Who’s looking for a profitable property?
Flippers, here’s your next project!
Buy this detached Scarborough home at $699,900 and sell at an ARV around $900K with cosmetic updates instead of a full gut job. The kitchen is already in decent shape, and the finished basement adds usable square footage. This functional layout gives you 3+1 bedrooms, 1.5 baths, a garage, and parking for 3-4 more cars. It needs a deep clean, bathroom updates, paint, flooring, and odour removal, but multiple exit paths remain open!
How can you profit?
1) Cosmetic Flip – This is the clearest play here. Clean it out, remove the odour, update the bathrooms, refresh paint and flooring, and list with an ARV around $900K. With clean retail comparables selling in the mid-$800s and full remodels going as high as the mid-$900s, flippers have a clear margin while choosing their preferred level of renovation risk.
2) Move In With Equity – Purchase this discounted Scarborough home and make it move-in ready in no time with cosmetic updates. The kitchen is already in decent condition, the basement is finished, and the house offers 1,514 sq ft plus extra usable basement rooms. Want to add higher-value updates in the future? Neighborhood equity values will make it a good investment!
3) Realtors: Bring Your Clients – Have handy clients looking for a deal? Bring them this detached Scarborough home for only $699K, with manageable cosmetic updates and plenty of equity headroom to add value as they see fit. Add your desired commission!
SUMMARY:
– LOCATION: Scarborough, ON (Flinch Ave East and Morningside Ave)
– PURCHASE PRICE: $699,900 Or Best Offer
– AFTER REPAIR VALUE: $900K
– CLOSING: June 2, 2026 (Possibly sooner. This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 3+1 beds / 1.5 baths
– PARKING: Driveway parking for 3-4 cars, plus 1 garage space
– BASEMENT: Finished basement with 3 rooms, full ceiling height, (no separate entrance)
– SQFT: 1,514
– LOT: 26’ x 105’
– AGE: 1984
– PROPERTY TAX: $3,574 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Deep cleaning throughout, odour removal (cat), paint and flooring.
– Full upstairs bathroom update and powder room refresh.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Refreshed kitchen already in place, so the value-add is focused more on cleaning and cosmetic updates
– Finished basement with 3 rooms and full ceiling height adds usable space
– Parking for 4-5 vehicles total, including garage
LISTING ID: 0326-SCA-F02
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Tobias King, 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.
PS. Email us today for your info package. Who wants to make money on this one?