Basics
- Date added: Added 3 months ago
- Category: Ottawa
- Bedrooms: 3
- Bathrooms: 2
Description
-
Description:
Full Renovation Project 2 mins from the Ottawa River with Strong Equity Spread!
Priced Aggressively | Ideal Flip or BRRRRÂ | Large Lot + Carport
Escape Ottawa Pricing â Strong Value in Lefaivre
$60K+ Under Market Value
đHotel de Ville St. & Lajoie St.
Lefaivre, ONđ„Â WHOLESALEÂ PRICE OFÂ $180,000đ„
WALKTHROUGH: TBD
Please reach out to Jami if you are interested in viewing the propertyđMAP HERE!
This 3-bed, 2-bath raised bungalow presents a strong value-add opportunity for investors, flippers, and BRRRR buyers looking for a significant upside at an attractive entry price.
Situated just 2 minutes from the Lefaivre Marina on a large lot with carport parking, this property offers solid structural bones, a functional layout, and strong after-repair value potential. Currently owner-occupied, the home is ready for a full cosmetic transformation to unlock substantial equity.
Water gets into the basement and mould is present. A full renovation is recommended, including likely waterproofing and remediation work â all of which has been reflected in the aggressive pricing. For experienced investors, this creates a compelling opportunity to capitalize on a strong equity spread and maximize returns.
With opportunities at this price becoming increasingly difficult to find, this is an ideal project for a flip, rental conversion, or a long-term hold strategy.We are selling our assignable purchase contract.
Closing is July 31st, 2026
**Buyer agrees to clean out the property**PROPERTY FEATURES
- Detached built in 1981Â (as per MPAC)
- 1,050 sq ft above grade (as per MPAC)
- 3Â bedrooms:
- Decent sized bedrooms
- All located on the main floor
- 2 bathrooms
- 4-piece bathroom on the main floor
- 3-piece bathroom in the basement
- Basement: unfinished, 1,050 sq ft (as per MPAC)
- Flooring: tile, vinyl
- House is heated with electric baseboard heaters and a propane fireplace located in the main floor living room
- HWT: was gas, but is not working (as per Seller)
- Roof: asphalt shingles, 10 years old (as per Seller)
- Windows: vinyl, older, age unknown (as per Seller)
- 100 AMP breaker panel
- Municipal water
- On septic, pumped 5 years ago â there hasnât been a big volume (as per Seller)
- Backyard: deck, large lot, treed. No rear neighbours (privacy!)
- Carport: 2 spaces, 480 sq ft (as per MPAC)
- 2 car driveway
- Quiet, sought-after, family oriented neighbourhood. Close to community centre, public library, parks, etc.
- Lot dimensions: 74.39 ft x 393.95 ft (as per Geo)
WHATÂ are the details?Wholesale Price:Â $180,000
We believe this property is worth ~$240,000 as-is on the MLS.
Comparables:
2061 Lajoie St:Â Sold in Apr 2026Â for $395,000.Â
4-beds, 2-baths detached bungalow, fully renovated. Property sold for $395k and has a smaller lot than ours. Once ours is renovated our property should sell for more than this!2010 Rue du Parc St W: Listed 10 days ago for $535,000.Â
Located close to our house and a similiar home type. This home is slightly newer than ours, but is still dated inside. Our house fully renovated should easily exceeed this price. This one is also only a 2-bed.2110 Lajoie St: Sold in Apr 2026 for $280,000.Â
Older home, on the main street, requiring updates, with a finished basement. 4-bed, 2-bath house with detached garage. Our lot is bigger and nicer and our property once renovated would sell for a lot more than this one.WHEN is it happening?Offer Deadline: Wednesday, June 3rd 2026 @ 5pm
Closing: July 31st, 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 Blissâs mortgage broker fee if you work with Calvert direct (i.e. no external mortgage broker) for any Bliss wholesale deal. (Only eligible for âBlissâ 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. Canât be redeemed after initial conversation â 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 NOTÂ visit the property without a scheduled appointment.
DO NOT share or post any information about this property without permission
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