This is a great opportunity for a fix and flipper to make a large profit with a quick cosmetic renovation on a property in an extremely hot market. Alternatively, this property could also work very well as a wholetail. The average home price in Dundas is now $952K and the average days on market is down to 11 days, as per Zolo.
The subject property is considerably larger than the average house in Dundas at 2,195 sq ft, and it also boasts a large well-treed lot with 77 feet of frontage and 172 feet of depth with excellent privacy from both the street and from neighbours.
The property has a great rural vibe, minutes away from conservation areas, waterfalls, and golf courses, while still being proximal to amenities such as grocery stores and restaurants. Best of all, it’s only 15km to downtown Hamilton and 62km to Toronto.
Take advantage of this opportunity to purchase an undervalued single family home, for $152K less than the average home price in Dundas, ON, despite being a larger property on a larger lot.
This 2.5 story property, with a finished attic, has 3 large bedrooms, 1 bath, and can easily accommodate an additional bathroom given its large square footage (2,195 as per MPAC).
The subject property’s exterior oozes small town charm with light blue siding, white trim and a wrap around porch to enjoy the country vibes.
Inside, the main floor features high ceilings on the main floor (approximately 9 feet), and a partially open-concept floorplan with a large eat-in kitchen. The kitchen itself is in good condition, but could easily be transformed with new countertops and appliances.
The location is fantastic, close to all amenities including McMaster University (<10km) and downtown Dundas is well known for its quaint feel and has been featured in many movies and films for it’s old school charm.
The property includes a large storage shed which also houses the cistern, though the property also has a shared well with a neighbour.