Coleridge Ave, Toronto
Offer Date: FIRST COME FIRST SERVED
Closing Date: March 2nd, 2026
*$10,000 deposit payable to the Seller by the Buyer upon acceptance*
*The Seller has the option to shorten closing to February 2nd 2026 if notice is given to the Buyer by January 16th 2026. The Seller also has the option to extend closing to March 26 2026 if notice is given to the Buyer by February 13th 2026.*
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Full Cosmetic Renovation: Complete a comprehensive cosmetic renovation, including exterior refinishing, a refreshed kitchen and bathroom, and updated flooring, fixtures, and finishes throughout. A conservative after-repair value of approximately $875,000 can be achieved with quality mid-range finishes; however, a buyer who invests in more premium finishes and professional staging could reasonably target an ARV exceeding $900,000.
Property Overview
Details
- 2 Storey Semi Detached,
- Beds: 2
- Additional extension that can be used as a bedroom
- Baths: 1
- 933 sqft above grade & 395 sqft below grade
- Unfinished basement, 6-6.5 ft in height
- No separate entrance
- Minor basement water observed; no visible foundation cracks.
- Installation of a sump pump recommended as a preventative measure
- Built in 1920
Mechanical & Systems
- Electrical: 100 amp breaker panel, copper wiring (Buyer to verify)
- Furnace: Owned, 2 years old, high efficiency furnace
- A/C: None
- HWT: Rental, 15-20 years old
- Appliances included: Fridge, Stove, Washer, Dryer in as is condition
Roof & Exterior
- Roof: Roof is nearing end of lifespan; replacement recommended
- Windows: 25 years old
- Foundation: Cinder block foundation, parging would be beneficial
- Parking: No driveway, street parking only
Lot & Location
- 16.6 ft x 95 ft lot
- Property taxes are approx. $3,974
- Zoning RD
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: $599,999
- We believe that after the recommended renovations are completed, this property should be worth at least $875,000 on the MLS
Comparable Analysis |
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| 85 Newmarket Ave sold for $845,000 in October 2025 after 26 days on the MLS! This 2+1 bedroom, 1-bath semi-detached home is over 100 years old and offers approximately 700–1,100 sq. ft. on a compact 15 ft x 100 ft lot, with a partially finished basement, no parking, and a recently renovated kitchen. While comparable in age and overall scale, the subject property benefits from a slightly larger above-grade footprint, a functional rear extension that can be utilized as an additional bedroom, newer major mechanicals including a high-efficiency furnace, and similar street-parking characteristics. After accounting for differences in layout, condition, and renovation scope, and assuming a full renovation of the subject property, we believe it would be well positioned to sell for approximately $875,000 on the MLS. |
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| 99 Newmarket Ave This 2-bedroom, 2-bath semi-detached home offers approximately 700–1,100 sq. ft. on a 16 ft x 100 ft lot, with a finished basement and no parking. The property has benefited from over $80,000 in upgrades over the past five years and serves as a strong example of how higher-end finishes and thoughtful renovations can materially increase resale value in this area. After making appropriate adjustments and assuming a full renovation of the subject property, we believe it would be expected to sell for at least $875,000 on the MLS. |
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| 149 Drayton Ave Sold for $920,000 in October 2025 after just 12 days on the market. This semi-detached home offers 2+1 bedrooms and 2 bathrooms, with approximately 700–1,100 sq. ft. of living space on a 14 ft x 100 ft lot, and includes a finished basement. The main floor was renovated in 2025, featuring luxury vinyl flooring and a modernized kitchen. While similar in age and size to the subject property, this comparable benefits from recent interior upgrades and a finished lower level. After making appropriate adjustments and assuming a full renovation of the subject property, we believe it would be expected to sell for at least $875,000 on the MLS. |
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