A cash offer removes the financing condition and the risk that a lender's appraisal, which can take 1 to 2 weeks to come back, lands below the accepted price, a real concern on a block where recent comparable sales are sparse.
That certainty is worth something to a seller, but it does not eliminate the seller's other conditions, and a savvy Riversdale seller still expects a real inspection period rather than a waived one.
Certainty is the edge, not just speed. Get your hand-reviewed valuation from Joel Dyck.