Shrewsbury Square, Scarborough
Closing Date: July 31st, 2026*Buyer responsible for a 10K deposit to the sellers lawyer*
*The Seller has the option to extend closing to August 31 2026 if notice is given to the Buyer by July 10 2026*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP : Complete a renovation that includes mold remediation in the upstairs bathroom, junk removal & property cleanup, new flooring, fresh paint, upgraded windows, updated kitchen and bathrooms, and modern fixtures and finishes throughout. Focus on transforming the property into a clean, move-in-ready home that appeals to end buyers and maximizes resale value. Once completed, the property will be well-positioned to achieve a strong resale price relative to the comparable listings below.
Details
- Detached 3 level Sidesplit
- 4 Bedrooms
- 2 Beds upstairs
- 2 Beds on the lower level (not basement)
- 2 Full Bathrooms
- 1 Bathroom upstairs, 1 bathroom on the bottom level)
- 1,368 sqft above ground & 482 sqft below grade
- Finished basement
- Separate entrance from the side of the house into the basement
- Built in 1956
- 1 Car detached garage
Mechanical & Systems
- Electrical: fuse panel
- Furnace: Property appears to have a boiler system with a 2016 tag, though the home also has baseboard heaters.
- A/C: None
- HWT: rental, installed in 2016
- Appliances included: Fridge, Stove, Washer, Dryer in As-Is condition
Roof & Exterior
- Roof: 5 years old
- Windows: Dated, mostly vinyl
- Foundation: No cracks or leaks in the foundation
Lot & Location
- 50 ft x 90 ft
- Corner unit large side yard & smaller backyard
- Property taxes are approximately $5,233
- RD Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
- Slight mold in upstairs bathroom
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.
- Wholesale Price: $699,999 or Best Offer
- We believe this property will be worth at least $1,000,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 21 Holford Crescent sold for $1,000,000 in March 2026 after just 22 days on the market. This 3-level backsplit offers a similar overall style and square footage range, with a 3+1 bedroom layout and 3 bathrooms on a 45 x 112 ft lot. The comp has been fully renovated and redesigned throughout, whereas the subject property requires cosmetic updates. However, the subject benefits from a desirable 4-bedroom layout, a finished basement with a separate side entrance, a detached garage rather than a carport, and a large corner lot with substantial side yard space. After making the appropriate adjustments, we believe the subject property will be worth $1,000,000 on the MLS once the recommended renovations are complete. |
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| 48 Holford Crescent sold for $1,000,000 in May 2026, further supporting the value of renovated sidesplit homes in this neighbourhood. This detached 3-level sidesplit features a similar 3+1 bedroom layout, 2 bathrooms, a finished basement, and a comparable 1,100–1,500 sqft footprint on a 43 x 91 ft lot. The property has been recently renovated, allowing it to achieve top-of-market pricing. In comparison, the subject offers a true 4-bedroom layout above the basement level, a separate side entrance, a detached garage, and a larger 50 x 90 ft corner lot with additional yard space. After making the appropriate adjustments for condition and layout, we believe the subject property will be worth $1,000,000 on the MLS once the recommended renovations are complete. |
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