Laurentian Ave, Oshawa
Offer Date: FIRST COME FIRST SERVED
Closing Date: March 12th, 2026
*The Seller has the option to shorten the closing to February 27, 2026 if notice is given to the buyer by February 19, 2026. The seller may also extend closing to April 3 2026 if notice is given to the buyer by February 19, 2026*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
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Fix & Flip: Complete a full interior renovation – flooring, trim, doors & both upstairs & downstairs kitchens – to maximize ARV value. Save on renovation costs by salvaging both washrooms – leave upstairs washroom as-is, and re-tile basement shower & update fixtures.
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Duplex Conversion: Convert into a legal duplex, refinance to pull out capital & rent for the long term!
Property Overview
Details
- Detached Brick Bungalow
- Beds: 3+2
- 3 on main floor & 2 in basement
- Baths: 1+1
- Full bathroom on each floor
- 1007 sqft above ground & 1034 sqft below grade
- Finished Basement approx. 6.5-7ft in height throughout
- Separate entrance to basement
- Smoker’s house
- No garage
- Built in 1957
Mechanical & Systems
- Electrical: Breaker, 100amp panel
- Furnace: Replaced in 2017, owned – according to seller
- A/C: Replaced in 2017, owned – according to seller
- HWT: Rental, seller is unsure of age
- Appliances included: Fridge, Stove, Washer, Dryer in as is condition
Roof & Exterior
- Roof: Reshingled 5-7 years ago, according to seller
- Windows: Majority are vinyl, seem to be in good condition – basement windows are older and likely need to be replaced
Lot & Location
- 55.06ft x 114.81ft lot
- Property taxes are approximately $4,451
- R2 Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
- Smoker’s house
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Rental opportunity.
- Wholesale Price: $519,999 or Best Offer
- We believe that after the recommended renovations are completed, this property should be worth at least $720,000 on the MLS
- Purchase today with OVER A $200K SPREAD TO ARV
Comparable Analysis |
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| 484 Phillip Murray Ave sold 30 days ago for $707,500 after only 8 days on the market! This detached 3+2 bedroom, 1+1 bathroom is a splitting image of the subject property. This comparable has been fully renovated, with a finished basement apartment with a separate entrance. In comparison, the subject property would require a full renovation however the washrooms can be salvaged, saving on renovation costs. Both properties do not have a garage, and sit on a similar sized lot. This comparable property sits on a busier street, which is inferior to the subject property tucked away on a quiet residential street. We believe after the recommended renovations are completed and the appropriate adjustments are made, the subject property should sell for at least $750,000 on the MLS today! |
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| 1363 Park Road S sold for $843,000 in October 2025. This 3+3 bedroom, 3.5 bathroom bungalow has been completely renovated, with no room left untouched. This comparable is slightly larger in square footage and sits on a slightly larger lot. Both the subject property and comparable have finished basement apartments, however the comparable has an additional bedroom and bathroom in the basement, and a powder room on the main floor. After making the appropriate adjustments for this superior comparable and completing the recommended renovations, we believe the subject property should sell for $750,000 on the MLS today! |
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