A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 87 Canboro Rd, Pelham Ontario L0S 1E0
Re-listed 12 days ago

87 Canboro Rd, Pelham, Ontario L0S 1E0

Detached
3
1
~1100-1500 sqft
$•••,•••
$674,850
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Detached
3
1
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$531/sqft

Est. Mortgage$2,898/mo

Tax Amount (2024)$3,849/yr

Days On Market12 days

Total Days On Market173 days


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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size12,881 SqFt(177.5 x 72.57)
Parking Spaces5
MLS ®NumberX12062732
Community NameNorth Fonthill
Data SourceTRREB
Listing byROYAL LEPAGE NRC REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Unfinished, Full

Main Floor

Living

5.15 x 3.46

Dining

3.45 x 3.06

Primary

3.75 x 3.65

2nd Br

3.75 x 2.98


Features

Lot size: 12,881 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 4

Total parking spaces 5


Property listed by ROYAL LEPAGE NRC REALTY, Brokerage
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Population and Demographics

Overview

Total population 5216
Average household income $155,623

Age (%)

65 and plus
32%
50 to 64
22%
0 to 19
19%
35 to 49
15%
20 to 34
12%

Household composition (%)

Single family
72%
Single person
27%
Multi person
1%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
French
2%
Italian
1%
Dutch
1%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget