Who wants a ready to go property with free land upside?
Not only do you get a $300k+ spread on a wholetail that’s already renovated, you also get the adjacent build lot for FREE! This deal could potentially bring you over $500k profit.
This home is newly renovated throughout, and big ticket items in great shape (roof 2020, most windows 2025, water heater 2025, furnace 2025). Additionally, it has an in-law suite with a separate entrance, and private laundry
This property has a view of Lake Simcoe which is only a block away. It’s also across the street from the gold course. It’s a high value area where new builds would fetch top dollar!
How can you profit?
- Easy Wholetail – The house already has updates done and it’s vacant. Clean it up, finish any remaining repairs, and list. Houses with this sqft are uncommon in the area and rarely sell under $1M.
- Landlords – Rent the whole house, or in-law / main unit separately (please note this is not a legal duplex with the city) Estimated market rent is over $4,000/month.
- Sell the Vacant Lot – This is the part that makes the deal different. You get 2 parcels for the price of 1! No recent land sales, but in 2024 lots like this were selling over 500k! Keep the house and let the land fund your purchase.
SUMMARY:
- LOCATION: Keswick, ON (Metro Rd N & Old Homestead Rd)
- PURCHASE PRICE: $589,900 Or Best Offer
- AFTER REPAIR VALUE: $900,000 + the value of the land!
- CLOSING: May 13, 2026 (Flexibility here. This is an assignment sale.)
- TYPE: Detached 2 storey
- BEDS/BATHS: 5 beds / 4 baths. 2nd floor has 3 beds, 1.5 bath, full kitchen and separate entrance. Main floor is 2 beds 1.5 bath, full kitchen and separate entrance.
- Water/Sewer: This property is on well and septic. Septic currently sized for single family home.
- PARKING: Driveway fits 6 cars, no garage
- BASEMENT: unfinished, 9 ft ceiling height
- SQFT: 2,662
- LOT: Approximately 3/4 Acre, to be severed by Seller before closing. (Seller could provide as 1 large lot if preferred)
- AGE: 1974
- PROPERTY TAX: $6,218 (2025)
- POSSESSION: Vacant
RENOVATIONS NEEDED:
- Finish basement for additional living space (9 ft ceilings)
- Complete interior renovations, some paint and general TLC needed
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- 2 parcels included in one purchase (Some services already run to the front of the vacant lot)
- Existing in-law suite
- 9 ft basement ceiling height
- 1 block from the water and beaches, across the road from the golf course
- Big ticket items in good shape!
- NEWLY RENOVATED
LISTING ID: 0326-KES-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
PS. Email us today for your info package. Who wants to make money on this one?
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