Cedarpark Drive, London
Offer Date: FIRST COME FIRST SERVED
Closing Date: May 15th, 2026$15,000 deposit payable to the Sellers lawyer, in trust by the Buyer upon acceptance*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Lipstick & List: Complete light renovations to increase the property’s value, then list with a real estate agent for a fast turnaround. Ideal for those looking to maximize profit without taking on a full-scale renovation!
- End User: Turnkey property that is perfect for an end user looking for a beautiful home to move into
Details
- Detached 2-storey
- Beds: 3
- Baths: 2.5
- 2 full bathrooms upstairs (1 ensuite)
- 1 half bathroom on main floor
- 2,396 sqft above ground & 1,043 sqft below grade
- Unfinished Basement
- No separate entrance
- Ceiling height around 7-8ft throughout
- Built in 2014
Mechanical & Systems
- Electrical: Breaker panel (100 amp) with copper wiring
- Furnace: Owned, original to 2014
- A/C: Owned, original to 2014
- HWT: Rental, to be assumed by Buyer, age unknown
- Appliances included: Fridge, Dishwasher, Stove, Washer/Dryer in as is condition
Roof & Exterior
- Roof: Original to 2014
- Windows: Original to 2014
Lot & Location
- 36.09 ft x 109.91 ft lot
- Property taxes are approximately $5,789
- R1-3 Zoning
Important Notes
- Ensuite bathroom upstairs had a leak in shower door that caused some mould on the drywall
- 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 Wholetale or Rental opportunity.
- Wholesale Price: $629,999 or Best Offer
- We believe that after the recommended renovations are completed, this property should be worth at least $750,000 on the MLS!
- Purchase today for $120K BELOW MARKET VALUE!
Comparable Analysis |
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| 692 Killarney Road sold for $755,000 in February after only a month on the MLS! This comparable property has 4 bedrooms, 2 full and 2 half bathrooms, a 2 car attached garage and a finished basement with no separate entrance. This comparable is similar in square footage, condition and lot size as the subject, although it has 1 extra bedroom. After completing the recommended renovations and making the appropriate adjustments, we believe the subject property should sell for at least $750,000 on the MLS! |
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| 1835 Cedarpark Drive sold for $820,000 in October 2025! This comparable property has 4 bedrooms, 2.5 bathrooms, a 2 car attached garage and a finished basement with no separate entrance. This comparable is similar in square footage, condition and lot size as the subject, although it has 1 extra bedroom. After completing the recommended renovations and making the appropriate adjustments, we believe the subject property should sell for at least $750,000 on the MLS! |
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| 1171 Fogerty Street sold for $763,305 only 9 days ago! This comparable property has 4 bedrooms, 2.5 bathrooms, a 1.5 car attached garage and an unfinished basement with no separate entrance. This comparable is similar in square footage, condition and lot size as the subject, although the build itself is older. After completing the recommended renovations and making the appropriate adjustments, we believe the subject property should sell for at least $750,000 on the MLS! |
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