Detached 2 Storey House in Deseronto Assigned

  • $224,999


Detached 2 Storey House in Deseronto!

Fix and Flip or Rental Opportunity

$50K BELOW Market Value!

Maple Avenue

Maple Avenue, Deseronto, Ontario

Closing Date: May 26th, 2023

** Realtors bring us a client and add your commission on top of the purchase price**

About the Property

Attention investors looking for a spring project! This structurally sound 2 storey home has loads of potential and in need of a full cosmetic renovation to bring it back to its glory! The upper floor contains 3 bedroom 1 bathroom and on the main floor there is one bathroom. There is a crawl space that is accessible from the outside and about 3ft tall. The flooring in the extension in the back is slightly on an angle as it wasn’t built on foundation and rather an extension. This property is perfect for an investor looking for a spring fix and flip or rental in Deseronto.

About the Neighbourhood 

The subject property is situated in a desirable neighbourhood in Deseronto. Deseronto is located East of Toronto and in between Kingston and Belleville. Deseronto is located north of the 401 and about a 30 minute drive to Prince Edward County which is home to countless wineries and the beautiful Sandbanks beach. While Deseronto is a small town it has all of your basic amenities such as gas stations, grocery stores, pharmacies, restaurants, schools and much more.

Property Details

  • Detached 2 Storey House
  • 3 bedrooms
  • 2 bathrooms
  • 1474 total sqft
  • Built in 1873
  • Crawl Space
  • Breaker panel, copper wiring
  • Furnace is owned and purchased in 2013
  • HWT and A/C are both rentals and are 3 years old
  • Patio roof was redone in 2019
  • Roof was redone in 2005
  • Windows are about 20+ years
  • Property taxes are $1286
  • Lot size is 70ftx98ft
  • Zoning R1

Recommended Renovations

  • Full cosmetic renovation
  • 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 & Flip or Rental Opportunity.

  • Wholesale Price: $224,999
  • We believe that this property is worth $275,000 “as-is” on the MLS
  • We believe that after a full cosmetic renovation this property will see for at least $350,000 on the MLS
  • Buy now for 50K BELOW market value!

Comparable Analysis

  • 484 Dundas Street sold for $299,000 in April 2023. This 2 bedroom 2 bathroom comparable is smaller in size and sits on a smaller frontage than the subject property. The comparable is a 1.5 storey house as opposed to a 2 storey but unlike the subject property it has a partially finished basement. Therefore, after adjustments, we believe this property would sell for at least $275,000 “as-is” on the MLS.
  • 141 Main Street sold for $275,000 in April 2023. This comparable is a 2+1 bedroom and 2 bathroom and is slightly larger in size. The comparable is brick and also sits on a larger lot size than the subject property. The comparable is dated throughout and requires a full cosmetic renovation to maximize the ARV. The comparable sits on a busy street and backs onto a commercial property. Therefore, after adjustments, we believe the subject property would sell for at least $275,000 on the MLS market in “as is” condition.
  • 96 College Street sold for $350,000 in April 2023. This 3 bedroom 2 bathroom comparable is smaller in size than the subject property and has been updated throughout with modest finishes. The comparable sits on a larger lot size but is only a 1.5 storey detached house. Therefore, after adjustments, and assuming nicer finishes, we believe this property would sell for at least $350,000 on the MLS after a full cosmetic renovation
  • 454 Thomas Street is sold conditionally until May 9th and was listed at $399,900. This 3 bedroom 3 bathroom comparable is slightly larger and sits on a smaller frontage. The property has been updated throughout in size than the subject property and has been updated throughout but still dated for todays standards. Therefore assuming nicer finishes, and the comparable sells for around asking we believe this property would sell for at least $350,000 on the MLS after a full cosmetic renovation
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Need Financing?
Looking for a construction cost estimate?

SLG Renovations will manage the construction of this project from start to finish. If you’re looking for an estimate please email
View our past projects here

If You’re Interested….

Email us at or call Jocelyn at 647-930-0291. Jocelyn can answer any questions you have and set up a time to view the property.


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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.
Lot Size:
70ft x 98ft
Assignment of Contract
Property Type:
Year Built:

Call 647-930-0291 for more details