Who’s looking for a profitable property?
This is your shot at a clean cosmetic flip with massive upside in Etobicoke’s thriving New Toronto pocket. For just $788K, you’re getting a 3-bed semi with solid bones, separate basement entrance, and 4-5 car parking on a quiet residential street just steps from Humber College Lakeshore Campus.
Similar renovated semis are selling for $1.1M+, and this one doesn’t need much to get there: refresh the kitchen, bathrooms, flooring, and basement to unlock that value. Basement ceiling height is approx 6’5″ with a separate side entrance already in place—ideal for a future suite that meets building code.
You’re also walking distance to waterfront parks, bike trails, local shops, and just minutes to Sherway Gardens, TTC, GO Transit, and the Gardiner. Whether you’re flipping, renting, or moving in, this is a strategic play in a high-demand area with serious appreciation and rental potential.
How can you profit?
1) Fix & Flip – Easy cosmetic reno with ~$300K+ spread. Buy for $788k, renovate, and sell over $1.1M.
2) Add Basement Suite – Basement has height (approx. 6’ 5”), layout, and entrance for easy 2-unit setup.
3) Move In with Equity – Some elbow grease will get this end-user ready! Update slowly over time to suit your tastes.
SUMMARY:
– LOCATION: Etobicoke, ON (Lakeshore Blvd W & Kipling Ave)
– PURCHASE PRICE: $788,000 Or Best Offer
– AFTER REPAIR VALUE: Likely over $1.1M
– CLOSING: September 3, 2025 (Likely flexible, it’s vacant. This is an assignment sale.)
– TYPE: 2 Storey Semi Detached
– BEDS/BATHS: 3 beds/1+0.5 baths
– PARKING: 1-car attached garage, plus long driveway (parks 3 to 4)
– BASEMENT: Partially finished, ceiling height approx. 6’ 5”, separate side entrance
– SQFT: 1,352
– LOT: 31’ x 114’
– AGE: 1945
– PROPERTY TAX: $3,848/year
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Update kitchen, baths, flooring, and basement cosmetically.
– Big Ticket Items:
- Roof ~20 years (garage roof replaced last year)
- Furnace ~15 years old
- AC – not present
- Windows: 2nd floor replaced, main floor likely original
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– $300K+ projected spread in a hot Lakeshore-area pocket
– Separate basement entrance + 6.5 ft ceilings = 2-unit conversion potential
– Walking distance to Humber College, waterfront parks, and GO Transit
LISTING ID: 0725-TOR-F04
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PS. Email us today for your info package. Who wants to make money on this one?