LeBlanc Ave W, Timmins
Closing Date: August 31, 2026**The Buyer agrees to pay the Seller’s legal fees up to $1,500**
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP : Replace the roof, complete a cosmetic renovation including a new kitchen, bathroom, flooring, fresh paint, modern fixtures and finishes, and improved landscaping. The relocated staircase should also be professionally assessed.
Details
- Detached 2 Storey
- 3 Bedrooms
- 1 Bathroom
- 1074 sqft above ground & 626 sqft below grade
- Unfinished basement with a separate entrance
- Ceiling height under 6ft throughout, as per seller
- Stairs were relocated without permits. Unsure if stairs are now secure, load bearing or compromised the structure at all.
- Built in 1930
- No garage
Mechanical & Systems
- Electrical: Breakers
- Furnace: Replaced in 2016, owned
- A/C: None
- HWT: Replaced in 2013, owned
- Appliances included: None
Roof & Exterior
- Roof: Needs to be replaced, small leak into the kitchen
- Windows: 3 have been replaced in the last 4 years, the rest are original
- Foundation: No cracks or leaks in the foundation
Lot & Location
- 32 ft x 94 ft
- Property taxes are approximately $2,590
- NA-R3 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: $79,999 or Best Offer
- We believe this property will be worth at least $250,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 161 Middleton Avenue sold for $325,000 in April 2026 after just 13 days on the market. This detached 2-storey property features a similar 3-bedroom layout, no garage, and a comparable 1,100–1,500 sqft footprint on a 40 x 93 ft lot. The comp benefits from an additional bathroom, a finished basement, and a full renovation throughout, whereas the subject has an unfinished basement with a separate entrance and requires significant updates, including a new roof and a full cosmetic renovation. After making the appropriate adjustments for condition, basement finish, and layout, we believe the subject property will be worth at least $250,000 on the MLS once the recommended renovations are complete. |
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| 257 Commercial Avenue sold for $255,500 in March 2026 after just 22 days on the market. This property also offers a 3-bedroom layout, no garage, a comparable 1,200 sqft footprint, and a similarly sized 33 x 100 ft lot with a finished basement. The home has 1 additional bathroom compared to the subject property and has undergone some recent renovations and upgrades, but could benefit from additional improvements to reach its full potential. After making the appropriate adjustments for condition, basement finish, and layout, we believe the subject property will be worth $250,000 on the MLS once the recommended renovations are complete. |
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