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Grey Street, Brantford
Offer Date: FIRST COME FIRST SERVE
Closing Date: December 2nd, 2025
**The Buyer agrees to pay the Sellers’ legal fees up to $1500**
*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.
- Duplex Potential – Opportunity to convert into a legal duplex and generate multiple income streams. A separate entrance for the basement will need to be created to facilitate the conversion.
- Market-Aligned Finishes – Comparable sales in this area indicate that top-end finishes aren’t required. A clean, functional, and move-in ready renovation will attract buyers and maximize resale value.
Property Overview
Property Details:
- Detached Bungalow
- 3 bedroom
- 2 bathroom
- 1121 sqft above grade & 375 sqft below grade
- Basement is finished
- Ceiling height is 7′ throughout, 6.5′ under bulkhead
- No separate entrance
- Basement has the potential to add a second unit by adding a new side entrance that provides direct access to the basement.
- No garage
- Built in 1945
- Siding Exterior
- No cracks in foundation
Mechanical & Exterior
- Electrical: Breaker panel, 100 amp, copper wiring
- Furnace: Owned, replaced around 2007 as per old listing
- A/C: Owned, replaced around 2007 as per old listing
- HWT: Rental, replaced in 2013 (buyer to assume rental)
- Appliances included: Fridge, Stove, washer, dryer & dishwasher in AS IS condition
- Roof redone in 2015 (as per seller)
- Windows are in OK condition, original vinyl updated in 2013 as per old listing (buyer to verify)
Lot & Location
- 40 ft x 132.6 ft lot
- Property taxes are approx. $2,941
- 5-minute drive to HWY 403
- NLR Zoning
Important Notes
- There is a mild smoker smell in the property, though it is not strong
- 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: $359,999 or Best Offer
- We believe that this property is worth $415,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $565,000 on the MLS.
- Purchase today for $55K BELOW MARKET VALUE
Comparable Analysis |
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| 11 Park Road South sold for $480,500 in August of this year. It has a 3-bedroom, 1-bath layout with no garage and is smaller than the subject property, with only 960sqft. While it sits on a slightly larger lot (58 ft x 129 ft) and features a brick exterior, it lacks a finished basement and is located on a busier road. After making the necessary adjustments, we estimate the subject property would sell for approximately $415,000 in as-is condition on the MLS today. |
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| 102 Waterloo Street sold for $439,900 in August of this year. It has a 2+1 bedroom, 2-bath layout with no garage and is smaller than the subject property, with only 898sqft. It sits on a wider lot measuring 71 ft x 102 ft. While the home has had some cosmetic renovations in the past (see previous listings), it appears to have been poorly maintained over the years. Therefore the comparable would likely require new flooring, drywall touchups and kitchen upgrades to bring it back to life! After making the appropriate adjustments, we estimate the subject property would sell for approximately $415,000 in as-is condition on the MLS today. |
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| 185 Campbell Street sold for $569,900 in August of this year. It has a 2-bedroom, 1-bath layout with no garage and is similar in size to the subject property at 1,158sqft. It sits on a comparable lot measuring 43 ft x 132 ft and has a siding exterior, similar to the subject. However, it only has a partially finished basement, whereas the subject has a fully finished basement. The comparable also features an in-ground pool. The comparable is limited to just two bedrooms, while the subject offers a full three-bedroom layout which is a key difference for resale value. After making appropriate adjustments and completing the recommended renovations, we estimate the subject property would sell for approximately $565,000 on the MLS. |
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