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Paisley Road, Guelph, Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: August 5th, 2025
***The Seller has the option to shorten closing to July 22nd, 2025 if notice is given to the Buyer by July 2nd, 2025. The Seller also has the option to extend closing to August 19th, 2025 if notice is given to the Buyer by July 16th, 2025***
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Installing a basement kitchen and retrofitting a separate basement entrance to unlock duplex potential and maximize the properties ARV.
- Although the property is messy, it is in good condition. A deep cleaning can create rental potential without substantial renovations.
Property Details
- Detached raised bungalow
- 2 bedrooms above grade
- 1 bedroom below grade
- Potential to add a 2nd bedroom below grade
- 2 full bathrooms
- 1,051 sqft above ground
- 1,051 sqft below ground
- Detached 1-Car garage located at the rear of the property
- Basement is finished additional living space
- Ceiling height is 7ft throughout
- Electrical breakers with copper wiring
- Wiring all updated in 2020/2021 as per seller
- Built in 1985
- Furnace to be bought out on closing
- Installed in 2015 as per seller
- A/C is owned
- Hot Water Tank is rented
- 2 years old as per seller
- Lifetime warranty metal roof
- 10 years old as per seller
- Exact age of windows unknown
- Fridge, stove, washer, dryer included in as is condition
- 44ft x 139.50ft lot
- Property taxes are about $4,130
- The seller has the option to leave junk behind so we would recommend budgeting for junk removal
- RL.1 zoning
About the Neighbourhood
- 12 minutes from HWY 401
- 10 minutes from Guelph Go Terminal
- 6 minutes from University of Guelph
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix&Flip or potential rental duplex opportunity.
- Wholesale Price: $649,999 or Best Offer
- We believe that this property is worth $700,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $830,000 on the MLS.
- Purchase today for $50K BELOW MARKET VALUE
Comparable Analysis |
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- 49 Sleeman Avenue sold for $755,000, 28 days ago after just 3 days on the market! This property is situated on a larger 53 ft by 100 ft lot and features a similar footprint of approximately 700 to 1,100 square feet, according to the listing. The property has a 2+1-bedroom, 2-bathroom layout as well as a 1-car garage similar to the subject property. The comparable is outdated, similar to the subject property; however, it has much better curb appeal and is located on a quieter street. Taking these differences into account and considering the subject property’s as-is condition, we estimate its market value to be approximately $700,000.
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- 47 Silvercreek Parkway North Sold for $750,000 in March 2025, after just 17 days on the market. This comparable property is situated on a larger 65 ft by 91 ft lot and features a similar footprint of 700-1,100 square feet, according to the listing. The property has a 2+1-bedroom, 2-bathroom layout with a 1-car garage similar to the subject property. Unlike the subject property, the comparable has an attached garage. Similar to the subject property, the comparable is on a busy street and is outdated; however, it is in much better condition. Additionally, the comparable property features a separate basement entrance, whereas the subject property does not; however, it does have a landing area that could be retrofitted to create one. Taking these differences into account and considering the as-is condition of the subject property, we estimate its market value to be approximately $700,000.
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- 34 Westmount Road sold for $895,000 7 days ago, after only 2 days on the market! This bungalow comparable sits on a larger 55 ft by 100 ft lot and features a similar footprint of approximately 1,129 square feet, according to the listing. The comparable property has a 2+1-bedroom, 2-bathroom layout with a detached 1 car garage identical to the subject property. Unlike the subject property, this comparable has been thoroughly renovated throughout and is located on a nicer street in a better area. We believe that after the recommended renovations are completed and appropriate adjustments are made, the subject property would sell for approximately $830,000 on the MLS.
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