Who’s looking for a profitable property?
With similar outdated homes selling at $950K+, buyers can feel confident they’re purchasing below current market value! This Scarborough detached comes with a finished basement that already has a separate entrance and 7.25 foot ceilings, which makes a second unit realistic instead of theoretical.The house is a solid 3 bed, 2.5 bath layout on a 1,272 sqft footprint, sitting on a 45 x 114 lot, with a newer roof, furnace and AC!
How can you profit?
1) Easy Flip / Wholetail – Buy at $774K, clean up and relist as-is at $950K or take on the cosmetic updates for the $1.05M payday!With plenty of life left in the mechanicals, keep your budget tight and your flip fast.
2) Move In With Equity / House Hack – Buy at $774K, move in and sleep easy on solid mechanicals and $175K of equity day one! Update over time or juice your investment by adding an income unit to the basement and letting the tenant cover up to $2,000 of the monthly mortgage. Buyer to verify permitting.
3) Realtors: Bring Your Clients – Both your investors and your end users will find value in this one – 2.5% Co-Op included at $799K!
SUMMARY:
– LOCATION: Scarborough, ON (NW of Eglington Ave W & Kennedy Rd.)
– PURCHASE PRICE: $799,000 (Includes 2.5%+ HST Co-Op)
– DISCOUNTED DIRECT BUYER PRICE: $774,000 Or Best Offer
– AFTER REPAIR VALUE: $1,050,000+
– CLOSING: November 10, 2026 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3+2 beds / 2+0.5 baths
– PARKING: 1-car attached garage, plus 2-car driveway parking (3 total)
– BASEMENT: Finished, with separate entrance, 7.25 foot ceilings
– SQFT: 1,272
– LOT: 45′ x 114′
– AGE: 1953
– PROPERTY TAX: $4,426 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– Cosmetic updates to kitchen, bathrooms, flooring and paint.
– Add a basement kitchen and expand the half bath to create an income unit (buyer to verify permitting requirements).
– Please view the pictures and videos for ideas on what you’d like to renovate.
LISTING ID: 0926-SCA-F01
GOOD NEWS:
– Separate entrance basement, 7.25’ ceiling, with half bath
– Roof approx 5 years old
– Furnace and AC approx. 7 years old
– Parking for 3 vehicles (garage plus 2 driveway spaces)
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.