Mallorytown, ON
Detached fix and flip on 2.8 acres near Kingston
Wholesale assignment Posted today
New
Asking
$230,000
ARV
$430,000
Gross spread
$200,000
ARV minus asking, before renovation and closing costs.
About this deal
Detached 2 storey, 3 bed, 2 bath, about 1,800 sq ft on an irregular 2.82 acre lot, 40 minutes from Kingston near Highway 401 and the St. Lawrence. Several big ticket items already done. Plumbing required throughout and an open permit exists for the extension and second bathroom. Wholesale price $230,000 or best offer, assignment fee included. ARV $430,000. Closing November 26, 2026.
3 beds 2 bathsDetached
Highlights
- Roof and breaker panel 2021
- New septic 2021 and drilled well
- Propane forced air and A/C 2022, owned
- Detached garage
- About $200K spread to ARV
Deal type
Assignment of contract