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Four Winds Dr, North York
Offer Date: FIRST COME FIRST SERVED
Closing Date: January 15th, 2026
*Buyer agrees to pay the sellers legal fees up to a maximum of $2,000*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Easy Cosmetic Renovation: Based on recent sales, a light, cosmetic-only renovation will maximize the ARV. Updating the upper kitchen, bathrooms, and flooring will have a significant impact. Additionally, the existing basement kitchenette adds a strong selling point for a retail buyer.
- Rental Option: Given the three-storey layout with a self-contained in-law suite, the property can be rented as two separate units, a strategy already used by other townhouses in the complex.
Property Overview
Details
- Condo Townhouse 3-Storey
- Beds: 4
- Baths: 3
- 1 full on third floor
- 1 full on second floor
- 1 full room in the basement
- 1764 sqft above grade & 576 sqft below grade
- Finished basement, 7-8 ft in height
- In-law suite with kitchenette
- 1 parking space included
- Built in 1972
Mechanical & Systems
- Electrical: Fuse panel, mostly mix of copper and aluminum wiring (buyer to verify)
- Furnace: Replaced in 2022, owned as per seller
- A/C: Owned, installed in 2022 as per seller
- HWT: Rental, seller unsure of age
- Appliances included: Fridge, Stove & Washer in AS-IS condition
Roof & Exterior
- Roof: Covered by condo corp
- Windows: Covered by condo corp
Lot & Location
- Property taxes are approx. $2,383
- Maintenance fees are approximately: $1026/month
- maintenance fees include general area maintenance, all amenities, internet, heat and water as per seller (buyer to verify)
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.
- Wholesale Price: $524,999
- We believe that after the recommended renovations are completed, this property should be worth at least $725,000 on the MLS
Comparable Analysis |
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| 8-29 Four Winds Drive sold for $730,000 in September 2025 after 44 days on the MLS. This 2 storey condo townhouse consists of 3+2 bedrooms and 3 bathrooms. The property’s maintenance fees are approximately $964/month and as per the listing is approximately 1000-1199sqft, much smaller than the subject property. This unit has been tastefully renovated throughout and would be considered a top end ARV comparable. However, the comparable does not have a kitchenette in the basement whereas the subject property does. After making the appropriate adjustments, we believe the subject property would sell for a price around $725,000 on the MLS after a full renovation. |
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| 14-7 Four Winds Dr sold for $787,000 in June 2025 after 31 days on the MLS. This 2 storey condo townhouse consists of 4+1 beds, and 4 bathrooms. As per the MLS listing, the unit is approximately 1800-1999 sqft, which is slightly larger than the subject property. The comparable also has $1141/month maintenance fees which is slightly more than the subject property’s. Cosmetically the comparable has been fully renovated with modern, tasteful but not over the top renovations. After applying adjustments, and considering matching the renovation level to the comparable, we believe in todays market the subject property would sell for a price around $725,000 |
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