95k Undervalued Phenomenal Flip or BRRRR with 200k+ Spread, 1 hour from Toronto, in Woodville Assigned

  • $355000
  • 3 beds
  • 2 baths
Assigned

This is your opportunity to purchase your next amazing flip or BRRRR property only 1 hour from Toronto,15 minutes from Kawartha Lakes, and 30 minutes from Lindsay! This property presents phenomenal spread with the last two properties both selling for 720k and above over the past year and within minutes walking distance. This property boasts tons of potential with a large lot, a detached home, detached 2 story workshop with the upstairs currently turned into a living space with kitchen, and 2 detached sheds. This is a phenomenal property for investors looking for affordable properties with immediate upside and BRRRR/flip potential within driving distance to Toronto.

 

Summary:

This is the cheapest property available by over 250k+ over the past 365 days within 1km of the subject property. Vacant land is listed for 280k on the MLS and a nearby property is listed at 650k in Kawartha Lakes.

Calling all investors looking for their next renovation project, whether it’s for a highly profitable flip or for a phenomenal BRRRR and cash-flow opportunity. 277 Glenaram Rd is an amazing investment opportunity with recent comparables selling well over 700k+, and minimal supply in the Woodville market. This property is located within half an hour to Lindsay, Port Perry, 15 minutes to Kawartha Lakes, 45 minutes to Oshawa/Whitby, and 1 hour to Toronto.

This property has two detached sheds for storage, in addition to a large 2 story workshop in which the upstairs is currently used a recreational/additional living space with electrical and full insulation in the 2nd floor, and the main floor is used as a workshop and storage. Buyer can explore turning the workshop into a separate detached unit that could easily boast 3-4 bedrooms and 2 bathrooms. The main property is a 3 bed + 2 bath with solid mechanicals and strong bones (no noticeable foundational issues) with newer kitchen cabinetry installed and in need of cosmetic facelift throughout. Moreover, there is ample backyard space- making this property an attractive flip, potential short-term rental or BRRRR property.

With immediate upside on the purchase, huge upside potential, and within close distance to many large cities such as Toronto, Oshawa, Whitby, Lindsay, etc. this property is perfect for investors looking for their next profitable project nearby the GTA. Make sure to contact us quickly, as this opportunity will not last long!

Property Features:

  • Detached single family home with finished recreational room in workshop
  • Lot Size: 52.99ft frontage (8,137.51 sqft)
  • Year buit: 1945 (per MPAC)
  • Above grade 1151sqft
  • Zoning: RR2 (per MPAC)
  • Basement unfinished 447sqft
  • Garage – 2nd floor is used as a mancave/recreational living area. 1st floor is a workshop. Two entrances to the 2nd floor unit from the outside and from staircase in the 1st floor workshop/barn/garage. Garage has their own electrical.
  • Two storage sheds in backyard
  • Main detached house: 3 beds + 2 baths
  • Newer kitchen cabinets
  • Roof – steel approx. 20 years
  • 100 amp breaker panel copper wiring
  • Plumbing – copper & pex
  • Oil furnace, forced air installed in 2017
  • Basement height ~6ft
  • Hot water tank owned
  • A/C owned
  • Sump pump + back water valve
  • Septic tank system – in 2016
  • 2 separate sheds
  • Vacant possessionClick Here for Photos, Videos & MPAC
Price:
$355000
Address:
Woodville
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home

Call 647-933-5598 for more details

Property Location