65K Undervalued Detached Single House Family House Flip in Orillia Assigned

  • $365,000
  • 4 beds
  • 1 baths

This is your opportunity to purchase your next flip project in the beautiful city of Orillia, also known as the Sunshine City. This beautiful city attracts thousands of tourists per year do the city’s large waterfront and multiple cultural and annual attractions. Only a 1 hour 30 minute drive from the GTA and 30 minute drive from Barrie, this property serves as an amazing BRRR, flip or Airbnb project to investors while still remaining driving distance to major city centers.

Take advantage of this undervalued single family home in Orillia, ready for “forced appreciation” renovations. This property backs on to McKinnel Park and is a 1 to 4 minute walking to distance to many local restaurants, retail stores, convenience stores, churches, and services. This property offers versatile strategy for investors, from a fix-and-flip, BRRRR, or even Airbnb as Orillia serves as a popular get-away and tourist attractions for locals and travelers alike with major festivities, cultural events, a beautiful and large waterfront, and is also home to Casino Rama.

This property is on a large 39.99ftx142.64ft lot and is currently a 3 bedrooms above grade and 1 bedroom below grade, 1 bathroom property. This property is oozing with potential and is perfect for an investor looking to take on their next flip or BRRRR project. There is further potential to finish the basement for additional living space. Two properties on the same street and within a 1 minute walk sold at 525k and 445k (much smaller house, only 2 bedrooms) respectfully.

The suburban detached market in Orillia is hot! Get your hands on a vacant, detached single family home property with great flipping, BRRRR, buy-and-hold, Airbnb, and long-term upside potential today!

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