Deal Desk

Bowmanville, ON

Brick bungalow with carriage house ADU

Wholesale assignment Posted today
New
Brick bungalow with carriage house ADU

Asking

$640,000

ARV

$750,000

Gross spread

$110,000

ARV minus asking, before renovation and closing costs.

About this deal

Detached brick bungalow, 3+2 bed, 2 bath, about 1,505 sq ft with attached garage. Built carriage house offers a self-contained 1 bed, 1 bath unit with ADU potential. Light cosmetic renovation throughout. Purchase $640,000. Average of 3 nearby sold comps about $750,000.

5 beds 2 bathsDetached

Highlights

  • Carriage house ADU, 1 bed 1 bath
  • 3+2 bedrooms, attached garage
  • Light cosmetic renovation
  • Comps average about $750K

Deal type

Assignment of contract