Set on a quaint, tree-lined street in the historic district of Peterborough, this 3 bedroom, 2 bathroom, century home, is located close to all amenities that the downtown area provides. Featuring many of its original features, including: pine and maple wood floors, oak baseboard trim, high ceilings, and stained glass, this place is full of charm!! The partially finished attic space would be perfect for a future room, and not to mention, the wonderful sitting area located off of the master bedroom that would make for a fantastic office or a cozy parent retreat!! Make this your next rental property, in order to accommodate the lack of rental properties in Peterborough, or flip and profit on the market. This is a property that is full of endless potential, and you won’t want to miss out!!
We are selling our assignable purchase contract.
Closing is November 16th, 2021
*As per our APS, the Seller will be permitted to stay on the premises for no later than 8 months after closing, ending July 15, 2022. The rate will be $3000/month (excluding utilities, which shall be in the Seller’s name) calculated on a pro-rated basis. $25,000 will be held back by Seller’s lawyer in trust as compensation for the stay and damage deposit. Once the Seller has vacated the property and left it in reasonable condition, the remaining balance, if any, of the holdback shall be released to the Seller within 2 business days. Seller will provide a 60 day written notice to Buyer if leaving the property earlier than July 15, 2022.*
**As per our APS, the Seller agrees to allow the Buyer to enter the subject property to begin any renovations or work needed during this lease-back period with a 48 hour notice, or a mutually agreed time period through Buyer and Seller.**
***As per our APS, the Buyer agrees to cover the Seller’s legal fees up to $1200 CAD.***