1.75-Storey Flip Opportunity on 1.19 Acres in Prince Edward County!! Assigned

  • $400,000
  • 3 beds
  • 2 baths
  • 1476 sqft
Assigned

Prince Edward County prestige at rock bottom pricing — need we say more?? If you’re looking to profit from one of the hottest areas in Ontario, this is your chance!! Sitting on over an acre of land in the sought after Ameliasburgh, this 1.75-storey property features over 1400 sq ft of above grade space, 3 bedrooms, 2 bathrooms, new appliances, a steel roof, a 1-car, detached garage, 10+ car parking, and the rustic charm of a century home with modern updates. Requiring only cosmetic updates to bring it to its full potential, this property was built to make you profit!! The privacy and charm of this property, coupled with its proximity to all that PEC has to offer, make it the perfect opportunity. With newer builds in the area selling above $1,500,000, you can’t pass up your chance to enter the most desirable destination market in Ontario for only $400,000!! The average detached 3 bedroom property in Ameliasburgh sells for $1,100,000, so this is your chance to invest for lower than half the average price and reap all of the benefits that come with this peaceful retreat of a property!!

We are selling our assignable purchase contract.

Closing is October 22nd, 2021
**As per our APS, the Buyer agrees to reimburse the Seller for the Seller’s legal costs amounting to a maximum of $2000 CAD.**

**Please note: The Seller has verbally noted that they may be willing to close sooner, if the Buyer would prefer. This is only a verbal agreement.**

PROPERTY FEATURES
  • 1.75-storeys (as per MPAC)
  • 3 bedrooms
    • 2 of the bedrooms will require flooring
  • 2 bathrooms
    • 4-piece bathroom located on the second floor
      • Second floor bathroom was updated 5-6 years-ago (as per Seller)
    • Powder room located on the first floor
  • Built in 1910 (renovation in 1983, as per MPAC)
  • Above grade: 1476 sq ft (as per MPAC)
    • First floor: 944 sq ft (as per MPAC)
    • Second floor: 532 sq ft (as per MPAC)
  • Unfinished basement: 532 sq ft (as per MPAC)
    • Ceiling height of 5.157 ft to duct, and 6.667 ft to ceiling (Buyer to verify)
    • Sump pump located in the basement (as per Seller)
  • Separate entrances:
    • Front door opens into the living room
    • Door in the kitchen opens to a mudroom, which leads out to the back of the property
  • All appliances and riding lawn mower will be included 
    • Riding lawn mower is from 2012, with only 170 hours of use (as per Seller)
  • Flooring is a mix of laminate, wood, and tile
    • Living room and kitchen flooring were updated 5-years-ago (as per Seller)
    • Laminate flooring in one bedroom was updated 5-6 years-ago (as per Seller)
  • Main floor laundry
  • Large attic/storage space on second floor
  • 200 AMP breaker panel
    • Seller does not believe there is any knob & tube, though cannot confirm (Buyer to verify)
  • HE propane furnace is owned, and was installed in December of 2020 (as per Seller)
    • 2 propane tanks are rented for $99/year (as per Seller)
  • HWT is owned, and was installed 3-4 years-ago (as per Seller)
  • AC is owned, and is ~4-years-old (as per Seller)
    • MPAC lists this property as having no AC
  • Roof was updated to steel approximately 10-years-ago (as per Seller)
  • All windows were updated 15-years-ago (as per Seller)
  • Storage shed located on the property was built in 1970 (227 sq ft, as per MPAC)
  • Septic was last emptied ~5-years-ago (as per Seller)
  • Drilled well (as per Seller)
  • 1-car, detached garage built in 1970 (285 sq ft, as per MPAC)
  • Parking for 10+ cars on driveway
  • Property taxes: ~2500/year (Buyer to verify)
  • Lot size: 150 ft x 345.93 ft (as per MPAC)
  • Site area: 1.19 A (as per MPAC)
  • Zoning: A (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$400,000
Address:
County Rd 19 & Snider Rd
Consecon, ON
Square Feet:
1476
Lot Size:
150 ft x 345.93 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1910
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location