PETERBOROUGH: DETACHED 2 STOREY FIX & FLIP OPPORTUNITY!🔥 Available

  • $269999
  • 3 beds
  • 1 baths
  • 1358 sqft

QUICK CLOSING!

DETACHED 2 STOREY IN PETERBOROUGH!

FIX & FLIP OPPORTUNITY

$220K SPREAD TO ARV!

George St S, Peterborough
Pictures and More

George St S, Peterborough
Closing Date: July 31st, 2026

*QUICK CLOSING!!!*

** Realtors bring us a client and add your commission on top of the purchase price**

Strategies For Success

  •  FIX & FLIP : Complete a full interior renovation to bring this property back to life! Top of the line finishes are not needed for this renovation; keep the finishes cheap and clean. Consider repairing the existing garage to stand out against other comparable properties.

Details

  • 2 Storey Detached
  • 3 Bedrooms
  • 1 Bathroom
  • 1358 sqft above ground & 609 sqft below grade
  • Unfinished basement, no separate entrance
    • Ceiling height 6ft throughout – measured with radar
    • There was a small water leak that came from the eavestroughs. No visible mould. Dehumidifier is running.
  • Small leak from bathroom shower faucet leaking into the kitchen ceiling. Plumber assessed and determined fixture needs to be replaced.
  • Back extension sunroom should be torn down.
  • Built in 1910
  • Detached 1 car garage in rough shape.

Mechanical & Systems

  • Electrical: Breaker Panel. One bedroom still has knob and tube wiring active, the rest is copper as per seller.
  • Furnace: Owned, replaced in 2004, works fine.
  • A/C: Window unit.
  • HWT: Rented, installed in 2009.
  • Appliances included: Fridge, Stove, Washer, Dryer in as is condition

Roof & Exterior

  • Roof: Reshingled in 2011
  • Windows: Storm windows
  • Foundation: A bit of moisture in the basement. Seller is unsure where it is coming from.

Lot & Location

  • 30 ft  x 100 ft
  • Property taxes are approximately $3715
  • R.1,R.2 Zoning

Important Notes

  • Seller has the option to leave junk behind—budget recommended for junk removal
 
Pictures and More
The Numbers

We are selling our assignable purchase contract for this excellent Fix & Flip opportunity.

  • Wholesale Price: $269,999 or Best Offer
  • We believe this property will be worth at least $490,000 on the MLS once the recommended renovations are completed.

Comparable Analysis
232 Prince St sold for $490,000 only 1 day ago! This comparable 2-storey home has 3 bedrooms and 1 bathroom, similar to the subject property. The subject property has an existing 1-car detached garage that needs some extra TLC, however this property does not have a garage. Additionally, this comparable is located on a corner lot which is similar in size to the subject property. This comparable has been moderately updated throughout, showcasing how top of the line finishes are not required to hit the ARV. Both the subject property and comparable have unfinished basements with no separate entrances. After completing the recommended renovations, we believe the subject property should sell for $490,000 on the MLS!
43 Ware St sold for $539,250 in April 2026! This comparable is a 1.5 storey home with 3 bedrooms, 1.5 bathrooms and a 2 car detached garage. In comparison, the subject property is slightly smaller then the comparable and sits on a slightly smaller lot. This comparable has been partially renovated throughout, however there are some original finishes. Both the subject property and comparable have unfinished basements with no separate entrances. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property should sell for $490,000 on the MLS!
Price:
$269999
Address:
Peterborough
Square Feet:
1358
Lot Size:
30x100
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1910
Basement:
Unfinished

Call 647-930-0291 for more details