Who’s looking for a profitable property?
Here’s a rare central Toronto townhouse that makes sense, regardless of your exit strategy! This 4-bed property is located a 15min walk from the University of Toronto campus as well as the hospitals of Discovery District, giving both flippers and landlords a premium location advantage. An extra deep 136’ lot and a 2-car laneway garage make this property even more desirable. With unrenovated, as-is townhomes on the same block hitting over $1.2M you can be sure you’ll walk into $150K of equity day 1! Multiple exit paths remain open: full renovation and resale, move in with equity, or hold for rental income.
How can you profit?
1) Full Renovation Flip – Purchase at $1.05M, renovate and sell for an estimated after repair value of $1.3M-$1.4M! With four major hospitals in walking distance and renovated townhomes selling over $1.5M just down the street, you can feel confident buyers are willing to pay top dollar for this location!
2) Buy & Hold / Student Rentals – Within a 15 min walk of University of Toronto, this property could be your next cash cow! Tenants already occupy five rooms, paying $600-$750/month, however with rooms for rent listings in the area ranging between $900-$1,500/month, there is plenty of room to optimize rental income! With the right updates, could you gross up to $6,000/month in rental income?
3) Move In With Equity – For end users, renovate to taste and capture instant $150K equity from below-market purchase and Baldwin Village location. Immediate upside without market guesswork!
4) Realtors Bring your Clients – Your flipper, landlord and retail clients can all appreciate this property. Don’t let them miss out – add your desired commission!
SUMMARY:
– LOCATION: Toronto, ON (Spadina Ave & Dundas St W)
– PURCHASE PRICE: $1,050,000 Or Best Offer
– AFTER REPAIR VALUE: $ 1,300,000 – $1,400,000
– CLOSING: Jun 30, 2026 (This is an assignment sale.)
– TYPE: 2 Storey Freehold Townhouse
– BEDS/BATHS: 4 Beds/1 Baths
– PARKING: 2 Garage parking spots, laneway access
– BASEMENT: Unfinished
– SQFT: 1,772
– LOT: 18’ x 136’
– AGE: 1880
– PROPERTY TAX: $8,272
– POSSESSION: Tenanted
RENOVATIONS NEEDED:
– Full cosmetic updates: paint, flooring, fixture upgrades throughout
– Roof, furnace, and windows are 20yo, but currently functioning
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Location steps from U of T, and 4 major hospitals of the Discovery District
– Central Toronto townhouse in a high-demand resale pocket
– Deep lot (136’) and 2-car laneway garage
– $150K below current market value
– Amenable to multiple exit paths
LISTING ID: 0526-TOR-F05
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, Georgia Godfrey, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.