2-Storey Quick Flip Located Near Grand River in Caledonia!! Assigned

  • $825,000
  • 4 beds
  • 3 baths
  • 1995 sqft
Assigned
No better way to start off 2022 than with this whopper of a deal located within walking distance of downtown Caledonia — a sought-after town no more than a 25 minutes drive of Hamilton!! There is little to no detached inventory actively listed in this town, and here is a nearly 2,000 square foot, brick, 2-storey available with the buyer inheriting $125,000 of free, upfront equity. Located on a quiet street, this home is excellently maintained by the original owners, and a clean slate for an Investor’s fresh, eye-popping, strategic renovation. With hardwood floors on the main level, quartz kitchen countertops, shed ceiling in living room, 2-car garage, with the roof, central AC, and furnace all from within the last 10 years (as per Seller). Downtown Argyle St is a hop and a skip away, as well as Grand River, parks, schools, and shopping centres. An investor has the chance to own this 2,000 square foot freehold for less than a 2-bedroom townhouse in Toronto, and equivalent to a 100+ year old home in off-mountain Hamilton. Don’t miss out!!

We are selling our assignable purchase contract.

Closing is April 21st, 2022

PROPERTY FEATURES
Please note: The current Sellers are the original owners, and this will be the first change of hands for this property in 30 years!
  • 2-storeys
  • 3+1 bedrooms
    • Master bedroom features a 4-piece ensuite, as well as double door, his-and-her closets
    • Basement bedroom is currently being used as an office
  • 3 bathrooms
    • 3-piece master ensuite located on the second floor
    • Additional 4-piece bathroom located on the second floor
    • 2-piece bathroom located on the main floor
  • Built in 1988
  • Above grade: 1995 sq ft (as per MPAC)
    • First floor: 1255 sq ft (as per MPAC)
      • While it is a full 2-storey, the main level has more floor area due to the Great Room with the slanted roof and the laundry room by the side entrance
    • Second floor: 740 sq ft (as per MPAC)
  • Partially finished basement: 1248 sq ft (as per MPAC)
    • Basement is accessible from middle of house
    • Basement ceiling height is 6’10” from flooring to drywall (Buyer to verify)
    • Basement windows are below grade with window wells
    • Hot tub room
      • Room is framed-in, and fully insulated with exhaust fan (as per Seller)
    • Cold room
    • Utility room
    • Water damage on a baseboard in the basement office, but Seller claims it was from a leaky flower pot leaning against the wall and that it did not come through the foundation (Buyer to verify)
  • All appliances will be included
    • Kitchen is all stainless steel appliances (except for the fridge) and quartz countertops updated in 2019 (as per Seller)
  • Hot tub and all equipment in the basement will be included
  • Skylight feature in upstairs hallway
  • Great room features a wood fireplace, bay window, and shed ceiling
  • Oak hardwood floors and laminate tiles on main floor are approximately 10-12 years-old (as per Seller)
  • 100 AMP breaker panel + separate 100 AMP sub panel for the hot tub
  • Furnace is owned, and is approximately 6-years-old (includes a 20-year warranty, as per Seller)
  • HWT is rented (as per Seller)
  • Central AC is owned, and is approximately 6-years-old (as per Seller)
  • Central VAC is included, and is in working order (as per Seller)
  • Windows are 10-years-old (as per Seller)
  • Roof is 10-years-old (as per Seller)
    • Roof over the 2-storey addition is asphalt shingles, and the roof over the original house is part asphalt, part steel (as per Seller)
  • Backyard features:
    • A new deck
    • Fish pond
    • New fencing in backyard at the back + along the left side of the house
    • Natural gas hookup for BBQ
    • Side gate access to backyard
  • Exterior is brick and vinyl cladding
  • New interlock stone stoop at front door
  • Poured concrete foundation
  • On municipal services
  • 2-car, attached garage with in-house access (420 sq ft, as per MPAC)
    • Garage also features:
      • Automatic door
      • Central VAC unit
      • Workshop
      • 2 entry doors (into the laundry room and out to the side yard)
  • Private driveway is asphalt, and accommodates 2 cars, side-by-side
  • Lot size: 57.09 ft x 118.11 ft (as per MPAC)
  • Zoning: R1-B (as per Zoning Map)
    • Permitted uses include: Single Family Dwellings and Two Family Dwellings (Buyer to verify)
  • Vacant possession

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$825,000
Address:
McKenzie Rd & Haddington St
Caledonia, ON
Square Feet:
1995
Lot Size:
57.09 ft x 118.11 ft
Bedrooms:
4
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1988
Basement:
Partially finished

Call 647-370-0820 for more details

Property Location