Who’s looking for a profitable property?
Wholetailers, this one’s for you. There’s $150k in instant equity with only light cosmetic work needed.
This 1-bed, 1-bath condo in Etobicoke is priced below market at just $299,900, giving you $150K+ in immediate upside. The unit is move-in ready with only minimal work required. A fresh coat of paint and possibly replacing or reglazing the tub will have this condo selling at ARV prices over $450,000. With low condo fees that include water and heat, this is a clean, simple flip. It’s also in a prime location, across from restaurants, a movie theatre, and just two blocks from the highway ramp. Investors can get in quick and realize a fast turnaround.
How can you profit?
Easy Wholetail / Flip – Buy at $299K, freshen up, and resell in the mid $400s (probably $450k++) This is a straightforward deal with a clean, functional unit, located in a high-demand area. Minimal work needed and a strong resale market make this an easy profit opportunity.
Move in with Equity – This unit is turnkey! Modernize slowly over time to your liking. Buy with $150k in instant equity. Realtors, add your desired commission on top of our list price and bring us a buyer!
Hold & Rent – Rent for approx. $2200/month as-is. If you find your tenants fast and pull the closing date up a bit, you can start collecting rent cheques as soon as June 1!
SUMMARY:
– LOCATION: Etobicoke, ON (The Queensway & Islington Ave)
– PURCHASE PRICE: $299,900 Or Best Offer
– AFTER REPAIR VALUE: Mid $400s (CLOSE TO AS-IS VALUE! Some good staging would make a big difference.)
– CLOSING: June 10, 2026 (Although sooner is much preferred! This is an assignment sale.)
– TYPE: Condo Apartment
– BEDS/BATHS: 1 bed / 1 bath
– PARKING: 1 space
– SQFT: 587
– AGE: 2007
– CONDO FEES: $527.70 includes water and heat
– PROPERTY TAX: $942.61 (2026)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Light cosmetic updates: paint, tub replacement, and some minor fixture upgrades
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– Priced $150K below market value for a prime Etobicoke location
– Move-in ready with only minimal cosmetic updates needed
– Low condo fees covering water, heat, and AC
– Across from restaurants, movie theatre, and 2 blocks to highway ramp
– Well-maintained building with party room and gym
LISTING ID: 0426-ETO-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, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?