This property is perfect for the sunshine lover! Features inground pool, sunroom, and backs onto Rotary Greenway Trail (right on the Otonabee River). 3-5 minutes to Trent University, Thomas A Stewart Secondary School, and the Peterborough Lift Locks.
How can you profit?
1) Move In: finish the upstairs flooring and this property is move-in ready! Realtors, we’ll pay you 2.5% to bring a buyer.
2) Rent It Out: Peterborough has the lowest vacancy rate in Ontario! Enjoy rents close to $3000/month plus utilities on this unique rental property (currently vacant).
SUMMARY:
– LOCATION: Peterborough, ON (Parkhill Rd E. and Armour Rd.)
– PURCHASE PRICE: $409,900 Or Best Offer (Includes 2.5% Co-op for Realtors)
– DISCOUNTED DIRECT BUYER PURCHASE PRICE: $399,900 Or Best Offer (Last Sold for $545k in 2021)
– AFTER REPAIR VALUE: Around $500k
– CLOSING: March 7, 2024 (This is an Assignment Sale)
– TYPE: 1.25 Storey Detached
– BEDS/BATHS: 1 Bed Main Floor/1-2 Beds in Finished Attic/1 Bath
– PARKING: Single Detached Garage Plus 2 Driveway Spaces
– BASEMENT: None (built on slabs)
– SQFT: 1,100
– BIG LOT: 104’ x 91’
– AGE: 1952
– HVAC: Electric Baseboard
– PROPERTY TAX:
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Some minor cosmetic updates to main floor.
– Finish bedroom(s) on second floor.
– Some windows and shingles should be updated.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Your chance to buy almost $150k less than 2021 sold price!
– Beautiful sunroom and inground pool
Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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