Flippers, here’s your next project.
This Scarborough condo townhouse is ready for an interior upgrade! ARV comps are selling over $700K with even partially updated properties selling in the mid $600Ks.
That gives you a $300K spread to work with, and since the condo corporation handles the roof and windows, your renovation budget stays focused entirely on interior finishes with no exterior expenses or surprises.
For buyers looking to add maximum value, consider adding a bathroom to the already finished basement. With condo approval, these sort of upgrades will help set you apart when it’s time to sell.
How can you profit?
1) Full Renovation Flip – Once renovated, comps are consistently selling over $700K delivering you a $300K spread for a controlled scope project. This is a practical setup for an experienced flipper who’s ready to move!
2) Easy Wholetail – Prioritize the cosmetics over a comprehensive flip. Clear the junk, do a deep clean, then stage and relist! Though there are no current condition recent sales, the large discount off market value creates ample opportunity for profit!
3) Realtors: Bring Your Clients – The other units in this complex are consistently selling in the high $600Ks and low $700Ks. This property delivers a clear spread for a project with a controlled scope of work. Help your buyers save big on their next investment! 2.5% co-op included.
SUMMARY:
– LOCATION: Scarborough, ON (Eglinton Ave E & McCowan Rd)
– PURCHASE PRICE: $399,900 Or Best Offer (2.5% co-op included for Realtors)
– AFTER REPAIR VALUE: $700,000
– CLOSING: October 6, 2026, (Some flexibility if needed. This is an assignment sale.)
– TYPE: Condo townhouse
– BEDS/BATHS: 3 beds / 1 full + 1 half baths
– PARKING: 1-car garage + 1 driveway space
– BASEMENT: Finished basement
– SQFT: 1,274
– AGE: 1975
– PROPERTY TAX: $2,654 (2025)
– POSSESSION: Vacant
– CONDO FEES: $714/month
RENOVATIONS NEEDED:
– Full interior renovation required throughout the home
– Electrical panel is still on fuses and needs to be updated
– Dryer is not presently working
– Some junk and furniture removal
– Please view the pictures and videos for ideas on what you’d like to renovate.
LISTING ID: 0926-SCA-C01
GOOD NEWS:
– Roof and windows are covered by the condo corporation. Controlled scope renovation
– Finished basement creates additional living space and can accommodate another bathroom
– 300 meters from Eglinton 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
PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.