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West Street South, Orillia
Offer Date: FIRST COME FIRST SERVED
Closing Date: January 8th, 2026
**Seller may extend closing to February 3rd, 2026 if notice is given to Buyer by December 23rd, 2025**
**Buyer agrees to provide a further deposit of $5,000 directly to Seller**
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
Quick Clean up and List: Clean out the property and list with an agent for a quick profit on the MLS
Fix and Flip: Cosmetically renovate the interior to achieve a maximum sale price on the MLS
Property Overview
Details
- Mobile Home
- Beds: 2
- Option to convert living room into 3rd bedroom
- Baths: 1
- 1,020+ sqft above grade
- No garage
- Asphalt driveway
- Built in 1990
- 57 feet x 11 feet
Mechanical & Systems
- Electrical: Breaker panel, copper wiring, amperage unknown
- Furnace: Owned, 15+ years old, in working condition
- A/C: None
- HWT: Rental, 10+ years old, in working condition ; to be assumed by Buyer
- Appliances included: Fridge, Stove, Washer/Dryer in AS-IS condition
Roof & Exterior
- Roof: 10+ years old, in good condition
- Windows: Age unknown, appears to be original ; Buyer to verify
Lot & Location
- $520/month lease fee according to Seller ; Buyer to verify
- 5-minute drive to Trans-Canada Highway
- 10-minute drive to Highway 11
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 Wholetail or Fix and Flip opportunity.
- Wholesale Price: $144,999
- We believe the this property is worth $205,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $240,000 on the MLS
Comparable Analysis |
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| 178-580 West Street South sold for $200,000 in August 2025. This comparable home is a 3 bedroom, 1 bathroom that is similar in size to the subject at 700-1,100 sqft. The comparable is also in similar condition to the subject, having received little to no cosmetic updates throughout, although the subject’s kitchen appears to newer and in better condition. After making the appropriate adjustments, the subject property would be expected to sell for approximately $205,000 in as-is condition on the MLS. |
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| 118-580 West Street South sold for $185,000 in August 2025 after only 18 days on the market! This comparable home is a 2 bedroom, 1 bathroom that is, according to House Sigma, similar in size to the subject at 700-1,100 sqft, although it appears to be smaller. The comparable is in similar condition to the subject, having only received some cosmetic updates to the flooring. Unlike the subject, there is no potential to add a 3rd bedroom. After making the appropriate adjustments, the subject property would be expected to sell for approximately $205,000 in as-is condition on the MLS. |
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| 53-580 West Street South sold for $255,000 in October 2025 after only 11 days on the market! This comparable home is a 2 bedroom, 2 bathroom that is similar in size to the subject at 700-1,100 sqft. The comparable is in better condition than the subject and has received a few more cosmetic updates throughout. The comparable has an extra full bathroom compared to the subject, however, there is no potential to add a 3rd bedroom. After making the appropriate adjustments and completing the recommended renovations, the subject property would be expected to sell for approximately $240,000 on the MLS. |
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