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
🏷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: