DETACHED 1.5 STOREY IN ETOBICOKE! Assigned

  • $574999
  • 4 beds
  • 2 baths
Assigned
FIX & FLIP OR WHOLETAIL OPPORTUNITY
$225K SPREAD TO ARV!
CHEAPEST DETACHED IN TORONTO!
Boniface Ave, Toronto
Pictures and More

Boniface Ave, Toronto
Offer Date: FIRST COME FIRST SERVED
Closing Date: May 29th, 2026

** Realtors bring us a client and add your commission on top of the purchase price**

 

Strategies For Success

  • FIX & FLIP: Complete a full interior renovation to maximize the ARV value! Replace the washrooms, flooring, remove basement panelling and update throughout. Save on the kitchen renovation by keeping the existing cabinets, fixing a few cabinet doors, and simply replacing the countertop!
  • WHOLETAIL: Keep it to the basics and list quickly! Budget for junk removal, paint throughout, and any minor repairs and list this property in no time!

Details

  • Detached 1.5 Storey
  • Beds: 3 + 1
    • 2 upstairs, 1 on main floor
    • 1 in basement
  • Baths: 2
    • 1 full on main floor, 1 full in basement
  • 1,026 sqft above ground & 675 sqft below grade
  • Finished Basement
    • No separate entrance
    • Ceiling height approx. 6.5ft under bulkhead, 7ft throughout
    • Had previous leaks from upstairs sink (stains visible in pictures), however the basement ceiling has since been repaired.
  • 1 Car Detached Garage – structure is slightly tilted, but foundation seems in good condition
  • Built in 1952

Mechanical & Systems

  • Electrical: Breaker panel with copper wiring
  • Furnace: Rented, replaced in 2014 – to be paid off by seller on closing
  • A/C: Owned, replaced in 2014
  • HWT: Rental, to be assumed by Buyer, replaced in 2012
  • Appliances included: None

Roof & Exterior

  • Roof: Good condition, replaced in 2017 – as per seller
  • Windows: A few have been replaced, however majority are dated but well maintained.
  • Steps to the front door are slightly crumbling

Lot & Location

  • 45.04 ft x 112.93 ft lot
  • Property taxes are approximately $3,544
  • RM(u3*18) Zoning

Important Notes

  • There was a leak in the basement ceiling coming from the upstairs sink. The leak has been repaired, however there is still visible staining in the basement ceiling.
  • Seller has the option to leave junk behind—budget recommended for junk removal
 
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent Wholetale or Rental opportunity.

  • Wholesale Price: $574,999 or Best Offer
  • We believe that after the recommended renovations are completed, this property should be worth at least $800,000 on the MLS!
  • Purchase today for $225K SPREAD TO ARV!

Comparable Analysis

67 Allenby Avenue sold for $775,000 in February 2026! This detached 1.5 storey house with 2+1 bedrooms and 2 full bathrooms has received a renovation, including a separate entrance to the basement. This renovation was strategic, with the upstairs dated flooring kept and a cheap basement upgrade. This comparable property does not have a detached garage, whereas the subject property does. Both the subject property and comparable sit on similar lots, and are similar in size. After completing a full interior renovation and making the appropriate adjustments, we believe the subject property should sell for $800,000 on the MLS!
135 Allenby Avenue sold for $735,000 in December 2025! This detached 1.5 storey home has 3+1 bedrooms, 2 full bathrooms, and is dated throughout. This comparable does not have a detached garage, whereas the subject property does. Both the comparable and subject property are similar in size and sit on similar lots. After completing a small wholetail renovation and making the appropriate market adjustments, we believe the subject property would sell for at least $700,000 on the MLS!
Price:
$574999
Address:
Etobicoke
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1952
Basement:
Finished

Call 647-930-0291 for more details