Who’s looking for a profitable property?
Flippers can renovate this home and expect a $400K spread. Or, for less work, simply wholetail it! The house is already in good shape and has an updated kitchen. Most of all what it needs is junk removal and a clean!
While fully renovated properties are selling above $1.35M and even into the $1.4Ms, properties in similar condition to this one (except cleaned and staged) are consistently selling over $1.25M! That would give you over a $300K spread for a quick and easy wholetail!
Built in the late 80’s the house has good bones and cosmetically many things have already been updated including the Kitchen! The nearly finished basement has a separate entrance through the garage, keeping the possibility of a future rental conversion or house-hacking strategy open.
How can you profit?
- Full Flip – Top comps of this size have sold over $1.45M! If you know how to renovate for a high-end buyer, this property has the potential for a MUCH larger spread.
- Easy Wholetail – The kitchen is already renovated and includes high-end appliances. The major systems are a bit dated, but are in good working condition. Junk removal, a deep clean, and some staging is all you need to do! Even partially renovated comps of this size are selling over $1.25M!
- Realtors, Bring your Buyers – If you have end users who don’t mind clearing some junk in exchange for an amazing price, then this one’s perfect! Many updates have already been completed, the house is just messy. Almost $300K in instant equity! 2.5% co-op included
SUMMARY:
- LOCATION: Thornhill, ON (Dufferin St. & Center St.)
- PURCHASE PRICE: $899,000 Or Best Offer (2.5% co-op included for agents)
- AFTER REPAIR VALUE: $1,300,000+ (check out the comp from 3 weeks ago that sold for $1.46M!!)
- CLOSING: September 15, 2026, (This is an assignment sale.)
- TYPE: 2-storey detached
- BEDS/BATHS: 3+1 beds / 2 full and 2 half baths
- PARKING: 2 driveway spaces and 2 garage spaces
- BASEMENT: Full, nearly finished, ~6ft 5 ceiling height, separate entrance through garage
- SQFT: 2,381
- LOT: 33′ x 100′
- AGE: 1987
- PROPERTY TAX: $6,008 (2025)
- POSSESSION: Vacant possession on closing
RENOVATIONS NEEDED:
- CLEANING!
- Complete the missing basement flooring
- Some cosmetic updates if desired
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- 300K spread for an easy wholetail!
- Separate garage entrance to a nearly finished basement with 2-unit potential
- Attractive kitchen with high-end appliances that primarily needs a deep clean
- Quite neighbourhood with mature trees
- Great location with convenient access to schools, major highways, and transit
LISTING ID: 0726-THO-F01
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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