Bungalow Flip with Extra Large Garage/Workshop in Marmora!! Assigned

Offering plenty of outdoor space in a beautiful setting, along with the convenience of being close to the essentials of the community, this is the perfect flip opportunity for you!! This bungalow is located off of a quiet road, featuring 1200+ sq ft of space, 2 bedrooms, 1 full bathroom, a large, detached garage, as well as a deck off the kitchen and backyard gazebo!! Conveniently located in Marmora, close to all amenities and major centres (Belleville, Peterborough, Toronto, etc.) with the privacy of a cottage retreat, this property has everything an Investor is looking for. This property is a complete steal for the price with tons of potential!

We are selling our assignable purchase contract.

Closing is November 2nd, 2021
**As per our APS, the Buyer agrees to pay the Seller’s legal fees, up to $1,500 CAD, upon closing.**

• 2 bedrooms
  • Master bedroom features 2 closets
  • Second bedroom will need flooring, and the walls will requires mud and tape as well as new paint
• 1 full bathroom
• Built in 1953
• Above grade: 1220 sq ft (as per MPAC)
• No basement or crawl space
  • There is a three foot opening in the floor in the bathroom in order to access the pipes (as per Seller)
• Separate entrances:
  • Front door opens into the living room
  • Door in the kitchen leads into the mudroom
  • There are 2 doors in the mudroom; one leads out to the side of the property, and the other leads directly to the backyard
• All appliances will be included, except for the refrigerator 
• Flooring is a mix of carpet and laminate throughout (as per Seller)
• Enclosed bar is entered from the dining room, and serves out to living room
• Laundry room is located on the main floor, just off of the kitchen
• 200 AMP breaker panel
• Pellet stove located in the living room is 14-years-old and is the main source of heat (as per Seller)
  • Cost is around $800/year (as per Seller)
• Bedrooms both have baseboard heating (as per Seller)
• Electric baseboard panels are available at the property, and will need to be installed (as per Seller)
• HWT is owned, and is believed to be around 10-years-old (as per Seller)
• No AC
• Windows are around 10 to 15 years-old (as per Seller)
• Roof is metal, and will require repair
  • The Seller has purchased a new metal roof that will be staying on the property. It is already measured and cut, however it will just need to be installed (Buyer to verify)
• Outdoor features:
  • Wooden deck with attached gazebo
    • Deck will require repair or removal (as per Seller)
  • Annuals and perennial gardens
  • Large vegetable garden
• Drilled well
  • Pump was replaced in 2020 (as per Seller)
  • 360 ft deep (as per Seller)
• Weeping bed is located in the backyard, and is covered by gardens (as per Seller)
• New sledge pump is located outside, underneath the bathroom window (as per Seller)
• Septic was last emptied 11-months-ago (as per Seller)
• Detached, 2-car garage was built in 1999 (600 sq ft, as per MPAC)
  • Side door entrance
  • Ample upstairs storage
  • Garage has it’s own sub-panel, however the exact amperage is unknown (Buyer to verify)
  • Roof on the garage will likely need to be updated (as per Seller)
• Parking for 6+ vehicles in driveway
• Lot size: 66 ft x 214.5 ft (as per MPAC)
• Zoning: RU (as per MPAC)

PROPERTY NEEDS

• Cosmetic updating
• Update roof

Please click HERE for more pictures and information.