2 Separate Properties For 99K Each! Available
- $199,999
- Price:
- $199,999
- Address:
- Plevna, Ontario
- Terms:
- Assignment of Contract
- Property Type:
- Other
Additional Features
Plevna - Package Deal 💰 CLOSEST MAJOR INTERSECTION: Buckshot Lake Rd & Road 506, Plevna CLOSING DATE: August 28th, 2026 CONTACT: Brett | 📱 226-916-1250 (text before calling) | ✉️ brett@janiagroup.com DESCRIPTION 🔥 Off-Market Opportunity in Plevna! Finish up both properties and even subdivide the house lot to create a 3rd lot (buyer to verify) Property Details (Log House): 1+1 Bed 1 Bath Occupancy: Vacant on closing Electrical: 100 amp panel + Generac On Well & Septic Furnace: Proprane furnace Roof: Metal, 7 years old Basement: Full with bedroom Property Age: 1983 Lot size: ~1.3 acres (as per GEO) Square footage: 720 sq ft (as per seller) Property Details (Former Church): Occupancy: Vacant on closing Electrical: 100 amp panel + Generac Roof: Age unknown Basement: No basement Well/Septic: *No water, well, or septic Heating: Electric commercial style heater Property Age: Unknown Lot size: 0.24 acres as per Geo Square footage: 1356 sq ft (as per seller) *Both properties must be purchased together Recommended Renovations: Church conversion to residential - with the large square footage, potential for 3-4 bedrooms Cosmetic renovations in log house 💰 PURCHASE PRICE: $199,999 💰 ARV: $540,000+ as two renovated properties COMPARABLE SALES 5853 Hwy 506 sold for $177,500 as a 2 bed 1 bath, just like the house. It was sold as a handyman special and demonstrates the as is value of the log house alone. 4865 Road 506 sold for $260,000 as a 2 bed 1 bath. It has been slightly updated but could still benefit from cosmetic upgrades throughout. While it does have a garage, the subject log house has a basement compared to this comparable's crawl space. AS PER APS ✔️ The Buyer agrees to purchase the property in AS-IS condition ✔️ The Seller can leave belongings behind at no extra cost We are selling our assignable purchase contract. 📲 Text Brett at 226-916-1250 before someone else locks this one up.