3 Bedroom Century Home on a Deep Lot Located in the Township of Colborne!! Available

  • $475,000
  • 3 beds
  • 1 baths
  • 1282 sqft
This lovely century home, situated on a deep lot in Colborne, offers great potential and a solid structure for an Investor to restore!! The 3 bedrooms are all situated upstairs, with an area preset for a bathroom (currently in process and still needs completion — the solid soaker tub will stay, as per Seller). The sunroom is cozy and bright with ample space for a sitting area that opens to the kitchen and backyard. Large eat-in kitchen is the heart of the home that leads to the living room, featuring original floors and a wood burning stove. The recent addition of an insulated room off of the main floor laundry room is a great extra space for a workroom, if desired. There is plenty of room for parking, and the 1.5-car garage also features a loft space which is perfect for providing additional storage. With some TLC and a passion to restore, this property will be spectacular!! Located close to Hwy 401 in Colborne, it is central and a quick drive to many amenities and entertainment — Lake Ontario, Victoria Beach, Cobourg, Belleville and Prince Edward County. Don’t miss out on this amazing flip opportunity!!

We are selling our assignable purchase contract.

Closing is May 25th, 2022

PROPERTY FEATURES
  • 1.75-storey
  • 3 bedrooms
    • Main floor dining room is currently being utilized as a fourth bedroom, and a wall has been added that now separates the dining room from the kitchen (as per Seller)
  • 1 full bathroom + 1 incomplete bathroom
    • 4-piece bathroom located on the main floor
    • There is a second room on the second floor that the Seller was planning on converting to a bathroom. Completion of the renovation will not be be done prior to closing (as per Seller)
      • Claw-foot tub will be included
      • Plumbing line and connection will be required (as per Seller)
      • Electrical is already in place (as per Seller)
      • Toilet hole will need to be added (as per Seller)
  • Built in 1900
  • Above grade: 1282 sq ft (as per MPAC)
    • First floor: 802 sq ft (as per MPAC)
    • Second floor: 480 sq ft (as per MPAC)
  • Basement:
    • Can be accessed from either the stairs located in the dining room, or a separate outside entrance (as per Seller)
    • 2 sump pumps are located in the basement (due to different elevations, as per Seller)
    • There is currently some water in the basement due to one of the pipes freezing, however a plumber is scheduled to come out and take a look (as per Seller)
  • Separate entrances:
    • Front door opens into the living room (currently not in use, as per Seller)
    • Back entrance leads directly into the sunroom (currently being used as the main entrance, as per Seller)
    • Door at the side of the house leads directly down and into the basement
  • All appliances will be included
  • Flooring: hardwood and linoleum
    • Hardwood in the living and dining rooms (as per Seller)
    • Linoleum in the kitchen, laundry and bathroom (will need to be replaced, as per Seller)
    • Carpet was removed from the second floor, and there is currently no flooring (as per Seller)
  • 4-season sunroom is currently being utilized as storage (as per Seller)
  • Wood stove is located in the living room and is functional (as per Seller)
  • Kitchen features an eat-in area
  • Main floor laundry room is located just off of the kitchen, and features a wall of cabinets
  • Addition off of the laundry room was added in 2017, and is insulated but it does not have any vents (as per Seller)
  • 2 separate 100 AMP breaker panels
  • Gas furnace is 7-9 years-old (as per Seller)
  • HWT is owned (as per Seller)
  • No AC
  • Some of the windows are original, though they all appear to be in good condition (as per Seller)
  • Roof is an unknown age (as per Seller)
  • Deep backyard features no rear neighbours
  • On municipal services
  • 1.5-car, detached garage
    • Garage features loft storage (as per Seller)
  • Parking for 4+ cars in the driveway
  • Lot size: 77.6 ft x 0 ft (as per MPAC)
    • The lot dimensions on GeoWarehouse are listed as being: 20.96ft x 175.87ft x 77.46ft x 176.2ft x 10.11ft x 50.74ft (Buyer to verify)
  • Site area: 13,863.92 F (as per MPAC)
  • Zoning: N/A (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating
  • Outside access to the basement will require a new door

Please click HERE for more pictures and information.

Price:
$475,000
Address:
Parliament St & King St E
Cramahe, ON
Square Feet:
1282
Lot Size:
77.6 ft x 0 ft
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1900

Call 647-370-0820 for more details

Property Location