Stouffville Assigned

  • $849,999
  • 3 beds
  • 1 baths
  • 1260 sqft
Wholesale Price of $849,999 or Best Offer!

By January 25, 2021
Realtors bring your clients, just add your commission to the purchase price!

Purchase this Property Today for $30,000 BELOW Market Value!
Closing Date: March 18, 2021

Aurora Road, Stouffville, ON

Single family detached property with lots of future potential. The subject property is located at the corner of Aurora Road and Woodbine Ave and sits on a large 120 ft x 150 ft lot. Situated near the property is the highway 404, town of Aurora, retail shopping and more. This property is perfect for a beginner or experienced investor looking to take on a cheap fix and flip or rental.

Note: The property is currently occupied by a tenant paying $2,300 per month. The seller has agreed to have the property vacant on closing. The seller has never had any issues with the current tenants (they have always paid on time and have kept the property in great condition). They would love to stay at the property if given the chance but also understand they may have to leave. The existing tenants would be open to paying up to $3,000 per month if given the opportunity to stay. An investor could potentially increase the rent for the existing tenants and add a 1 bedroom basement apartment for increased cash flow.

Property Features

  • 1 full storey sidesplit
  • 1260 sqft above grade
  • 761 sqft basement
  • 3 Bedrooms, 1 Bath
  • 120 ft Frontage x 150 ft Depth
  • RU Zoning
  • Furnace is owned and approximately 2 years old.
  • Hot water tank is owned and about 2 years old
  • New roof
  • Windows are in good shape
  • Breaker panel
  • Separate entrance through garage. New buyer could turn the basement into a 1 bedroom apartment

Renovations Needed

  • Light cosmetic renovation (floors and baseboards – main floor)
  • New flooring and trim in basement
  • Add washroom and bedroom in basement
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent FIX & FLIP or Rental opportunity.

  • Wholesale Price: $849,999  or Best Offer
  • We believe that this property is worth $880,000 as-is on the MLS
  • We believe that after a light cosmetic renovation (floor, trim & paint) this property should sell for around $1,000,000 on the MLS
  • Purchase today for $30K BELOW MARKET VALUE

Comparable Analysis

  • 10 Gemmill dr sold in September 2020 for $966,000. It is a detached bungalow with 3 bedrooms, 2 bathrooms and is about 1,300 sqft. It sits on a 75 ft by 200 ft lot, is fully renovated inside and has a finished basement. Unlike the subject property this comparable does not have a garage and has a $50,000 lower MPAC value. The market has appreciated since September and therefore we believe this property would be worth even more in today’s market.
  • 15164 Woodbine ave sold in September 2020 for $740,000. It is a detached 1.5 storey with 3 bedrooms, 2 bathrooms and 1 garage. Its approx. 1,300 sqft, sits on a 105 ft x 165 ft lot and is completely outdated inside. Furthermore the MPAC of this property is $100k lower than the subject and the market has appreciated since its sale. After adjusting for condition and market appreciation, we’ve estimated that the subject property is worth approx. $880,000 as-is on the mls.
If You’re Interested….

Email us at or call Sal at 416-993-5279. Sal can answer any questions you have and set up a time to view the property.


Please Do Not Go Directly to the Property


We will be scheduling one time for all viewings. Afterwards, we will take the best offer. We will also consider offers sight unseen (can be conditional on viewing), but only if you’re 99% sure you want the deal. Please give us a call if you are interested or have any questions.

Disclaimer: The contents of this email are for informational purposes only. We are not home inspectors or appraisers. Please ensure you do your own due diligence.
Stouffville, ON
Square Feet:
Lot Size:
120 x 150
Assignment of Contract
Property Type:

Call 647-930-0291 for more details