Semi-Detached House in Niagara Falls! Assigned


Semi-Detached House in Niagara Falls!

Fix & Flip or BRRR Opportunity

$60K BELOW Market Value!

Saint Clair, Niagara Falls, Ontario

Closing Date: May 17th, 2024

The Seller has the option to extend closing to May 31st, 2024, if notice is provided to the buyer by April 26th 2024.

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

About the Property

Still thinking about your next flip in Niagara Falls? SLG has the property for YOU!

This 2-storey semi-detached home in Niagara Falls is perfect for investors looking for their next fix and flip or BRRR project! The property consists of 3 bedrooms and 1.5 bathrooms. Built in 2012 and sitting at approximately 1500 sqft, the potential for this home is endless! Roof and windows are original from the build and still in good condition. The furnace and hot water tank are also original, with a central air unit in the back that has yet to be installed. There is no separate entrance to the basement, however one could definitely be added. Let’s discuss how we can work together to make this property your next investment project!

About the Neighbourhood 

The subject property is only a mere 3-minute drive from the heart of Niagara Falls, Clifton Hill! The major intersection is Jepson St and Palmer Ave. Only a 9-minute walk to River Road, leading down to the scenic Niagara Falls. There are multiple major tourist attractions within a 10-minute drive of the property, such as Fallsview Casino & Indoor Waterpark, The Great Canadian Midway, the Niagara Skywheel, and the Fallsview Trail. The subject property is also a 3-minute drive to the Niagara Falls Bus Terminal, with connecting GO Buses & Trains all the way to Toronto (Union Station). Only a 5-minute drive to the Niagara Veterans Memorial Highway, connecting to the QEW, making accessibility quick and convenient! 

Property Details

  • Semi-detached 2-storey
  • 3 bedrooms
  • 1 full bathroom upstairs
  • 1 powder room on main floor
  • All appliances are included in the sale
  • Exterior deck in the backyard is not included in the sale
  • 1 car attached garage
  • 1216 sqft above grade
  • 558 sqft below grade
  • Basement is unfinished
    • Ceiling height is approximately 7ft
    • There is no separate entrance to the basement
  • Property taxes are about $2498
  • Electrical panel is breaker
  • Built in 2012
  • Furnace is from 2012, in working condition, and owned
  • Central Air unit is from 2012, is located outside, has yet to be installed, and owned
  • HWT is from 2012, in working condition, and owned
  • Roof and windows are original from 2012, in good condition
  • 19ft x 128ft
  • R2 Zoning 

Recommended Renovations

  • Full cosmetic renovation
  • Replace damaged drywall and flooring upstairs
  • Finish basement and potentially add a separate entrance
  • 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 opportunity.

  • Wholesale Price: $439,999
  • We believe that this property is worth $500,000 on the MLS
  • We believe that after the above renovation recommendations are completed, this property should be worth at least $600,000 on the MLS.
  • Purchase today for $60K BELOW MARKET VALUE
Assignment of Contract
Property Type:

Call 647-930-0291 for more details