Wholesale Price: $145K OBO
Estimated As-Is Value: ~210K+
Estimated After Repair Value: ~$390K+
Closing: April 28, 2022
Ambitious flippers/BRRRRers will love this deal! Take advantage of this bargain basement purchase price to obtain your next profitable restoration project in Trenton, Ontario. The location is beautiful, a good-sized corner lot with direct view of the Trent river, walking distance to the Bay of Quinte, and 20mins to wine country. The house is ready for a full makeover, and that’s where you make your money! In the last year multiple single family homes of similar size (700sqft) within .8km of this house have been fully renovated and sold for over $350K. These would likely sell for 430k+ in today’s market, check the comps! Click below for photos and videos then contact Peter today at 647 955 0843 to place an offer or learn more about this opportunity.
Take advantage of this opportunity to buy low and force big appreciation in Trenton. Epic Flip or BRRRR potential with 245k in spread from purchase to ARV value.
Trenton is an historic city located at the mouth of the Trent River on the Bay of Quinte (Lake Ontario), 1.5 east of Toronto and 20mins from the vineyards of Prince Edward County! It has a population over 20 000 and a steady rental market due to its strong ties with the Canadian Forces Base (CFB Trenton) on the eastern edge of town. Relative proximity to GTA and Prince Edward County has driven investment in recent years (as evidenced by our comps). 390 Front St is a stone’s throw from the Trent River and a short walk from the lakeshore parks on the Bay of Quinte (Lake Ontario). It is also walking distance to North Trenton Public School and Trenton Memorial Hospital.
24 Water St – $400,000 (Sold November 2021)
23Guelph St – $375,000 (Sold August 2021)
71Water St – $280,000 (Sold April 2021)
11Trenton St – $339,000 (Sold Aug 2022)
For full information, videos, and photos check out the link below: