Beaver Street, Thorold
Closing Date: September 15, 2026** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP: Complete a cosmetic renovation focused on updating the kitchen, replacing flooring where necessary, applying fresh paint throughout, and modernizing fixtures and finishes. Address the basement leaks with parging, resolve the backed-up rear sewer line, and complete general cleanup and junk removal as required. Finish with light landscaping and curb appeal improvements.
Details
- Detached 1.5 Storey
- 3 Bedrooms
- 1 Bathrooms
- 1,170 sqft above ground & 315 sqft below grade
- Unfinished wet basement
- Ceiling height approximately 5’9″ throughout
- Unfinishable, mostly for storage
- Small foundational leaks require parging
- Built in 1900
- No garage
Mechanical & Systems
- Electrical: Breaker panel
- Furnace: Owned, 1-2 years old according to Seller
- A/C: No A/C
- HWT: Rental, new
- Appliances included: Fridge, Stove, Washer, Dryer in as-is condition
Roof & Exterior
- Roof: Replaced 8 years ago as per Seller
- Windows: Replaced 8 years ago as per Seller
Lot & Location
- 37.69ft x 122.44ft
- Property taxes are approximately $1,874
- R1C Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
- Back sewage pipe is either clogged or backed up and will need to be replaced or cleaned out, according to Seller’s contractor quote would cost $10k to fix.
- Small leaks in basement likely due to foundational issues, would require parging.
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.
- Wholesale Price: $229,999 or Best Offer
- We believe this property will sell for at least $390,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 212 Morton Street sold for $470,000 in July 2026. This comparable detached 1.5 storey is larger in square footage to the subject but sits on a smaller lot of only 40 x 90 feet. The comparable features a 4-bedroom, 1-bathroom layout as well as a full, partially finished basement, although there are no pictures on the listing to confirm. The property has been fully renovated throughout and also features a detached garage, unlike the subject. Therefore, after completing the recommended renovations and listing on the MLS, we believe the subject property would sell for $390,000! |
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| 107 Mackan Street sold for $460,273 in January 2026. This 3-bedroom, 1-bathroom detached 1.5-storey home featured an unfinished basement and approximately 700–1,100 sqft of above-grade living space on a 40′ x 120′ lot. The property has had many updates and upgrades throughout, although additional improvements could have been made to bring the property closer to its full ARV potential. The subject property presents a similar overall profile, but its additional deferred maintenance and required repairs would place it at a lower value point than this comparable. Therefore, after completing the recommended renovations and listing on the MLS, we believe the subject property would sell for $390,000! |
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