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Renanza Realty
For sale

4068 PETROLIA LINE

Petrolia, Ontario

MLS® X14122908

$275,000

Status
Active
Property type
Multi-family
MLS® number
X14122908
Bedrooms
3
Bathrooms
2
Year built
—

Listing description

Attention first-time buyers, contractors, investors, and property flippers! Welcome to 4068 Petrolia Line, a spacious 3000 square foot two-storey duplex situated on a beautiful corner lot with endless possibilities. The sellers have completed substantial work over the past few years, including all-new windows ($53,000), two furnaces, new drywall, a hot water heater on demand, and a kitchen renovation awaiting completion.

The sale will also include numerous additional materials and items purchased for the home. With solid bones and much of the groundwork already underway, this property is ready for someone to finish the renovations and unlock its full potential. The upper level features three generously sized bedrooms, a 3-piece bathroom, and the potential to create two additional bedrooms.

On the main floor, you enter through a mudroom/laundry area leading to the kitchen and open dining space. One side of the kitchen offers a bathroom under construction and an additional room that could be converted into a primary bedroom or potentially transformed into a granny suite. The opposite side opens to the dining and living rooms, featuring a gas fireplace and front entrance access.

The basement offers two separate areas that connect, each with its own gas furnace. An owned on-demand water heater adds further value. Opportunities like this don't come along every day!

Look beyond the renovations still to be completed and envision the possibilities this unique property has to offer. Whether you're looking for an investment, a renovation project, or a property to make your own, 4068 Petrolia Line is a must-see!

Property summary

MLS® number
X14122908
Property type
Multi-family
Building type
Duplex
Land size
71.3 x 156 FT
Annual property taxes
$3,415.00
Parking
4 spaces · No Garage
Days on market
4 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Unfinished, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Hot Water Instant, Water Heater - Tankless, Water Heater
Exterior features
Steel
Lot features
Sump Pump

What would this home cost you?

Based on the $275,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,280 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of LPT REALTY, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.