Basics
- Date added: Added 1 month ago
- Category: Ottawa
- Bedrooms: 3
- Bathrooms: 1
Description
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Description:
LAST CHANCE!
Cash-Flow Opportunity – Updated Mobile Home Priced to Sell!
Strong Rental Appeal | Updated Flooring & Furnace
$85K+ Under Market Value
📍Mitch Owens Rd. & Hillcrest Rd.
Ottawa, ON🔥 WHOLESALE PRICE OF $85,000🔥
WALKTHROUGH: TBD
Please reach out to Jami if you are interested in viewing the propertyThis 3-bed, 1-bath mobile home offers an affordable way to generate rental income while keeping renovation costs to a minimum, or it’s simply a great price point for an easy flip.
Recent updates, including new flooring and an updated propane furnace, mean much of the esssential work has already been completed. The functional layout and low-maintenance design make it well suited for long-term tenants seeking comfortable, affordable housing.
Set on a quiet lot with no rear neighbours, the property offers added privacy – an increasingly desirable feature for renters. Whether you’re purchasing your first investment property or adding another cash-flowing asset to your portfolio, this home delivers an attractive combination of affordability, rental appeal, easy flip and long-term potential.We are selling our assignable purchase contract.
Closing is August 22nd, 2026
**Buyer agrees to clean out the property**PROPERTY FEATURES
- Mobile home
- 952 sq ft above grade
- 3 bedrooms
- 1 bathroom
- 4-piece bathroom, requires updating
- There is side entrance
- Flooring: some of the flooring has been upgraded
- HWT: electric, rented
- Furnace: natural gas, owned, 6 years old (Buyer to verify)
- Roof: asphalt shingles, 7 years old (Buyer to verify)
- AC: owned, 5 years old (Buyer to verify)
- Windows: 3 are a couple of years old (Buyer to verify)
- 100 AMP breaker panel
- Municipal services
- 2 driveway parking spots
- Includes: deck, large lot, shed
- Monthly lot fees: $452, but may increase with a change of ownership
WHAT are the details?Wholesale Price: $119,000
We believe this property is worth ~$170,000 as-is on the MLS.
Comparables:
7481 Mitch Owens #4: Sold in Nov 2024 for $170,000.
Same park as ours, where there is very little turnover. Similar size to our property, but doesn’t have the same lot (ours is private and well maintained). 2-bed, 1-bath with a nice finished flooring, dated interior, similar to ours cosmetically.1036 Vista Barrett Prv: Sold in Jan 2026 for $190,000.
Only a 1-bed, 1-bath with a dated interior, vinyl flooring, and paved parking lot.WHEN is it happening?Offer Deadline: Wednesday, July 29th 2026 @ 5pm
Closing: August 22nd, 2026WHO do I contact?HOW do I finance this property?We receive many questions regarding financing a wholesale property. Most traditional lenders will not finance the assignment fee included in the purchase price. We understand that this means it could be difficult to find financing in some cases. Because of this we have teamed up with Calvert Home Mortgage to provide you with the ability to finance the entire purchase price, INCLUDING the assignment fee.
Receive 50 basis points OFF Bliss’s mortgage broker fee if you work with Calvert direct (i.e. no external mortgage broker) for any Bliss wholesale deal. (Only eligible for “Bliss” wholesale deals where net new borrowers come direct to Calvert (i.e no external mortgage broker)). Forward this email to a Calvert Underwriter or Katarina #416-799-2553 (katarina.jarossy@chmic.ca) on your first email to Calvert to redeem. Can’t be redeemed after initial conversation – some conditions apply. Financing is not guaranteed until due diligence is complete.
For more information and contact info regarding Calvert Mortgages, please click HERE.
HOW do I do it?We have a very easy process! If you are interested in the property, contact Jami to schedule a walkthrough or discuss making an offer.
DO NOT visit the property without a scheduled appointment.
DO NOT share or post any information about this property without permission
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