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Lambton Ave, Toronto
Offer Date: FIRST COME FIRST SERVED
Closing Date: May 28, 2026
**The Seller may occupy the property after closing for a period until July 30 2026 at no cost provided the seller obtains a policy of tenant insurance. The Seller may exercise this option by written notice to the Buyer on closing. If the Seller exercises such option, then the Buyer shall hold back $75,000 due on the statement of adjustments and shall not be required to pay same to the Seller’s lawyer unless and until the Seller vacates the property. Each day the Seller stays after July 30 2026, the Seller owes the Buyer $500 from the holdback amount.**
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP: Complete a light, strategic renovation to maximize ARV & turn the property around efficiently & effectively! The scope here is clean and straightforward – junk removal, fresh paint throughout, minor drywall patches, basement flooring replacement, kitchen tile repair, and fixture updates.
Details
- Semi-detached 2-storey
- Beds: 3
- 2 bedrooms upstairs, 1 bedroom/sunroom on the main floor
- Baths: 1.5
- 1 full bath upstairs, 1 powder room on main floor
- 876 sqft above ground & 438 sqft below grade
- Basement ceiling height – Approx. 5’11-6ft throughout
- Driveway for 1-2 parking spots
- Built in 1915
Mechanical & Systems
- Electrical: Breaker panel
- Furnace: Owned, replaced in 2019 as per seller
- A/C: Owned, replaced in 2019 as per seller
- HWT: Rental, to be assumed by buyer
- Appliances included: Fridge, stove, dishwasher, washer, dryer in AS-IS condition
Roof & Exterior
- Roof: Replaced in 2025
- Windows: A few have been replaced, however majority are original
Lot & Location
- 12.6 ft x 100 ft lot
- Property taxes are approximately $2662
- RM 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: $579,999 or Best Offer
- We believe that after the recommended renovations are completed, this property should be worth at least $775,000 on the market!
- Purchase today for $195K SPREAD TO ARV!
Comparable Analysis |
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| 73 Chambers Ave sold for $751,000 in February 2026! This semi-detached 2-storey comparable has 3 bedrooms, 2 full bathrooms, and sits on a similarly sized lot. This comparable property is similar in square footage to the subject property, however the finishes are very dated throughout. The subject property has been previously renovated, but requires some TLC to bring it back to it’s original condition. Additionally, the subject property has parking on the driveway, whereas this comparable requires a permit from the city for parking, giving a great added selling feature! After completing the recommended renovations, we believe the subject property should sell for $775,000 on the MLS! |
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| 131 Dalrymple Drive sold for $835,000 only 14 days ago! This semi-detached comparable has 3+1 bedrooms, 2.5 bathrooms and no garage. This comparable property sits on a larger lot and is larger in square footage, however it does sit next to a commercial property similar to the subject property. Additionally, this comparable has received a full interior renovation. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property should sell for $775,000 on the MLS! |
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