Discover unparalleled privacy and tranquility on this stunning acreage, where lush trees and mature hedging surround a 2400 sqft home tucked away from view. Enjoy a peaceful, park-like backyard complete with towering trees, open green spaces, and a pond. Here, fields and forests are your neighbors, offering a true escape into nature.
This multi-level home features four spacious bedrooms plus a study that can serve as a fifth bedroom. Ideal for extended family or multigenerational living.
Conveniently located between Bowmanville and Courtice, this property offers easy access to shopping, dining, and essential services. Highways 401, 407 and 418, are minutes away for easy commuting.
With 200 AMP service, a hydro transformer on-site, and hydro-equipped outbuildings and a greenhouse, this property is primed for those seeking both functionality and rural charm. Embrace the opportunity to own a serene retreat with the convenience of nearby amenities—truly the best of both worlds.
How can you profit?
1) Flip it! With 2400 sqft and 3 acres, the upside value is mostly limited by your vision for this property. Over $1.1M seems almost easy with a nice reno. With more work, over $1.5M seems possible based on comparable sales.
2) Seize this deal and increase its value over time. You could rent it now and have it for your future dream home. Much of the house is move-in-ready. Build an addition or garden suite while renting it out.
3) Move into the country and have a hobby farm. We know you want to! And you’re still close to cities.
SUMMARY:
– LOCATION: Bowmanville, ON (Holt Rd & Nash Rd) – Between Courtice & Bowmanville, in Durham Region.
– PURCHASE PRICE: $768,888 Or Best Offer
– AFTER REPAIR VALUE: Over $1.1M is conservative and there’s potential for $1.5M with beautiful renos and if you enhance the exterior features. You have a 2400 sqft house and 2.81 acres to create your masterpiece!
– CLOSING: December 6, 2024 (This is an assignment sale.)
– TYPE: Detached, 2-storey, Single Family Home, Brick House Base
– BEDS/BATHS: 5 beds, 2 baths
– PARKING: Lots of parking due to the size of the lot.
– GARAGE: Garage can been converted back by simply adding the garage door.
– BASEMENT: Full height section and has a crawl space section.
– SQFT: 2,402 sqft
– LOT: 185.11’ x 660.61’ (2.81 Acres)
– AGE: 1974 (Much newer than many of the old farmhouses nearby.)
– PROPERTY TAX: Approx $6,753 (2024)
– POSSESSION: Vacant
OUT-BUILDINGS:
– Detached workshop in the backyard with water and hydro. This could make a bachelor apartment EASILY!!!
– One greenhouse will be left on the property. Has electricity run to it and its own furnace inside.
– Metal shed at back of property is leaning and may need to be torn down.
RENOVATIONS NEEDED:
– Kitchen cabinets are beautiful and there are tons of cabinets. However, they could use a re-stain or paint.
– Could open up the rear wall of the kitchen to make that floor very open concept, that would make it 10 out of 10!
– There’s hardwood throughout except 1 bedroom with carpet.
– Needs paint and trim throughout.
– Garage door could be put back on if you want to use it as a garage.
– The second storey deck/carport needs some love and a railing.
– Lower-level bathroom could use a full reno.
– The basement could use some cleaning and love.
– Update the house to be as beautiful as you desire!
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– The house has some nice features and is liveable and rentable with just a small amount of renos.
– Windows are 8 years new.
– Multiple out-buildings make this ready for your gardening or hobby farm pleasures.
– A 2400 sqft 1970s house on almost 3 Acres!
LISTING ID: 1124-BOW-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors