Who’s looking for a profitable property?
Here is your chance to secure a large 4 bed, 2 bath semi in Pleasant View, one of North York’s most reliable pockets for end users, BRRRR investors and house hackers. This neighbourhood carries a natural premium thanks to its strong school zone, walkable access to Seneca, multiple TTC routes, parks, grocery and everyday amenities, along with fast connections to both the 404 and 401. Demand here stays steady year after year because families, students and multigenerational buyers all seek this pocket.
The home offers about 1,800 sq ft above grade plus a bright, mostly above-grade finished lower level that already lives like a second suite. Add a wall at the stairs and a stove in the lower kitchen area and you have a simple, functional two-unit setup with shared laundry. The size, light quality and layout give you more usable space than many semis in this part of the city, which is why the underwritten ARV of $1.1M+ is supported by 2025 Pleasant View sales. At $798,900 OBO, the entry point makes this an obvious buy for investors who understand this micro-market.
How can you profit?
- Flip- With about 1,800 sq ft above grade plus a bright lower level, this property presents larger and more functional than many nearby semis that have recently sold around the $1.1M range. Light cosmetic updates are typically all that’s required. A cosmetic plan positions this for a clean resale at an ARV of $1.1M+ without heavy renos or major risk.
- Live In One Unit And Rent The Other- Live upstairs and rent the lower unit to reduce your monthly cost or live in the bright lower unit and rent the upper. With 20 percent down, a sample carrying cost at 5.5 percent over 30 years is about $4,000 a month including property tax (buyers should confirm numbers with their own lender). With conservative rents of $2,500 upstairs and $1,900 downstairs, your effective cost can drop to roughly $2,100 a month if you live upstairs or about $1,500 a month if you live in the lower level. The layout gives buyers strong affordability options in a high-demand North York pocket.
- BRRRR Or Long Term Hold- With separate access points ready to be positioned and a mostly above-grade lower unit, this is a straightforward BRRRR. Add walls and stove, confirm requirements with the city, and operate two units. Pleasant View draws stable tenants from Seneca, nearby schools and transit. Here you get more square footage than many semis, a simple two-unit path, and an ARV of $1.1M+ at a $798,900 price point is a good buy by any metric.
SUMMARY:
– LOCATION: North York, ON (Victoria Park Ave & Finch Ave E)
– PURCHASE PRICE: $798,900 Or Best Offer
– AFTER REPAIR VALUE: $1,100,000+
– CLOSING: January 29, 2026 – flex closing clause (This is an assignment sale.)
– TYPE: Semi-Detached
– BEDS/BATHS: 4 beds / 2 baths
– PARKING: 3 parking in driveway + 1 garage
– BASEMENT: Finished, mostly above grade, easy 2-unit setup
– SQFT: 1,803
– LOT: 30’ x 120’
– AGE: 1973
– AC: 3 years old
– HWT: Rented
– Furnace/Roof/Windows/Doors: Good working order
– PROPERTY TAX: $4,804 (2025)
– POSSESSION: Vacant on closing
RENOVATIONS NEEDED:
– This one is largely rent/move-in ready, with only cosmetic work needed for most buyers. One bathroom has tiles that need repair, some carpet could be updated, and fresh paint in a few areas will help modernize the look. There is a small moisture spot by the shared laundry area during heavy rain that appears linked to the downspout, so buyers may choose to improve drainage as part of normal maintenance.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
-Near Cherokee Public School and Seneca
-Walk to TTC, parks, shops and everyday amenities
-Quick access to both 404 and 401
-Easy conversion to 2 unit setup (add walls and stove in basement)
-Lower level mostly above grade with strong natural light
-Shared laundry already set up for both levels
LISTING ID: 1125-NOR-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, Tomomi Wang, Josea Dussard & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?