Flippers, here’s your next project.
This house offers $350k spread, or higher since you’re bigger than most comps in the area! At over 2700 sq ft you’ve got potential to make this a dream home!
Or, if you don’t feel like putting in the work, simply remove the junk and wholetail it. Nothing even close to this size is selling under 400k!
The property needs some work, but the big ticket items are in good shape: roof, windows, doors, and well pump all about 10 years old, and furnace is only 7 years old.
How can you profit?
1) Cosmetic Flip – $350k spread for a mostly cosmetic renovation. The size matters here. At over 2,700 sq ft you’re bigger than most comps which will help justify and even higher sale price!
2) Easy Wholetail – The lowest comp in the area sold for $420k and it is 200 years old! Clear the junk out, a little refresh, and you could sell in the mid to high $400’s. Great payday for minimal work!
3) Realtors – Help your clients get this property for 35% below market price! Now is the time to act before this property is gone. 2.5% co-op included.
SUMMARY:
– LOCATION: Smiths Falls, ON (1 hour southwest of Ottawa at Jasper Rd & Kitley Line 1)
– PURCHASE PRICE: $299,900 Or Best Offer (includes 2.5% co-op for realtors)
– AFTER REPAIR VALUE: $650,000+
– CLOSING: April 29, 2026 (There is some flexibility here. This is an assignment sale.)
– TYPE: 2 Story Detached
– BEDS/BATHS: 5 beds / 2.5 baths. All bedrooms upstairs (1 bed has been converted into laundry room but can easily be converted back) 2 full bath upstairs, half bath on main floor.
– WATER/SEWER: This property is on well and septic.
– PARKING: Attached 2 car garage, with 6+ additional spaces in driveway
– BASEMENT: unfinished, approximate height 5.5ft.
– SQFT: 2,706
– LOT: Over 1 acre
– AGE: 1900
– PROPERTY TAX: $2,063 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates throughout.
– Septic age unknown, but has been maintained regularly.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– 35% off market price!
– Large 2,706 sq ft home (much bigger than most comps)
– Over 1 acre of land
– Big ticket items in good shape (roof 10 years old, windows and doors 10 years old, furnace 7 years old, well pup 10 years old)
LISTING ID: 0326-SMI-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. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.