CHEAP DETACHED 1.5 STOREY IN LONDON! Assigned

  • $269,999
  • 3 beds
  • 1.5 baths
Assigned

CHEAP DETACHED 1.5 STOREY IN LONDON!

FIX & FLIP OR RENTAL OPPORTUNITY

CHEAPEST DETACHED IN LONDON!

Redan St, London
Pictures and More

Redan St, London
Offer Date: FIRST COME FIRST SERVED
Closing Date: July 2, 2026

**The Seller has the option to shorten closing to June 17 2026 if notice is given to the buyer by May 28 2026.*

** Realtors bring us a client and add your commission on top of the purchase price**

 

Strategies For Success

  • FIX & FLIP: Complete a full interior renovation consisting of kitchen, bathrooms, flooring, paint throughout, and updated fixtures to bring this property back to life!

Details

  • Detached 2-Storey
  • Beds: 3
    • 3 bedrooms upstairs
    • Sunroom on main floor is being used as a bedroom
  • Baths: 1.5  
    • 1 full bath upstairs, 1 powder room on main floor
  • 1191 sqft above ground & 414 sqft below grade
  • Unfinished basement
    • Basement ceiling height – Approx. 6ft throughout
    • Separate entrance to basement from side door
  • No garage ; driveway for 2-3 cars
  • Built in 1908

Mechanical & Systems

  • Electrical: Fuse panel. Seller advised there is no knob and tube wiring, just majority copper and some aluminum.
  • Furnace: Owned, replaced 15 years ago as per seller
  • A/C: None
  • HWT: Rental, to be assumed by buyer
  • Appliances included: Fridge, stove, washer, dryer in AS-IS condition

Roof & Exterior

  • Roof: Metal roof, replaced in 2013
  • Windows: Original windows
  • Backyard requires some landscaping

Lot & Location

  • 36.94 ft x 143.79 ft lot
  • Property taxes are approximately $2129
  • R2-2 Zoning

Important Notes

  • Seller has the option to leave junk behind—budget recommended for junk removal
 
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.

  • Wholesale Price: $269,999 or Best Offer
  • We believe that after the recommended renovations are completed, this property should be worth at least $460,000 on the market!
  • Purchase today for $190K SPREAD TO ARV!

Comparable Analysis

355 Hamilton St sold for $440,000 in January 2026! This detached 1.5 storey comparable has 2+1 bedrooms, 2.5 bathrooms and has been completely renovated throughout. This comparable has one less bedroom than the subject property, but one additional full bathroom. Both properties are similar in square footage and lot size. However, this comparable does sit on a main road and is beside a commercial lot, whereas the subject property is tucked away on a residential side street. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property will sell for $460,000 on the MLS!
54 Mamora Street sold for $455,000 in March 2026! This detached 2-storey comparable has 2 bedrooms, 2.5 bathrooms, and has been completely renovated throughout. Additionally, this comparable has updated landscaping and an interlock driveway. Both the subject property and this comparable are similar in square footage, however the subject property sits on a larger lot. Additionally, the subject property has a mix of brick and siding exterior, whereas this comparable is all siding. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property will sell for $460,000 on the MLS!
Price:
$269,999
Address:
London
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1908

Call 647-930-0291 for more details