Semi-Detached near Downtown Toronto for $720K!!! Available

  • $720000
  • 3 beds
  • 2 baths
WHOLESALE PRICE: $720,000

Or Best Offer!

Dundas St. W  & Brock Ave

Little Portugal, Toronto

Map

PROPERTY INFO
Every once in a while you come across a deal at a discount so huge that it puts a smile on your face. Located in the trendy Dundas West area, this Victorian semi is available to you with a large $300k+ spread – there are smaller condos in the areas selling for a lot more than this!

Flip / Buy and Hold / BRRRR / Reno it to the 9s and turn it into your Primary Residence in a trendy neighbourhood – choose your pick with this one and you can’t go wrong at this price point.

This property needs a full cosmetic reno to get it to today’s standards. There is a lot of potential in this place – the high ceilings make this place feel a lot larger than a semi. Add your renos to this Victorian Toronto House to turn it into a stunner. The roof was done about 3 years ago and the furnace and hot water tank are both new – which means that those big ticket items have been taken care of in this project.

Toronto proper has held its value throughout various Real Estate cycles- our property’s prime location, proximity to the core of Downtown Toronto, and the fact that it’s freehold makes this an extremely strong asset to add to your portfolio.

Get it today at a super-discounted price of $720K. With renovated examples going for over $1M, there is a large enough spread built in to reap a healthy profit. Now that’s what we call a Profitable Property!

Closing is September 6th, 2022

PICTURES and VIDEOS
PROPERTY HIGHLIGHTS
  • 2 Storey Semi Detached House
  • 1124 sq.ft.(approx)
  • 3 Bedrooms
  • 1+1 Washroom
  • 9.5 feet ceilings on Main Floor and Second Floor
  • Steps to TTC(Streetcar and Subway)
  • Laundry in Basement
  • The roof was replaced 3 years ago
  • Furnace and HWT rental
  • Taxes: $4402/year(approx)
  • Vacant Possession
PROPERTY RENOVATIONS
  • Full Cosmetic Update, New Kitchen, Junk Removal, Clean Up
  • Potential to create a basement apartment  (some neighbours have done this. Current Basement Height: 6’1″)

 

PRICE
WHOLESALE PRICE: $720,000

OR BEST OFFER

COMPARABLES
36 Collahie St
This property sold for $1.126M on July 21st 2022 (7 DOM). This property was renovated really nicely – we would use this as our model finishes. This property is on a narrower and smaller lot!!! It also just sold in the same area and was only on the market for 7 days after the interest rate hike!
24 Fisher
This property sold at the end of May for 1.421M (6 DOM!).  This property was also renovated really nicely. It has a deeper lot, but shows what our property could be.  This comparable shows the value of this area once renovated less than 2 months ago.
15 Atkins
This property sold 28 days ago for 965K (16 DOM). This property wasn’t updated very well and could have commanded much more if it was renovated. This comparable shows what the ARV could be with little renovation.
PROCESS

If you are interested and serious, please contact Jefin at 647-955-2561 or email profitableproperty10@gmail.com if you have any questions.

We will also consider offers sight unseen!

Please do not go directly to the address.

Realtors, add your commission amount and bring us a buyer!

READY TO MAKE AN OFFER
Text Jefin at – 647-955-2561
  • With the following information:
  • 1) Offer price
  • 2) Deposit amount
  • 3) Name and Email
FINANCING OPTIONS

We have partnered with Calvert Home Mortgage Investment Corporation

They can:

  • Lend the assignment fee
  • Only require $20,000 down (rates start at 8.49% with 25% down)
  • Fund in 48 hours
  • Mortgages are fully open: No prepayment penalty & No renewal fee
  • Free Valuations ($450 savings)

Let us know if this is of interest to you and we will connect you with them.

Address: Greater Toronto Area,
ON L1N 6E2
Phone: (647) 955 2561
Join our Buyers list
Price:
$720000
Address:
Atkins Ave
Toronto, ON
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Basement:
Partially Finished

Call (647) 955 2561 for more details

Property Location