Hillsmount Rd, London
Closing Date: October 20, 2026**$10,000 APS DEPOSIT TO BE MADE BY BUYER DIRECTLY TO SELLER’S LAWYER**
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP: A great property in a great area! This home has been well-kept by the same owner since 1984 & needs some TLC. Complete a cosmetic renovation to maximize ARV potential – kitchen, bathrooms, floor & trim, and paint throughout.
Details
- Detached 2 Storey
- 4 Bedrooms
- 2.5 Bathrooms – 1 ensuite in master bedroom, 1 full bathroom upstairs, powder room on main floor
- 2,492 sqft above ground & 1,361 sqft below grade
- Finished basement, with a ceiling height of 7ft throughout
- Separate entrance to basement from the garage
- In-ground pool – pump and liner replaced 2 years ago, well maintained, built in 1984
- Built in 1975
- 2 car attached garage
Mechanical & Systems
- Electrical: Breaker, copper wiring, replaced last year
- Furnace: Rented, 5 years old – to be bought out by seller on closing
- A/C: Rented, 5 years old – to be bought out by seller on closing
- HWT: Rental
- Appliances included: None
Roof & Exterior
- Roof: 5-10 years old
- Windows: 10-15 years old, a few were replaced, older vinyl
Lot & Location
- 70.19ft x 120.13ft
- Property taxes are approximately $4,900
- R1-7 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 opportunity.
- Wholesale Price: $599,999 or Best Offer
- We believe this property will sell for at least $700,000 on the MLS in as-is condition.
- We believe this property will sell for at least $825,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 48 Tamarack Crescent sold for $855,000 in June 2026 on the MLS! This detached 2-storey comparable has 4 bedrooms, 3.5 bathrooms, with a 2-car attached garage and finished basement. Both properties have in-ground pools in the backyard. This comparable has an additional bathroom in the basement, whereas the subject property does not. However, the subject property sits on a slightly larger lot and is roughly the same size in terms of square footage. This comparable has not been renovated recently, however the home is in turnkey condition. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property will sell for $825,000 on the MLS! |
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| 123 Hillsmount Crescent sold for $785,000 in August 2026. This comp is similar in overall size and lot, but has an additional bedroom and bathroom, and an unfinished basement. The home has also benefited from updated flooring, windows, bathrooms, and a modernized kitchen. In comparison, the subject offers a fully finished basement, and a well-maintained in-ground pool, providing substantial additional value. While the subject will require some updating to the interior finishes, its larger finished living space and in ground pool supports a premium over this comparable once the cosmetic upgrades are made. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property will sell for at least $825,000 on the MLS. |
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| 1093 Viscount Road sold for $680,000 in July 2026 on the MLS! This comparable detached 2-storey property has 4 bedrooms, 2.5 bathrooms, a 1-car attached garage and a finished basement. The subject property is larger than this comparable in terms of square footage, and sits on a similarly sized lot. The subject property has a 2 car attached garage, whereas this comparable only has a 1-car garage. Both properties have an in-ground pool. This comparable property is in good condition, however the basement would need to be upgraded similar to the subject property. After making the appropriate adjustments, we believe the subject property would sell for at least $700,000 in AS-IS condition! |
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