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Drummond Street, Brantford
Offer Date: FIRST COME FIRST SERVE
Closing Date: December 15th, 2025
**The Buyer agrees to pay the Sellers’ legal fees up to $1500**
**The Seller has the option to extend closing to Jan, 15th 2026 if notice is given to the Buyer by Nov, 25th 2025. The Seller may also shorten the closing to Nov, 28 2025 if notice is given to the Buyer by Nov, 14th 2025**
*Realtors bring us a client and add your commission on top of the purchase price*
Strategies For Success
- Full Interior Renovation and Flip – Add value through a clean, functional renovation with fresh paint, updated bathroom & kitchen, new flooring, and modern fixtures. Comparable sales clearly indicate that top-end finishes are not required! Once complete, the home will be highly attractive to entry-level retail buyers seeking an affordable, move-in-ready property.
Property Overview
Property Details:
- Detached 1.5 Storey
- 3+1 bedroom
- additional bedroom is on main floor extension area which is behind kitchen
- can be used as a bedroom, sunroom, den or additional living room
- 2 bathroom
- 1 full upstairs
- 1 powder room on main
- 1,148 sqft above grade & 340 sqft below grade
- Basement is unfinished
- Ceiling height is approximately 6ft throughout
- No separate entrance
- For storage and utilities, not functional basement
- No garage
- Built in 1900
- Brick Exterior
- Stone foundation
- No cracks or leaks in basement as per seller
Mechanical & Exterior
- Electrical: Breaker panel, copper wiring throughout
- Furnace: Rental, replaced in 2022
- To be paid off by Seller upon closing
- A/C: Rental, replaced in 2022
- To be paid off by Seller upon closing
- HWT: Rental, replaced in 2025
- Appliances included: Washer and dryer in AS IS condition
- Roof redone in 2022 (as per seller)
- House extension shingles appear older and need to be replaced
- Windows are mostly wood and dated
- Some are vinyl (buyer to verify)
Lot & Location
- 30.50 ft x 93.91 ft lot
- Property taxes are approx. $2,535
- 5-minute drive to HWY 403
- NLR Zoning
Important Notes
- There is a pet smell throughout the property
- Budget for Junk Removal – seller has the option to leave junk behind
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or rental opportunity.
- Wholesale Price: $299,999 or Best Offer
- We believe that this property is worth $360,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $515,000 on the MLS.
- Purchase today for $60K BELOW MARKET VALUE
Comparable Analysis |
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| 383 Marlborough Street sold for $441,300 in September of this year. It has a 3-bedroom, 1-bath layout with a 1 car detached garage and is smaller than the subject property, with only 960sqft of living space. The property was built in 1945, and sits on a larger 47ft x 116ft lot. Cosmetically the comparable is very dated and would require a full renovation to increase its value. Additionally, the comparable property has a 1 car detached garage whereas the subject property does not. Similarly to the subject property the comparable property’s basement is mainly a storage and utility area, unfinished and not very functional. Therefore we believe after making adjustments, the subject property would sell for a price around $360,000 in AS IS condition. |
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232 Grey St for $365,000 in August 2025 after 22 days on the MLS, this 3-bedroom, 2-bath, 1.5-storey detached home sits on a 33 ft x 125 ft lot with about 1,296 sq. ft. The property includes a garage in poor condition, likely a tear-down, and is cosmetically very dated, requiring a full renovation. Like the subject property, it has seen upgrades to the breaker panel, roof, and utilities, but still needs modern updates to reach its full potential. While listed as a 3-bedroom home, its layout includes 2 bedrooms upstairs and 1 on the main floor, whereas the subject property has 3 bedrooms upstairs and 1 on the main, which is generally more desirable.
Based on this comparable, the subject property in as-is condition would likely sell for around $360,000. |
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| 94 Superior Street sold for $575,000 in October 2025. This 3 bed, 2 bathroom 2-storey property sits on a 44ft x 84ft and is approximately 1000sqft as per the listing. The comparable has undergone a full interior renovation (was previously purchased as a 2bed 1bath for $320K in 2023 in as is condition) including the addition of a bedroom and bathroom. Similar to the subject property, the basement is unfinished and currently used as a utility and storage area. The comparable also has a newly built garage whereas the subject property does not. However the comparable is situated in Eagle Place which is less desirable than the subject property’s area of Brantford. We believe after a full renovation, the subject property would sell for a price around $515,000 on the MLS. |
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