Robinson St, Niagara Falls
Closing Date: September 25th, 2026** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- LIGHT RENOVATION: Close, paint, enhance curb appeal and exterior deficiencies and then RE-LIST! The seller has maintained the cosmetics of the property and after some light touch ups the house will be ready for an end user! Best of all, judging by the comparable properties the basement can be left unfinished!
- TURNKEY RENTAL: With surrounding properties of similar condition and comparables getting anywhere from $2,400-$2,500 for the entire house, close with a bank (FINALLY a wholesale property that the bank will finance), and enjoy the cash flow!
Details
- Detached 1.5 storey
- 3 Bedrooms
- 2 Bathrooms
- One full bathroom on 2nd floor, One full bathroom in the basement
- 1215 sqft above ground & 702 sqft below grade
- Basement ceiling height approx. 7.5-8ft throughout
- Built in 1942
- 1 car detached garage
Mechanical & Systems
- Electrical: Fuse Panel, mix of copper and aluminum wiring
- Furnace: Owned, replaced in 2014
- A/C: Owned, replaced in 2014
- HWT: Rental, replaced in 2014
- Appliances included: Fridge, Stove, Washer, Dryer
Roof & Exterior
- Roof: 12 years ago, in good condition. Roof on garage and sunroom need to be finished
- Windows: All redone (except basement windows) in past 10 years
- Exterior: Concrete steps need to be fixed, driveway needs to be paved. Back balcony over sunroom needs to be finished
- Foundation: Slight leakage in basement when there is heavy rainfall, seller unsure of issues, property may need to be waterproofed
Lot & Location
- 46.80 ft x 140ft lot
- Property taxes are approximately $3,081
- R2 Zoning
Important Notes
- No need to budget for junk removal! Seller agrees to leave the property in broom swept condition!
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| The Numbers
We are selling our assignable purchase contract for this excellent Light Fix and Flip / Wholetail opportunity.
- Wholesale Price: $324,999 or Best Offer
- We believe this property will be worth at least $465,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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6393 High St sold for $415,000 in June 2026 after 8 days on the MLS! This detached 2 storey sits on a 40ft x 120 ft lot and is approximately 1100-1500sqft, similar to the subject property. While the exterior and curb appeal was enhanced for the listing, the cosmetics of the property were extremely dated and in need of a full renovation. Cosmetically the property is much worse than the subject property. (Trust us, we toured this one too!)
The comparable is a perfect example of a simple clean out, light landscaping and repairs to the back balcony, and relist. The basement can be left unfinished as well. We believe in AS IS condition the subject property would sell for a price around $390,000. |
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| 5111 Kitchener St sold for $570,000 after 29 days on the MLS. This detached 1.5 storey sits on a 25ft x 100 ft lot and is approximately 1100-1500sqft, similar to the subject property. The comparable does NOT have a garage, instead has parking for multiple vehicles in the backyard. The comparable has been fully renovated throughout and is in fantastic condition, EVEN without having to finish the basement. The main attractive factor for the comparable is the zoning, which is DTC meaning a buyer can rent it out for short term vacation rental (Airbnb). Unfortunately with R2 zoning the subject property cannot without a variance. However, if lightly renovated and sold on the MLS to an end user, we believe the subject property would sell for a price around $460,000. |
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