trenching)
• Landscaping
• Smells may be present
• Please view the pictures and videos for ideas on what you’d like to renovate.

Metal roofs (~15 years old) already cover both dwellings — one big-ticket item checked off.

GOOD NEWS:

• Metal roofs installed on both houses (~15 years old, long life left)
• Two dwellings + barn/sheds for less than a vacant lot and less than tax assessed value
• Purchase + Close + 6-Month Carry: ~ $192K–$195K!!
• ~$215K–$285K realistic net on fix & flip or gut & rebuild
• 0.65-acre deep lot, quiet rural setting, situated between Peterborough and Toronto
• Low annual taxes ($1,896)

LISTING ID: 1025-KIR-F01

Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Sarah Budden, Aaron Moore & Tomomi Wang
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? 

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