Who’s looking for a profitable property?
This is a rare downtown Toronto freehold townhouse with great curb appeal, a strong $300K+ spread, and over $150K of instant equity! Get the flexibility of a freehold property (no condo board / maintenance fees) and parking for 2, in a high-demand resale market.
In this area, you have the option to do a full flip and sell for top dollar or take the faster option of clearing the junk and cleaning the place, then either moving in with significant equity, or reselling for a quick profit. Located in the heart of Moss Park, steps to transit, easy DVP access, and near St. Lawrence Market, the Distillery District, Corktown, the Canary District, and future Ontario Line access!
How can you profit?
1) Full Flip – This is a neighbourhood where high-end properties truly earn top dollar. It already has excellent curb appeal compared to most comps, and with the right finishes, this property can resell for over $1M. With an amazing downtown location, no condo fees, a private outdoor terrace, and parking, this property will deliver strong value.
2) Easy Wholetail / Move in with Equity – There are several recent sales in more dated condition going in the high $800Ks. Put in a little elbow grease to clear the junk and freshen up the place, then benefit from over $150K of instant equity!
3) Rental / 2-Unit Conversion – The layout allows for a possible 2-unit setup, if you separate the main floor and garage level from the upper floors. The rear laneway allows tenant access to the back door. Estimated rent after updates could be around $2,800-$3,200/month for the upper portion and $1,700-$2,100/month for the lower/main-level. Total potential rent $4,500-$5,300/month.
4) Realtors Bring Your Clients – This is a strong fit for flippers, contractors, and even end users who want a freehold Toronto property with lots of potential. Help your buyer save over $150K on their next home! 2.5% co-op included.
SUMMARY:
– LOCATION: Toronto, ON (Dundas St E & Parliament St)
– PURCHASE PRICE: $699,900 Or Best Offer (includes 2.5% co-op for real estate agents)
– CURRENT MARKET VALUE: $850,000+
– AFTER REPAIR VALUE: $1,000,000+
– CLOSING: August 4, 2026 (There can be some flexibility on this date, this is an assignment sale.)
– TYPE: 2 ¾ Storey Freehold Townhouse
– BEDS/BATHS: 3 beds, 2 full baths
– PARKING: 1 driveway space and 1 garage space
– BASEMENT: Full height but only a laundry room and connects to the garage
– SQFT: 1,195
– LOT: 17’ x 61’
– AGE: 1980
– PROPERTY TAX: $5,075 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Mostly cleanup and cosmetic updates throughout.
– Furnace is currently non-functional and requires repair.
– Garage door compliance issue (may be addressed by seller prior to closing, ask us for more info)
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– $300K+ spread and over $150K of instant equity!
– Freehold Toronto townhouse with no condo fees.
– Parking for 2, including driveway and garage.
– Private outdoor space with back patio, trees, terrace, and upper balcony.
– Located in the heart of Moss Park, and close to everything!
LISTING ID: 0526-TOR-F04
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
PS. Do you want to get notified of these deals before everyone else? PUSH HERE to get notified about these deals as soon as they become available.