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$674,850
Est. payment /mo
3 Beds
1 Bath
New
87 Canboro RD Pelham, ON L0S 1E0
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 662 - Fonthill
MLS Listing ID X12062732
Style Bungalow
Bedrooms 3
Annual Tax Amount $3,849
Tax Year 2024
Property Sub-Type Detached
Property Description
I advise all buyers to prioritize location and lot size when selecting a property. This particular home offers both, presenting an excellent investment opportunity. Lots measuring 70 x 165 have become increasingly rare in the city, particularly in Fonthill. The expansive backyard provides numerous possibilities, and the bungalow style is highly desirable, especially in this location. The listing agent, a reputable home builder in Niagara, has prepared a comprehensive estimate for a complete renovation of the main floor and has sample homes available to illustrate the potential improvements. Transforming this 1,200 sq. ft. residence from a three-bedroom to a two-bedroom layout would facilitate the creation of a spacious primary bedroom with an ensuite bathroom and walk-in closet. The renovation plans include installing new hardwood flooring throughout the main level and expanding the kitchen by removing certain walls and adding new cabinets with all quartz countertops and an island. Additionally, there are quotes for new windows and a garage door to further enhance curb appeal. The property is competitively priced 'as is,' but given its lot size and prime location, it represents a compelling opportunity for future value appreciation. Such large lots with bungalow configurations rarely become available, making this an ideal candidate for personalization through renovations. Alternatively, buyers may consider acquiring the property as is and planning any updates at their convenience. The house is in excellent condition and does not require immediate renovations; however, the potential for increased value is significant. The unfinished basement is ready for development, providing cost savings compared to other dated homes.
Location
Province ON
County Niagara
Community 662 - Fonthill
Area Niagara
Rooms
Family Room No
Basement Unfinished, Full
Kitchen 1
Interior
Interior Features Water Meter
Cooling Central Air
Fireplaces Type Wood
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private, Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 72.57
Lot Depth 177.5
Total Parking Spaces 5
Building
Foundation Poured Concrete
Listed by ROYAL LEPAGE NRC REALTY