| County Road 18, Cherry Valley, Ontario
Offer Date: FIRST COME FIRST SERVED
Closing Date: October 7th, 2025
*Realtors bring us a client and add your commission on top of the purchase price*
Strategies For Success
- Full Interior Refresh – Add new finishes, fresh paint, modern fixtures, and updated lighting to increase ARV.
- High-Impact Upgrades – Renovate the kitchen and bathrooms, and replace flooring for maximum appeal.
- Renovate & Hold Duplex – Improve both units to secure strong rents, refinance post-renovation, and keep as a long-term rental asset.
Property Overview
Property Details:
- Detached 2 Storey Duplex
- 5 bedrooms above grade
- 3 in one unit, 2 in the other
- 2 full bathrooms
- 2,409 sqft above grade
- 500 sqft below grade
- Half crawl space, unfinishable
- No garage
- Built in 1880
- Siding exterior
- Gravel driveway
- Septic
- Dimensions unknown (buyer to verify)
- Never been cleaned out
- Well water
- Dimensions unknown (buyer to verify)
Mechanical & Exterior
- Electrical: Two breaker panels with copper wiring throughout
- Two furnaces and two HWTs, age unknown (buyer to verify), owned and in working condition
- Baseboard heaters
- Appliances included: 2x fridge, 1x stove in AS IS condition
- Windows are original, age unknown (buyer to verify)
- OK condition
- Some screens need to be replaced
- Steel roof replaced 9 years ago
- No Leaks in the property
Lot & Location
- Property taxes are approx. $2,216
- 45-minute drive to HWY 401
- 10-minute drive to Picton
- 30-minute drive to Belleville
- 116.25 ft x 178.92 ft lot
- A-9 zoning
Important Notes
- Budget for Junk Removal – seller has the option to leave junk behind
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or rental opportunity.
- Wholesale Price: $374,999 or Best Offer
- Based on recent comparable sales, we estimate that this property is worth $440,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $550,000 on the MLS.
- Purchase today for $65K BELOW MARKET VALUE
Comparable Analysis |
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- 375 Bloomfield Main Street sold for $470,000 in June 2025. This comparable has a 3 bed and 2 bathroom layout with a 1 car attached garage. As per the listing, the comparable is smaller than the subject at only 1,500-2,000 sqft but sits on a larger sized 73 ft x 373 ft lot. The comparables basement is also unfinished but has a separate entrance, which the subject does not. The interior of the comparable is in far worse condition than the subject and only has one kitchen compared to the subjects two. After making the appropriate adjustments, we believe the subject property would sell for a price of $440,000 AS-IS on the MLS.
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- 590 Bond Road sold for $615,000 in June 2025. This comparable has a 4 bedroom, 1 bathroom layout with no garage. As per the listing, the comparable is smaller than the subject at only 1,100-1,500 sqft but sits on a larger sized 319 ft x 567 ft lot. Unlike the subject property this comparable does not have a basement or HVAC. The comparable property has been well maintained and has seen a few improvements made, specifically to the flooring, bathroom and lighting. After making the proper adjustments and completing the recommended renovations, we believe the subject property will sell for at least $550,000 on the MLS.
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- 2060 County Road 1 sold for $615,000 in July 2025. This comparable has a 5 bed, 4 bath layout with a 3 car detached garage. As per the listing, the comparable has a larger footprint of 3,000-3,500 sqft and sits on a larger sized 336 ft x 601 ft lot. Unlike the subject property, this comparable does not have HVAC. This comparable property has been well maintained and has seen a few home improvements made, specifically to the kitchen, bathrooms and flooring. After making the proper adjustments and completing the recommended renovations, we believe the subject property will sell for at least $550,000 on the MLS.
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