Raised Bungalow Flip or SDU Opportunity On 2 Acres Near Kemptville!! Assigned

  • $395,000
  • 3 beds
  • 2 baths
  • 1,100-1,499 sqft

This property is located 10 minutes outside of Kemptville and is ideal for a quick flip or a strong revenue generating property! Requiring only cosmetic updates, this 3 bedroom, 2 bathroom property features new upstairs flooring, recently replaced doors, and sits on 2 acres of land. Given the side entrance leading directly to the basement, this raised bungalow could also be turned into an SDU. Don’t miss out!!

We are selling our assignable purchase contract.

Closing is April 29th, 2021.
**As per our APS, the Seller has agreed to give the current tenant an N11. The Buyer must assume the tenants at closing until the N11 can be enforced. Please see property features for more information**

 

Please click HERE for more pictures and information.

Price:
$395,000
Address:
Stone Rd & County Rd 18
Oxford Mills, ON
Square Feet:
1,100-1,499
Lot Size:
2 acres
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1977
Basement:
Finished

Additional Features

3 bedrooms 2 full bathrooms Built in 1977 Above grade: 1,100-1,499 sq ft (as per MPAC) Finished basement: 1,100-1,499 sq ft (as per MPAC) Separate side entrance leading to the basement Flooring is hardwood, tile and carpet 200 AMP breaker panel HWT is owned (age is unknown, as per seller) HE - propane furnace is newer (as per Seller) Propane tank is rented Wood burning stove in the livingroom No central AC On well and septic The pump of the well was replaced in the last 3 years (as per Seller) Septic tank was pumped within the last 6 years (as per Seller) Roof is in good shape (age is unknown, as per Seller) Windows are newer (as per Seller) Two decks off the front and back of the house Detached, 1-car garage 10+ parking spaces on the paved driveway Lot size: 200 ft x 435 ft (as per MPAC) Zoning: RU This zoning allows for an SDU (see HERE and HERE) The Seller has agreed to provide the tenant with an N11 form. The Buyer agrees to assume the tenant until the N11 can be enforced. The tenant currently pays $1,400.00/month + utilities. PROPERTY NEEDS Interior and exterior cosmetic updates There was previously a leak in the basement due to a sump pump failure. The sump pump has since been replaced, however the floor still needs replacing

Call (647) 400-2093 for more details

Property Location