Who’s looking for a profitable property?
Here’s your chance to grab a semi-detached gem in one of Toronto’s most desirable neighbourhoods for only $888,000 OBO (contact us for flipper pricing!!), with a realistic ARV of $1.5M+. Properties 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, a fast-gentrifying pocket where pride of ownership shows on every street. It’s a vibrant, evolving community that blends old-Toronto charm with new-buyer energy, making it one of the city’s most exciting areas to invest in. You’re less than 1 km from Dufferin Station, close to Dufferin Mall, and steps to parks, schools, shops, and Bloor Street amenities. The neighbourhood offers walkability, family appeal, and long-term appreciation—exactly what smart investors and end-users look for.
The property offers strong bones and classic Toronto character. It spans 1,286 sq ft above grade plus a finished basement, with 3 bedrooms, 2 full baths + a powder room, and a functional layout. While dated, the house is solid, dry, and fully livable. You can move in and renovate at your own pace or modernize it for a profitable resale.
Important note about the basement: a non-paying tenant currently occupies part of the basement. This is not a legal separate unit—it’s a single-family home with full interior access to the basement. The previous tenant improperly sublet, and while the Landlord and Tenant Board has confirmed tenancy rights, this can likely be resolved with a simple cash-for-keys agreement or notice to occupy if you plan to move in. End-users can take possession of the entire home once they move in themselves. This small hurdle is exactly why this opportunity is priced so low, turn it into your advantage!
This one’s perfect for Realtors and investors who recognize a high-margin property in a fast-gentrifying, pride-of-ownership Toronto neighbourhood. Don’t let a minor tenancy issue stop you from securing one of the best spreads in the city right now.
How can you profit?
- Fix & Flip: Comparable semis on the same block are selling over $1.5M. After renos and tenancy resolution, you could see $600K+ in margin potential.
- Move In with Equity: Live in one of Toronto’s best neighbourhoods for hundreds of thousands under market value. Enjoy the whole home once vacant and build long-term equity.
- Buy and Hold: Once stabilized, properties like this appreciate fast in central Toronto. Solve the small tenancy issue, update the home, and hold for serious appreciation.
Realtors: Bring your buyers at $888K and earn 2.5% at the buy price. Fast movers will get priority.
Flippers: Contact us directly for special flipper pricing and assignment options.
SUMMARY:
- LOCATION: Toronto, ON (Emerson Ave & Wallace Ave)
- PURCHASE PRICE: $888,000 Or Best Offer (CONTACT US FOR SPECIAL FLIPPER PRICING! Realtors, this INCLUDES your Co-op!)
- 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: Finished basement with interior access, currently has a non-paying occupant to be assumed by buyer
- SQFT: 1,286
- LOT: 16’ x 105’
- AGE: 1911
- PROPERTY TAX: $5,218 (2025)
RENOVATIONS NEEDED:
- Cosmetic updates throughout
- Older windows but functional
- Furniture/junk removal
- Minor tenancy resolution (buyer to handle, likely cash-for-keys or legal notice to occupy)
- Please view pictures and videos for inspiration and reno ideas.
GOOD NEWS:
- $600K+ potential spread against nearby sales, this is a huge upside for anyone willing to handle one tenancy issue.
- Fast-gentrifying pocket with long-term appreciation where pride of ownership shows on every street.
- Strong bones and solid structure make this a great candidate for an easy flip or full modernization.
- Roof approx. 10–15 yrs, furnace approx. 5 yrs, windows updated mid 1980s–1990s
- Single-family layout (not divided), ideal for move-in or reconfiguration.
- Seller can close sooner if needed providing flexibility for end-users or investors.
- Realtors earn 2.5% at the $888K buy price!!
LISTING ID: 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’s ready to profit on this one?
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