Who wants a quick flip to start the fall?
With similar units in this building consistently selling in the high $300Ks this property is available at nearly half that price!! Though dated, only cosmetic updates are needed to double the value of this condo.
For investors, multiple exit paths are open. Expected post renovation value is $380K giving flippers a $180K spread. Or, rent the unit and benefit from a strong cap rate! Though dated, minimal work is needed to get into rent ready condition!
End-users who don’t mind some dated finishes (or putting in the elbow grease themselves) have a chance to buy with massive instant equity! Located in the heart of West Hill, this property is steps from amenities and shopping, and only 2km from the Guildwood GO Station.
How can you profit?
1) Easy Flip – Clear out the junk and update some cosmetics. 2-bed units in this building are consistently selling in the high $300Ks even without major renovations. If you’re looking for a quick flip, this one’s for you!
2) Buy & Hold Rental – 2-bed, 1-bath condos in this pocket of Scarborough typically rent in the range of $2,000-$2,300/month. With a $199K purchase price, this property offers a very strong cap rate, even with some renovations!
3) Realtors: Bring Your Clients – This one works for end-users too. Though dated, this is perfect for buyers who prefer a great price over modern finishes. Help your buyers save big on their next condo! Add your desired commission!
SUMMARY:
– LOCATION: Scarborough, ON (90 Ling Road)
– PURCHASE PRICE: $199,900 Or Best Offer
– AFTER REPAIR VALUE: $380,000
– CLOSING: September 29, 2026 (Sooner closing available! This is an assignment sale)
– TYPE: Condo Apartment
– BEDS/BATHS: 2 beds / 1 bath
– PARKING: 1 space
– SQFT: 965
– AGE: 1978
– PROPERTY TAX: $1,176 (2025)
– POSSESSION: Vacant
– CONDO FEES: $831/month (includes water, heat, common elements, and building insurance)
– POTENTIAL RENT: 2,000-2,300/month
RENOVATIONS NEEDED:
– Cosmetic updates as desired.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
LISTING ID: 0826-SCA-F01
GOOD NEWS:
– Almost half price compared to recent sales in the building!
– No major work required, mostly cosmetic updates.
– 965 sqft, 2-bed layout appeals to both end users and tenants.
– Located in the heart of West Hill, close to shopping and amenities. 2km from Guildwood GO station.
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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