Drew St,Oshawa
Closing Date: November 24th, 2026*** The buyer to make 5k deposit to sellers lawyer***** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- DUPLEX CONVERSION: Convert the property into a fully renovated duplex while maintaining the existing two-unit layout! With a 3-bedroom upper unit and a 2-bedroom basement apartment, an investor can focus on a full interior renovation to modernize both units and maximize rental income. With the roof and windows already updated in 2013, plus a 2022 furnace and A/C, the property offers the potential to become a strong cash-flowing investment. Once renovated, an investor can either re-list for a profitable resale or hold as a long-term rental with income from two separate units.
Details
- Detached Bungalow
- 3 Bedrooms on main floor plus 2 in the basement
- 1+1 Bathrooms
- 1172 sqft above ground & 845 sqft below grade
- Finished basement 2 bedroom apartment.
- Walkout basement
- Built in 1957
Mechanical & Systems
- Electrical: Fuses
- Furnace: Rental, Installed in 2022 to be bought out on closing
- A/C: Rental, Installed in 2022 to be bought out on closing
- HWT: Rental, installed in 2022 to be assumed by buyer
- Appliances included: Fridge, Stove, Washer, Dryer in as is condition
Roof & Exterior
- Roof: Replaced in 2013 as per seller
- Windows: Replaced in 2013 as per seller
Lot & Location
- 50ft x 110ft
- Property taxes are approximately $4,863
- CO-E 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: $460,000 or Best Offer
- We believe this property will sell for at least $695,000 on the MLS once the recommended renovations are complete.
Comparable Analysis |
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| 651 Olive Avenue – Sold for $695,000 in October 2026 after only 15 days on the MLS! This renovated comparable detached bungalow features a 3+2 bedroom, 2-bathroom layout, a legal basement apartment with a separate side entrance, 4 parking spaces, and approximately 700–1,100 sqft on a 46′ x 110′ corner lot. This comparable is a near match to the subject property in layout. Both properties offer 3 bedrooms on the main floor, a 2-bedroom basement apartment with its own entrance, and 2 bathrooms. However, the comparable has no garage, whereas the subject offers an attached garage. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property would be expected to sell for approximately $695,000 on the MLS! |
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| 244 Etna Avenue – Sold for $685,000 in September 2026, well over its $649,999 asking price! This updated comparable detached bungalow features a 2+2 bedroom, 2-bathroom layout, a finished in-law suite with a separate entrance and second kitchen, a detached 1-car garage, and approximately 700–1,100 sqft on a 50′ x 137′ lot. Both properties feature a basement unit with its own entrance and 2 bathrooms, and the comparable sits on a deep lot. However, the subject property offers an additional bedroom on the main floor and an attached garage, compared to this comparable’s detached garage. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property would be expected to sell for approximately $695,000 on the MLS! |
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