CHEAP DETACHED BUNGALOW IN RAMORE ONLY $60K! Available

  • $59,999
  • 2 beds
  • 1 baths
  • 900 sqft

CHEAP DETACHED BUNGALOW IN RAMORE ONLY $60K!

LIGHT FIX & FLIP OPPORTUNITY

1 HOUR AWAY FROM TIMMINS

Timmins Ave, Ramore

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Timmins Ave, Ramore
Closing Date: July 24th, 2026*Buyer to pay the Sellers legal fees up to a maximum of $1,500*

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

Strategies For Success

  • LIGHT FIX & FLIP : Consider completing some light cleanup and repairs such as the front deck, complete some landscaping, then just stage and list it on the MLS.

Details

  • Detached Bungalow
  • 2 Bedrooms
  • 1 Bathroom
  • 900 sqft above ground
  • Crawl Space
  • Built in 1959
  • No garage, but there is a laneway for parking

Mechanical & Systems

  • Electrical: Breaker panel
  • Furnace: Seller believes property has electrical heating, buyer to confirm
  • A/C: None
  • HWT: Owned, unsure of age
  • Appliances included: None

Roof & Exterior

  • Roof: Unsure of age, might need replacing
  • Windows: Unsure of age, might need replacing

Lot & Location

  • 41.5 ft x 100 ft
  • Property taxes are approximately $914
  • R1 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 or Wholetail opportunity.

  • Wholesale Price: $59,999 or Best Offer
  • We believe this property is worth at least $110,000 on the market in As-Is condition

Comparable Analysis

363 McIntyre Avenue sold for $130,130 in August 2025 after just 19 days on the market. This property is in a comparable condition to the subject with a similar 2-bedroom, 1-bathroom layout and a nearly identical 40 x 100 ft lot size. The comp benefits from a 2-car garage and a partially finished basement, whereas the subject has no garage and only a crawl space. With strong upside through cosmetic improvements, the subject presents an attractive value-add opportunity, with an extremely attractive entry price. After making the appropriate adjustments, we believe the subject property is worth at least $110,000 on the MLS in as-is condition.
Price:
$59,999
Address:
Timmins Ave
Ramore, Ontario
Square Feet:
900
Lot Size:
41.5 ft x 100 ft
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1959
Basement:
Crawl space

Call 647-930-0291 for more details

Property Location