Who’s looking for a profitable Wholesale Real Estate Wasaga Beach property?
At $449,900, this property is available at a 200k (30%) discount off market value! You can easily make that spread on a wholetail or a $300k spread on a flip with a proper reno. This raised brick bungalow sits in the highly desirable Oakview Beach neighbourhood of Wasaga Beach. Across the street from the river and barely 200 metres from the beach, the location will have buyers lining up when you list this summer. Most comps are much further from the water, which should result in even better returns when it’s time to sell!
1,218 sq ft, 3+1 beds, 2.5 baths, a 1.5-car garage, and a full-height finished basement. The house has good bones, but it is dated and ready for cosmetic updating. Multiple exit paths remain open depending on your goals and timeline.
How can you profit?
Wholetail – Clean it, stage it, and relist. Similar condition or worse comps in Wasaga are selling in the mid $600s. Massive profit with minimal work!
Flip – The bones are there, and with a 3 year old roof, your priority is cosmetics. With a modern, fresh look, raised bungalows in this area are worth $750,000! Sell even higher with a basement unit / in-law suite.
Add a Basement Unit – The basement is full height (over 8ft as measured by seller), with huge windows, finished, and has a full bathroom. A separate entrance can be created by reworking the initial entry. Estimated combined rent of $3,500-$4,200/month once separated.
Move In With Equity – End users can move in with massive equity! This property is 200k under market price. Realtors, add your desired commission and bring your closers.
SUMMARY:
LOCATION: Wasaga Beach, ON (Mosley St & 18th St N)
PURCHASE PRICE: $449,900 Or Best Offer
CURRENT MARKET VALUE: $650k. That’s a huge $200k discount off market value!
AFTER REPAIR VALUE: Up to $750,000 (A newer build with an unfinished basement sold down the road for $830K!!)
CLOSING: March 31, 2026 (Seller can be flexible for a strong offer. This is an assignment sale.)
TYPE: Detached Raised Bungalow
BEDS/BATHS: 3+1 beds / 2.5 baths
PARKING: 1.5 car garage + driveway parking
BASEMENT: Full height, finished. 8’ ft ceiling height as per seller. Separate entrance can be created by blocking off initial entry and adding doors
SQFT: 1,218
LOT: 50’ x 100’
AGE: 1998 (less than 30 years old)
PROPERTY TAX: $4,299 (2025)
POSSESSION: Vacant on possession
POTENTIAL RENT: $3,500-$4,200/month as 2 units (estimated)
RENOVATIONS NEEDED:
– Cosmetic updates throughout (paint, flooring, fixtures). Kitchen and bathrooms are usable, but ready for updating
– There was a small basement leak last spring that has not occurred since
– Furnace AC and windows due for an upgrade
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Buy at $449,900 OBO, huge discount vs resale comps
– River directly across the road, and far closer to the beach than almost all comps
– Brick raised bungalow with solid bones, full-height finished basement
– Strong second-unit potential
– Roof is 3 years old; Beautiful large windows in basement
LISTING ID: 0126-WAS-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 & Tobias King
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Get notified of only the Wholesale Real Estate Wasaga Beach deals you are interested in by telling us your areas of interest. We notify you by email based on the geography you want. PUSH HERE to get the deals you want.
PS. Email us today for your info package. Who wants to make money on this one?