Rathmine Street, London
Closing Date: September 1st, 2026** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & RENT : Complete all necessary repairs outlined below. Once finished, rent out to a family or room by room to students to maximize cash flow.
- FIX & FLIP : Complete major repairs, specifically the roof and windows, followed by minor cosmetic updates throughout to the kitchen, flooring and bathroom to maximize resale value on a budget. Once finished, list on the MLS with an agent to sell for a profit.
Details
- Detached bungalow
- 3 Bedrooms
- 1 non-legal bedroom in addition
- 1 Bathroom
- 1,045 sqft above ground & 420 sqft below grade
- Crawl space under original house, no separate entrance
- Partially finished half-basement under addition
- Ceiling height approximately 6-7 ft throughout
- Built in 1908
- No garage
Mechanical & Systems
- Electrical: Breaker Panel
- Furnace: Rental, age unknown, to be paid out by Seller
- A/C: No A/C
- HWT: Rental, age unknown, to be assumed by Buyer
- Appliances included: Fridge, Stove, Washer
Roof & Exterior
- Roof: Age unknown, needs to be replaced
- Windows: Age unknown, need to be replaced
Lot & Location
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 or opportunity.
- Wholesale Price: $219,999 or Best Offer
- We believe this property is worth at least $290,000 on the MLS in As Is condition
- We believe this property will be worth at least $350,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 177 Rectory Street sold for $323,000 just 25 days ago on the MLS. This comparable property features a 3-bedroom, 2-bathroom layout, unfinished basement, and a comparable 700-1100sqft footprint. The comparable is in better condition than the subject, although still cosmetically dated. The comparable has one extra bathroom and sits on a larger lot of 39 ft x 113 ft. Therefore, after making the appropriate adjustments, we believe the subject property will be worth at least $290,000 on the MLS in as-is condition. |
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| 937 Dame Street sold for $300,100 just 11 days ago after only spending 11 days on the MLS! This comparable property features a 3-bedroom, 2-bathroom layout, partially finished basement and a comparable 700-1100sqft footprint. The comparable is in similar condition to the subject and would require a full cosmetic renovation. The comparable has a detached garage in poor condition, one extra bathroom and sits on a larger lot of 47 ft x 150 ft. Therefore, after making the appropriate adjustments, we believe the subject property will be worth at least $290,000 on the MLS in as-is condition. |
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| 189 Colborne Street sold for $389,000 just 25 days ago on the MLS! This property features a 3-bedroom, 1-bathroom layout, unfinished basement, and a slightly larger 1100-1500sqft footprint. The comparable has undergone some cosmetic renovations and is in excellent condition throughout, although, the bathroom looks untouched. The comparable also sits on a similar sized lot of 33 ft x 89 ft. Therefore, after making the appropriate adjustments and completing the recommended renovations, we believe the subject property will be worth at least $350,000 on the MLS. |
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