Attention flippers!
This one’s ready for renovation. Available below the 2016 Tax assessed value, this property is well below market value! The last sale of this size of similar condition sold for 730K!
This is a 1,344 sq ft, 3-bedroom detached with 1.5 baths. Many comps in the area are smaller, but homes of this size are often selling well over $900K once renovated!
This neighbourhood has excellent transit access, close to Black Creek Drive, and strong walkability with nearby schools and everyday amenities all within easy reach.
How can you profit?
1) Full Renovation Flip – This property offers an impressive $350K spread, with top comps selling in the mid $900Ks! A low purchase price means low carrying costs. For flippers who want a small Toronto project with a big upside, this is a no brainer.
2) BRRRR – Very affordable entry point. Invest in renovations, then benefit from a huge increase in value. Once done, rent it for $3K/month and help offset the cost of the property.
3) Realtors: Bring Your Investor Clients – This property is for investor clients who want a clear value-add opportunity. The property is priced below its assessed value, but it needs an experienced buyer who is comfortable taking on the scope. 3% co-op included!
SUMMARY:
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- LOCATION: Toronto, ON (Keele St. & Eglington St W)
- PURCHASE PRICE: Approximately $525,000 Or Best Offer (Includes 3% co-op for realtors)
- AFTER REPAIR VALUE: $875,000
- CLOSING: October 22nd, 2026 (Some flexibility if needed. This is an assignment sale.)
- TYPE: Detached 2-storey
- BEDS/BATHS: 3 beds / 1.5 baths
- PARKING: 1 car in driveway plus street parking
- BASEMENT: Finished, approximately 6 ft ceiling
- SQFT: 1,344
- LOT: 20 x 100
- AGE: Built 1920
- PROPERTY TAX: $4,117
- POSSESSION: Vacant
RENOVATIONS NEEDED:
- Full renovation required.
- Electrical needs updating.
- No HVAC (current heat source is boiler).
- Some evidence of mold.
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Buy below the 2016 Tax assessed value of $546K
- $350K spread in the heart of Keelesdale-Eglinton West
- Detached 2-storey with 1,344 sq ft above grade (larger than many comps!)
- Roof only 5 years old
LISTING ID: 0826-YOR-F01
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Tobias King, Georgia Godfrey, Aaron Moore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
- Email us today for your info package. Who wants to make money on this one?