Detached Bungalow in Hastings Highlands!

Fix & Flip or Rental Opportunity

$55K BELOW Market Value!

Village Street, Hastings Highlands

Offer Date: FIRST COME FIRST SERVED
Closing Date: October 1st, 2025

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

Strategies For Success

Complete interior refresh – Apply new finishes, repaint rooms, upgrade to contemporary fixtures, and modernize lighting to maximize the property’s ARV.
Value-driven upgrades – Renovate the kitchen and bathrooms, and replace flooring for a fresh, updated look.
Exterior enhancements – Enhance landscaping around the home and deck to appeal to retail buyers and increase resale potential.

Property Overview

Details

Mechanical & Systems

Septic tank and well water
- Septic tank was inspected and cleaned about 5 years ago
Electrical: Breaker – Copper wiring
Furnace: owned, replaced in 2007
- Runs on Propane
No A/C
Hot Water Tank: owned, installed in 2010
Appliances included: fridge, stove in AS IS condition

Roof & Exterior

Roof and windows were replaced in 2009 (per seller)
Deck is in good condition (per seller)
Board & Batten exterior siding
Foundation is half stone & half parged concrete
- No cracks in the foundation (per seller)

Lot & Location

Important Notes

Since purchase, the seller has completed upgrades including a rebuilt deck, parged foundation, updated exterior siding, and a garage roof replacement (approximately 10 years ago).
Seller has the option to leave junk behind—budget recommended for junk removal

The Numbers

We are selling our assignable purchase contract for this excellent Fix & Flip or Duplex opportunity.

Wholesale Price: $249,999 or Best Offer
We believe that this property is worth $305,000 as-is on the MLS
We believe that after the recommended renovations are completed, this property should be worth at least $425,000 on the MLS.
Purchase today for $55K BLOW MARKET VALUE

Comparable Analysis

12 Albion Lake Court sold for $410,000 in June this year. It features a 3 bedroom, 1 bath layout on a 101 ft x 209 ft lot, with a similar footprint of 700-1,100sqft (as per listing). Similar to the subject property, this comparable has deeded access to a lake. The comparable benefits from an additional small bunkie, however, it does lack a garage, something the subject property comes equipped with. In addition, the comparable also has a small annual maintenance fee of $400, whereas, the subject property has no maintenance fee. After making the necessary adjustments, we estimate that, As Is, the subject property would sell for approximately $305,000 on the MLS today.

23104 HWY 118 Highway sold for $321,000 just 5 days ago after only 1 day on the MLS! It features a 2 bedroom, 1 bathroom layout, and sits on a larger 228 ft x 346 ft lot, with a comparable footprint of 700–1,100 sq ft (as per listing). The home is in comparable condition to the subject property. Just like the subject property, this comparable also comes with a garage, however it also has an unfinished basement, which is something the subject property does not have. In addition, this property is not located near a lake, and does not come with water access as a result. After making the necessary adjustments, we estimate the subject property would sell As Is for approximately $305,000 on the MLS today.

25 Siddon Lake Place sold for $450,000 in April 2025. It features a 1 bed, 1 bathroom layout, and sits on a 70 ft x 274 ft lot with a smaller footprint of less than 700 sq ft (as per listing). The home also has a loft that can be used as a 2nd sleeping area. The property has been updated and renovated throughout. However this comparable property does not come with a garage, and has one fewer bedrooms than the subject. It does however have lake shoreline on the property, something the subject property lacks. After the recommended renovations are completed, we estimate the subject property would sell for approximately $425,000 on the MLS.

Detached Bungalow in Hastings Highlands! Available