🔥 Wholetail, Rent, or Move In! Turnkey Scarborough Townhome Only $499k Available

Who’s looking for a profitable property?

Here’s your chance to grab a clean, 3-storey condo townhouse in Scarborough for only $499,900 OBO—a rare find priced far below nearby sales in the $700K range. With nearly 1,700 sq ft of finished living space, this home is larger than most units in the complex, featuring a spacious kitchen, finished walkout basement, and a bright, functional layout perfect for both families and investors.

This property is steps to parks, schools, and shopping, and just minutes to Highway 401 and the University of Toronto Scarborough Campus. You’ll love the convenience of having TTC access, groceries, and Centennial College all nearby making it ideal for students, families, or anyone seeking easy access to transit and city amenities.

The home is move-in ready with no major work required, but there’s opportunity to add value with light cosmetic upgrades. Whether you’re looking for a profitable rental near campus, a family home at an unbeatable price, or a low-risk wholetail flip, this one checks every box.

How can you profit?
1) Wholetail / Easy Flip. Clean it, declutter, and add a few finishing touches—then relist around $700K for a fast resale.
2) Buy & Hold / Student Rental. With U of T Scarborough just 3 km away, this is a strong rental play with consistent demand.
3) Move In with Equity. Enjoy a turnkey family home with built-in value, in a well-managed condo community close to everything you need. Realtors, add your desired comp on top of our list price and bring us a serious buyer!

SUMMARY:
– LOCATION: Scarborough, ON (Morningside Ave & Sheppard Ave)
– PURCHASE PRICE: $499,900 Or Best Offer
– AFTER REPAIR VALUE:  Around $700k
– CLOSING:  December 11, 2025 (Or sooner! This is an assignment sale.)
– TYPE: 3 Storey Condo Townhouse
– BEDS/BATHS: 3+1 beds/1.5 baths
– PARKING: 1 car garage, 1 car driveway
– BASEMENT: Finished walkout basement (MPAC lists 3 storeys with basement garage)
– SQFT: 1,694
– AGE: 1985
– CONDO FEES: $598 (includes water, outdoor maintenance, garbage, snow removal)
– PROPERTY TAX: $2,353 (2024)
– POSSESSION: Vacant

RENOVATIONS NEEDED:
– Move in ready! The home is in good shape—add your own updates to maximize resale or rental value.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:
– Turnkey condition—ready to move in or rent immediately.
– Larger than many comparable units in the complex.
– Massive kitchen space with bright layout.
– Furnace recently replaced.
– Condo corp manages roof (approx. 8 years old).
– Located minutes from U of T Scarborough, Centennial College, and Highway 401.
– Great for end-users, students, or landlords seeking strong returns.

LISTING ID: 1025-SCA-C01

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, Tomomi Wang, Josea Dussard & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.

PS. Email us today for your info package. Who wants to make money on this one?