SOLD - 4 Building Lots / 3 Building Lots with a Flip House - Keller Williams Realty Centres, Brokerage

SOLD - 4 Building Lots / 3 Building Lots with a Flip House


ID: #1350
Price: $ 545,000
Bathrooms: 1
Bedrooms: 3
Area: 1500 Sq.Ft.
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Property was approved for subdividing on Dec 8, 2016.

1 of the 4 new lots has the original house on the property (the 2nd lot in, the property that shares a boarder with the corner lot)
2 lots @ – 60’ x 125’
1 corner lot @ – 67.8’ x 108’
House lot – 60’ x 125’ with a dog leg to 108’

The house does need renovations and could be fixed and flipped for a sale price of 295k approx, or it could be demolished and a new property built there as well.
Newly built houses in that neighbourhood and just around the corner on dominion are selling 500-650k+ 1,500 sq ft houses with a 2 car garage in this neighbourhood would sell in the 500-550k range depending on the finishings. (build a bigger house … obviously going to attain a hirer selling price point)

We would sell the whole package of the 4 lots and the house for $545,000, closing end of Jan. (broken out to roughly 105k x 2 for inside vacant lots, 120k for corner lot, 215k for house lot)

2974 Bethune Ave, Fort Erie

Please contact me if you require any further info.


Adam Ratcliff