Detached 2-storey in Ajax Available

  • $1,124,999
  • 4 beds
  • 4 baths
  • 3034 sqft

 

Detached 2-storey in Ajax!

Move-in Ready or Wholetale Opportunity

$125K BELOW Market Value!

O’Shea Crescent
O’Shea Crescent, Oshawa, Ontario

Offer Date: FIRST COME FIRST SERVE
Closing Date: June 20th, 2025
***The seller at their option may occupy the property after closing for a period until June 25, 2025 at no cost provided the vendor obtains a policy of tenant insurance in form and substance satisfactory to the purchaser. The vendor may exercise the option by written notice to the purchaser on closing date. If the vendor exercises such option then the purchaser shall hold back $100,000 due on the statement of adjustments and shall not be required to pay same to the vendors lawyer until the vender vacates the premises. The seller shall be responsible for all utility bills until vacancy. Each day the seller stays after June 25, 2025 the seller owes the buyer $5000 from the holdback amount.***
** Realtors bring us a client and add your commission on top of the purchase price**

Property Details

  • Detached 2 storey
  • 4 bedrooms
  • 4 bathrooms
    • Ensuite in master bedroom, second full ensuite, third full bathroom connecting 3rd and 4th bedroom, half bathroom on main floor
  • 3034 sqft above grade
  • 1451 sqft below grade
  • Basement is unfinished
    • 7-8 ft ceiling height
    • Entrance from garage
  • Breaker panel with copper wiring
  • Built in 2005
  • Furnace is owned, installed in 2018 as per tag
  • HWT is rental, buyer to verify age
  •  A/C unit is owned, original
  • Roof redone 4 years ago as per seller
  • Windows are original
  • Cosmetically dated, well maintained
  • 2-car attached garage
  • Fridge, stove, washer, dryer, and dishwasher included ‘as-is’
  • Lot size is 63.03ft x 82.02ft
    • Corner lot
  • Property taxes are about $8,341
  • R1-E zoning
About the Neighbourhood 
  • 7 Minute Drive to 401 and 407, Highway 7 and Highway 412

Recommended Renovations

  • Minor cosmetic upgrades
  • The seller has the option to leave junk behind so we would recommend budgeting for junk removal
Pictures and More
The Numbers

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

  • Wholesale Price: $1,124,999 or Best Offer
  • We believe that this property is worth $1,250,000 as-is on the MLS
  • We believe that after the recommended renovations are completed, this property should be worth at least $1,390,000 on the MLS.
  • Purchase today for $125K BELOW MARKET VALUE

Comparable Analysis
  • 40 Purdue Avenue sold for $1,292,000 in February after just 19 days on the market! This comparable property is a 4 + 2 bedroom, 5 bathroom layout with a 2-car attached garage.The comparable is similar to the subject property in size at 3061 sqft but sits on a smaller lot size of 46 x 90 feet. This comparable has received some minor cosmetic updates over the years but is far from a true ARV. This comparable also has a finished walk-out basement, unlike the subject. We believe that in its current condition, taking into account adjustments, the subject property would sell for a price of around $1,250,000 on the MLS!
  • 56 Haskell Avenue sold for $1,370,000 just 3 days ago after only 4 days on the market! This comparable is a 4 bedroom, 5 bathroom layout with a 2-car attached garage. Similar to the subject property, this comparable is between 3000-3500 sqft, and has a similar lot size of 69 x 97 feet. The comparable property also has an unfinished basement although it has a walk-out. This comparable is similar to the subject in that it is well maintained but cosmetically dated throughout. We believe that in its current, condition with the appropriate adjustments, the subject property would sell for a price of around $1,250,000 on the MLS!
  • 42 O’Shea Crescent sold for $1,555,000 in February 2025. This comparable property is a 4 + 1 beds, 5 bathroom layout with a 2-car attached garage. The comparable is similar to the subject property in size at 3000-3500 sqft and it sits on a larger, more conventional lot size of 52 x 101 feet. The comparable property is fully renovated and has a finished basement, whereas the subject’s basement is unfinished. We believe that after a full cosmetic renovation, taking into account adjustments, the subject property would sell for a price of around $1,390,000 on the MLS!
Price:
$1,124,999
Address:
O'Shea Crescent
Ontario
Square Feet:
3034
Lot Size:
63x82
Bedrooms:
4
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
2005

Call 647-930-0291 for more details

Property Location