|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