DETACHED BUNGALOW IN DUNDALK Available

  • $324,999
  • 3 beds
  • 2 baths
  • 1584 sqft

DETACHED BUNGALOW IN DUNDALK

FIX & FLIP OPPORTUNITY

CHEAPEST DETACHED IN TOWN & $200K SPREAD TO ARV!

 Grey St E, Southgate
Pictures and More
Grey St E , Southgate (Dundalk)
Closing Date: September 1st, 2026** Realtors bring us a client and add your commission on top of the purchase price**

Strategies For Success

  • FIX & FLIP : Complete a full renovation and transformation to this MASSIVE one floor bungalow! Sitting at just over 1500sqft, this unique bungalow is ready for a buyer to purchase it at a great entry level price, with plenty of meat on the bone! Come in, add the value the property needs and watch it fly!

Details

  • Detached bungalow  
  • 3 Bedrooms
  • 2 Bathrooms
    • One full bathroom, one powder room on extension side
  • 1,584 sqft above ground
  • Crawl space basement, accessible from trap door in laundry room 
  • Built in 1972
    • 246sqft extension built in 2007 as per MPAC
  • 1 car attached garage

Mechanical & Systems

  • Electrical: Fuse Panel, Copper wiring, potentially some aluminum
  • Heating: Electric baseboard heating, wood stove in extension 
  • HWT: Rental, seller unsure of age
  • Appliances included: Fridge, Stove, Washer, all included in the sale

Roof & Exterior

  • Roof: 1/2 replaced 2 years ago (as per seller), extension side needs to be replaced (older likely original from 2007)
  • Windows: mostly dated, 2 in bedrooms and main bathroom have been replaced

Lot & Location

  • LARGE 97ft  x 250ft lot
    • no neighbours behind the property!
  • Property taxes are approximately $3,253
  • R2 Zoning 

Important Notes

  • Seller has the option to leave junk behind—budget recommended for junk removal
 
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent Fix and Flip opportunity.

  • Wholesale Price: $324,999 or Best Offer
  • We believe this property will be worth at least $525,000 on the MLS once the recommended renovations are completed.

Comparable Analysis
160 Grey St W sold for $428,000 less than 2 weeks ago after 35 days on the MLS! This detached 1.5 storey sits on a smaller 62ft x 162ft lot and is approximately 700-1100sqft (considerably smaller than the subject property). The basement is a crawl space however there is a small unfinished area that is also used for storage. This property is very much inferior to the subject property as it lacks the size, lot size and although much better maintained, it still lacks the cosmetic appearance. Therefore we believe once fully renovated the subject property would sell much higher than this comparable, around $525,000.
500 Main Street E sold for $625,000 in May 2026 after 34 days on the MLS. This 2+1 bed, 2 bathroom bungalow has an attached 1 car garage and similar to the subject property sits on a large lot (109ft x 328ft). This property has undergone tasteful renovations over the years however would not be considered a full ARV as there are areas of the property that do lack some upgrades. The comparable however does have a full finished basement, therefore its footprint is much larger than the subject property.
Therefore, we believe after a full renovation the subject property would sell for a price around $525,000.
Price:
$324,999
Address:
Grey Street East
Southgate, Ontario
Square Feet:
1584
Lot Size:
97ft  x 250ft lot
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1972
Basement:
Crawl space

Call 647-930-0291 for more details

Property Location