Charlotte St, London
Closing Date: November 19th, 2026*The Seller has the option to extend closing to December 19 2026 if notice is provided to the Seller by October 20 2026. The Seller may also shorten closing to October 19 2026 if notice is provided by September 25 2026*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP : Remove the junk and give the property a thorough clean followed by updating the dated flooring, bathrooms, kitchen and upgrading to modern fixtures & finishes. Complete light landscaping for added curb appeal before relisting on the MLS.
- WHOLETAIL/LIGHT FIX & FLIP: Complete a light cosmetic renovation with fresh paint, minor key improvements. Focus on improving marketability without over-renovating.
Details
- Detached 1.5 Storey House
- 3 Bedrooms
- 1.5 Bathroom
- 1,522 sqft above ground & 515 sqft below grade
- Unfinished basement
- approximately 6ft throughout with some areas less than 6ft
- Built in 1893
- 1 Car Detached Garage
- Front porch needs some boards replaced
Mechanical & Systems
- Electrical: Breaker Panel (100 amp)
- Furnace: Owned, 20 years old, works well
- A/C: Owned, Age unknown
- HWT: Rented, 2 years old
- Appliances included: Fridge, Stove, Washer, Dryer in as is condition
Roof & Exterior
- Roof: Approximately 10 years old, Seller, has completed some reshingling in certain areas
- Windows: Some will need to be upgraded, some have been replaced to vinyl
- Foundation: Needs some parging
Lot & Location
- 31 ft x 148 ft lot
- Property taxes are approximately $3,805
- R2-2 Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.
- Wholesale Price: $244,999 or Best Offer
- We believe this property is worth at least $350,000 on the MLS in As Is condition
- We believe this property will be worth at least $410,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 1026 York Street sold for $317,500 29 days ago. This property features only 1 bedroom, 1 bathroom, and less than 700 sqft of living space, along with a 1-car garage and an unfinished basement. While it sits on a larger 52′ x 167′ lot, its overall condition was comparable to the subject property. Given the subject property’s significantly larger living area, additional bedrooms and bathroom, while accounting for its similar overall condition, we believe the subject property would be expected to sell for at least $350,000 on the MLS in AS-IS condition. |
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| 401 Salisbury Street sold for $410,000 in June 2026. It features 4 bedrooms, 2 bathrooms, 1,100–1,500 sqft, a 30′ x 115′ lot, no garage, and a partially finished basement. The property had several updates, including a heat pump/forced-air furnace, and central air.. Given the similar age, lot size, and overall size, this is a strong comparable for the subject property following renovations. Therefore, we believe the subject property would be expected to sell for at least $410,000 on the MLS after the recommended renovations are complete. |
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