50 Scarborough Golf Club Road
Closing Date: October 22nd, 2026*Buyer to make 10K deposit to the Seller** The Seller may shorten closing to September 22nd, if notice is provided to the Buyer by September 8th*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP : Give this property a new and clean feel by updating the existing flooring, bathrooms, kitchen and lighting to modern finishes. Afterwards, replace the broken baseboard heaters and repair any drywall holes, finishing up with a fresh coat of paint! Landscape the backyard for added curb appeal before throwing up on the MLS for a quick profit!
Details
- Stacked Condo Townhouse
- 3 Bedrooms
- 3 Bathroom
- 1,905 sqft above ground
- No basement
- Built in 1977
- 1 parking spot
- Maintenance fees: $1,120/month
- No locker
Mechanical & Systems
- Electrical: Breaker Panel
- No HVAC
- Baseboard heaters: Two in working condition, the rest need replacing
- HWT: Rented, age unknown, Buyer to verify
- Appliances included: Fridge, Stove, Washer, Dryer in as is condition
Roof & Exterior
- Roof: Covered by maintenance fees
- Windows: Covered by maintenance fees
Lot & Location
- Property taxes are approximately $1,595
- RA Zoning
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: $349,999 or Best Offer
- We believe this property is worth at least $400,000 on the MLS in As Is condition
- We believe this property will be worth at least $525,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 43-91 Muir Drive sold for $440,000 just 3 days ago after only 23 days on the MLS! This comparable property features a 3-bedroom, 2-bathroom layout and is much smaller in size than the subject at only 1200-1400sqft. The comparable is better maintained than the subject but still cosmetically dated and in need of renovations. The comparable also has a smaller maintenance fee than the subject at only $780/month. Therefore, we believe the subject property would be expected to sell for $400,000 on the MLS in AS-IS condition! |
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| 118-50 Scarborough Golf Club Road sold for $539,000 in October 2025, a much better market. This comparable property features a 3-bedroom, 2-bathroom layout and is slightly smaller in size than the subject at 1400-1600sqft. The comparable has been cosmetically renovated throughout, particularly to the flooring, kitchen, bathrooms and lighting, although the finishes look average. The comparable also has a smaller maintenance fee than the subject at only $780/month. Therefore, after the recommended renovations are complete, we believe the subject property would be expected to sell for $525,000 on the MLS! |
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