This detached 2-storey is an excellent investment opportunity in Hespeler, a sought after community of North Cambridge along the Speed River. This property is a 5 minute drive to Hwy 401, surrounded by Mill Run Trailer, Mill Run Pond, and more scenic attractions. Surrounded by schools, churches, parks, Tim Hortons, and numerous family-oriented facilities, this property is a perfect single-family flip. Picture your end buyer with this terrific 2-storey flip that boasts an impressive lot, a 2-car garage, and over 1,700 sq ft above-grade. At $400,000 this is a property is a deal you can’t miss out on!!
We are selling our assignable purchase contract.
Closing is February 17th, 2021
**As per our APS, the Seller has the option to shorten or extend closing up to 30 calendar days provided the Buyer is given 21 days notice.**
Please click HERE for more information and pictures.
Additional Features
PROPERTY FEATURES
3 bedrooms (1 bedroom upstairs is partially finished)
1 bathroom (potential to add a 2nd as an ensuite upstairs)
House built in 1890 (1.75-storey per MPAC)
Above grade: 1741 sq ft
First floor: 1174 sq ft
Second: 567 sq ft
Unfinished basement: 959 sq ft
We don't believe this basement could be a secondary suite
Main floor addition built off of the kitchen (included in MPAC sq ft)
Front entrance leads to living room
Side entrance to kitchen
All appliances included (most are in working condition)
Walk-up entrance to basement (needs renovation)
Mix of stone and concrete block foundation
100 AMP breaker panel
Electrical may need work, but there are no visible signs of knob and tube
Gas furnace and central AC (older but in working condition)
HWT is rented
Vinyl and aluminum windows
Roof (15-years-old, as per Seller)
Vinyl and aluminum exterior siding
Backyard has a partially new fence and retaining wall
2-car, detached garage
2, private side-by-side parking spaces
Lot size: 65.69 ft x 145.80 ft
Zoning: R4
PROPERTY NEEDS
Full cosmetic renovation
We recommend a new furnace and AC
