Who wants an easy reno and big profits? And you get to buy low in the $300s!
How can you profit?
1. Easy wholetail. Buy for $329k, do a small reno like painting, touch ups, yard work and cleaning, then sell for around $470,000. We can show you a very similar brick home that just sold for $470k this month. Our house is almost the same style, however, our lot is way bigger.
2. Fix & Flip it! Buy for $329k, do a full reno and sell for over $500k. Ask us and weāll send the comparable houses that are selling well into the $500,000s a couple streets over.
3. Move In! While the home is dated, a good clear-out and professional cleaning can make it perfectly livable. With a summer closing, you’ll have plenty of time to secure traditional financing. Looking to break into the market at a low price before things heat up? Enjoy built-in equity from day one and update the home at your own pace to match your style.
4. Hold and Rent. Potential rental income ranges from $2,100 to $2,500/month, depending on the level of finishes.
You wonāt find a 3-bedroom house this cheap anywhere in town! Located in a quiet, established neighbourhood, this solid brick 2-storey home offers tons of charm and potential. You’re minutes from Georgian Bay, Little Lake, parks, schools, and shopsāmaking this an ideal location for families or future tenants. The home sits on an EXTRA DEEP 50ā x 200ā lot.
SUMMARY:
– LOCATION: Midland, ON (Victoria St & Sixth St)
– PURCHASE PRICE: $329,900 Or Best Offer (Realtors, weāll pay you 3% to bring us a buyer!)
– AS-IS VALUE: mid $400s and $470k with some easy cosmetic renos and cleanout.
– AFTER REPARI VALUE: MID-high $500s. Thereās a recent sale for $578,500 that shows you a reno plan to follow. Very comparable!
– CLOSING: June 10 ā July 19, 2025 (Sellerās choice. Lots of time to get a bank mortgage either way! This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3 Beds/1.5 Bath
– PARKING: 2-3 Spaces
– BASEMENT: Partially Finished (6ft ceilings)
– SQFT: 1,237
– LOT: 50ā x 200ā
– AGE: 1900
– PROPERTY TAX: $3,235 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates throughout. It depends on what after repair value you want to achieve.
– Detached garage structure has collapsedāopportunity to clear or rebuild.
– Yard work.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– 3-bed detached in a high-demand pocket of Midlandāsurrounded by nature, water, and town amenities. 10 minute walk to the water!
– Market momentum: 26 homes sold in March alone in Midlandābuyers are active!
– Roof (2018) and mechanicals (Furnace/Water Heater 2012) are already handled.
LISTING ID: 0425-MID-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and moreā¦)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard
647-557-5979
www.HouseDealsGTA.ca ā Wholesale Properties For Real Estate Investors
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