Who’s looking for a profitable property?
Hereâs your chance to grab a semi-detached gem in one of Torontoâs most desirable neighbourhoods for only $888,000 OBOâwith a realistic ARV of $1.5M+. Properties just three doors down have sold over that mark, giving you $600K+ of instant spread to work with.
This home sits in the heart of Dovercourt Wallace Emerson Junction, one of Torontoâs fastest-rising pockets. Youâre less than 1 km from Dufferin Station, close to Dufferin Mall, a short stroll to parks, shops, and both Catholic and public schools under 300m away. The area offers a quiet, family-friendly vibe while being minutes from Bloor St cafes, restaurants, and transitâperfect for end-users and investors alike.
Inside, the property spans 1,286 sq ft plus a finished basement with a separate entrance and bachelor apartment setupâideal for multi-generational living or future rental income. The layout is functional and bright, with 3 bedrooms upstairs, 2 full baths + a powder room, and solid bones throughout. While the home is dated, itâs fully livableâyou can move in today and renovate over time or jump straight into a profitable flip.
This oneâs perfect for the savvy buyer who sees value others miss.
How can you profit?
1) Fix & Flip: Comparable semis on the same block are trading over $1.5M. Your resale margin could easily exceed $600K+.
2)Â Move In with Equity:Â Live in one of Torontoâs best neighbourhoods for hundreds of thousands under market valueârenovate at your pace and build long-term wealth.
3)Â Rent or House Hack:Â Use the existing bachelor suite in the basement for extra income while offsetting your mortgage. A perfect setup for those comfortable managing tenancies.
SUMMARY:
– LOCATION: Toronto, ON (Emerson Ave & Wallace Ave)
– PURCHASE PRICE: $888,000 Or Best Offer
– AFTER REPAIR VALUE: $1,500,000
– CLOSING: December 2, 2025 (Or sooner! This is an assignment sale.)
– TYPE: 2 Storey Semi Detached
– BEDS/BATHS: 3 beds/2+1 bath
– PARKING: 1 car driveway plus lots of street parking
– BASEMENT: Separate entrance around back. Finished with basement apartment (bachelor unit)
– SQFT: 1,286
– LOT: 16â x 105â
– AGE: 1911
– PROPERTY TAX: $5218 (2025)
RENOVATIONS NEEDED:
– Cosmetic renos throughout.
– Windows are older.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– $600K+ potential spread against nearby sales!
– Prime Dovercourt Wallace Emerson Junction locationâsteps to subway, schools, and Bloor St. Amenities.
– Finished basement with separate entrance and kitchenâgreat for in-law or income setup.
– Roof ~10â15 yrs, furnace ~5 yrs, windows updated mid-â80s/â90s.
– Family-friendly, quiet street with friendly neighbours and private backyard.
–Â Seller can close sooner if neededâflexibility for end-users or flippers ready to go.
LISTING ID:Â 1025-TOR-F01
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Sarah Budden, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Email us today for your info package. Who wants to make money on this one?
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