Basics
- Date added: Added 1 month ago
- Category: Ottawa
- Bedrooms: 3
- Bathrooms: 1
Description
-
Description:
Price Point Property Available 25 mins from Cornwall, Ontario!
MAKE AN OFFER!
đMain St. & County Rd. 12
Newington, ONThis 2+1-bed, 1-bath detached home sites on a spacious lot just 25 minutes from Cornwall, offering an affordable entry point with solid upside potential. Vacant and ready for updates, itâs a great candidate for a quick turnaround or long-term hold.
Key improvements like a metal roof and updated electrical are already in place, allowing you to focus on cosmetic upgrades to increase value. The large lower level provides additional usable space and future potential, while municipal water adds convenience and reduces risk.
A sizable barn adds extra utility and appeal for storage, hobbies, or rental flexibility. With a quiet setting and a generous lot, this property offers strong potential for both end buyers and tenants.We are selling our assignable purchase contract.
Closing is TBD
**Buyer agrees to clean out the property**PROPERTY FEATURES
- Detached 1 3/4 storey single family home
- House is set off to one side on a double wide lot
- Built 1890Â (as per MPAC)
- 2+1 bedrooms:
- 2 good sized bedrooms upstairs with bright windows
- 1 room on the main floor that is being used as an office, but there is plenty of room on the main floor to use it as a bedroom, or part of the back room, as a third bedroom
- 1 4-piece bathroom, located on the second floor
- Basement: spray foamed, older basement with low ceiling height
- Flooring: vinyl, wood
- Windows 15+ years old (as per Seller)
- Furnace: Goodman brand, owned, 5 years old (as per Seller)
- HWT: owned, electric
- Roof: metal roof, 10 years old (as per Seller)
- 100 AMP breaker panel
- Septic was last pumped October 2025Â (as per Seller)
- Backyard with deck and shed
- Detached garage: 501 sq ft (as per MPAC)
- 2 car driveway
- Property taxes: approx $1,500
- Lot dimensions: 107.44 ft x 176.34Â (as per Geo)
WHATÂ are the details?MAKE US AN OFFER!
We believe this property is worth ~$280,000 as-is on the MLS.
Comparables:
10 Ash St: Sold in Mar 2026 for $275,500.Â
3 bed, 2 bath house, similar age, in similar condition, century home, with unfinished basement, located in Newington Ontario as well.
12 Ash St.:Â Sold in Dec 2025Â for $290,000.Â
Property is a century home with 4 bed, 2 bath, larger home than ours, but requires a lot more cosmetic updating and basement is unfinished.WHEN is it happening?Offer Deadline: First come, first served
Closing: TBDWHO do I contact?HOW do I finance this property?We receive many questions regarding financing a wholesale property. Most traditional lenders will not finance the assignment fee included in the purchase price. We understand that this means it could be difficult to find financing in some cases. Because of this we have teamed up with Calvert Home Mortgage to provide you with the ability to finance the entire purchase price, INCLUDING the assignment fee.
Receive 50 basis points OFF Blissâs mortgage broker fee if you work with Calvert direct (i.e. no external mortgage broker) for any Bliss wholesale deal. (Only eligible for âBlissâ wholesale deals where net new borrowers come direct to Calvert (i.e no external mortgage broker)). Forward this email to a Calvert Underwriter or Katarina #416-799-2553 (katarina.jarossy@chmic.ca) on your first email to Calvert to redeem. Canât be redeemed after initial conversation â some conditions apply. Financing is not guaranteed until due diligence is complete.
For more information and contact info regarding Calvert Mortgages, please click HERE.
HOW do I do it?We have a very easy process! If you are interested in the property, contact Jami to schedule a walkthrough or discuss making an offer.DO NOT visit the property without a scheduled appointment.DO NOT share or post any information about this property without permission
Realtors, add your commission amount and bring us a buyer!
Show all descriptionIf youâre not already on our buyerâs list and wish to join, SIGN UP HERE.