Severance Potential!!! Undervalued Bancroft Home on Extra Wide Lot: 136 Chemaushgon Rd, Bancroft For Sale

Severance Potential!!! Undervalued Bancroft Home on Extra Wide Lot: 136 Chemaushgon Rd, Bancroft 


✅ Wholesale Price: $255K (Or Best Offer)
✅ Estimated As-Is Value: ~$315K+
✅ Estimated After Repair Value: ~$420K+

✨Offer Deadline: Oct. 1, 2022
✨Closing: Oct. 26, 2022

Why This Property?

  • Severance Potential: Triple wide lot (250ft) allows plenty of space to sever and/or create a secondary dwelling. City has confirmed it is a possibility (per Seller, Buyer to perform their own due diligence).
  • Flip for profits! Bancroft is the fastest-growing Ontario town in property values by MoneySense and Zoocasa
  • Quick close + vacant possession = minimal holding costs

✨Comparables:
🏷311 Chemaushgon Rd – $420,000 (Sold September, 2022
🏷2 Easton Ave – $370,000 (Sold September, 2022)
🏷75 Chemaushgon Rd – $350,000 (Sold August, 2022)

✨For full financial information, videos, and photos check out the link below:
https://mailchi.mp/ontariopropertydeals/136-chemaushgon-rd-bancro

Address:
Bancroft
Terms:
For Sale
Property Type:
Home

Call 647-955-0843 for more details