🔥$500k++ Spread in Toronto! Flip, Rent, or Rebuild! Available

Who’s looking for a profitable property?

Investors- you’ve been waiting for this one!! A rare detached gem in the Wallace-Emerson Junction FOR LESS THAN THE MPAC ASSESSED VALUE!! The property needs a full gut and we’re not gonna sugar coat it, this one is rough. BUT, that’s where you get to swing in to profit like a pro! Featuring 1.25 storeys and 2 separate units, the potential for a detached property in this area is seemingly limitless! The neighbouring property? Sold for $2.85M just last year. Air BnB’s are renting for upwards of $400/night and even dated townhomes are selling above $1M!! It’s been over 5 YEARS since a detached property has sold below $700K in the Junction so at only $639,900 with a $500K++ spread, you’re going to want to act fast. Whether you’re looking to do a full flip or demo and rebuild, you’re coming out ahead with this STEAL of a deal.

How can you profit?
1) Fix & Flip: Pick it up for less than the assessed value with a $500K+ spread! Buy for $639k, renovate, and sell in the $1.2M-$1.3M+ range.
2) Full Reno and Rent:  Rent two separate apartments for an estimated $5k/month. Easy cash flow in high demand rental area.
3) AirBnB: Neighbouring properties going for $400+/night!!
4) Demo and Rebuild: Neighbouring property sold for $2.85M!! Ours is smaller, but it’s a high-value neighbourhood.

SUMMARY: 
– LOCATION: Toronto, ON (Bloor St W and Symington Ave)
– PURCHASE PRICE: $639,900 Or Best Offer
– AFTER REPAIR VALUE: $1.2M- $1.3M+. Renovated 2-storeys are selling for $1.4M at least. (Our house is 1.25 storeys, and our lot is not as deep.)
– CLOSING: August 27, 2025 (This is an assignment sale.)
– TYPE: 1.25 Storey Detached
– BEDS/BATHS: 2+1 beds/ 1+1 bath
– PARKING: Assume N/A. Potential for street parking through the city. You might be able to add a small driveway in front of the house.
– BASEMENT: Finished Basement Apartment (full kitchen, 1 bedroom, 1 bathroom) with separate entrance
– SQFT: 1,049
– LOT: 26’ x 61’
– AGE: 1910
– PROPERTY TAX: $4,606 (2024)
– POSSESSION: Vacant

RENOVATIONS NEEDED: 
– FULL GUT! Expect to redo everything: electrical, plumbing, HVAC, roof, windows, interior finishes.
– Visible mold in basement, possible structural bowing on the side wall.
– Possibly raccoons in attic.
– Utilities are shut off—expect to re-activate.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:
– CHEAPEST DETACHED PROPERTY IN THE AREA IN 5+ YEARS!!!
– Pick it up for less than the MPAC assessed value!!
– Gut to the studs and sell at a profit
– Demo and start fresh for a massive ARV
– Highly desirable location for both buying and renting!!
– Neighbouring properties selling in the millions and AirBnBs renting for $400+/night!! Easy cash no matter which direction you take it in!

LISTING ID: 0725-TOR-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

PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.