| Wallace Avenue, Port Colborne, Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: May 1st, 2023
*The seller has the right to extend closing to May 31st 2023 given they provide notice by April 14th 2023*
About the Property
Check out this 2 storey detached house consisting of 4 bedrooms and 2 bathrooms. The property requires a full renovation to bring it back to its glory. It is a smokers and hoarders house and smells of urine throughout. The ceiling in the main area is ripped up due to an old leak. The leak has been repaired but the drywall needs to be added. Although we were unable to go into the basement, we did get pictures and can confirm that there is a sump pump, and weeping tile throughout. This property is perfect for a beginner or experienced investor looking for a fix and flip or BRRR project.
About the Neighbourhood
The subject property is situated in the North part of Port Colborne. Port Colborne is situated in the South part of Ontario and close to other cities such as Niagara Falls, Fort Erie, and St Catharines to name a few. Port Colborne is about an hour away from Hamilton and about a 30 minute drive to the QEW. Port Colborne is close to many beaches making this area attractive for a short term rental or cottage getaway!
Property Details
- 2 Storey Detached
- 3+1 bedrooms
- 3 bedrooms in the upper floor
- 1 bedroom on the main floor
- 2 bathrooms
- 1 full bathroom
- 1 half bathroom
- 1275 squarefeet above grade
- 277 squarefeet below grade
- Full basement
- Sump pump
- 5ft3 ceiling heights
- Roof and Windows are 6 years old as per seller
- Smokers House
- Electric baseboard heating
- No A/C
- HWT is owned
- Breaker panel and copper wiring
- Property taxes are about $2946
- Built in 1917
- Lot size 50ft x 152ft
- Zoning is R2
Recommended Renovations
- Full cosmetic renovation
- Fresh coat of paint
- Seller has the option to leave junk behind so we would recommend budgeting for junk removal
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