Details

---

Description

1122 Sq. Ft. Project House for Sale – Excellent Investment Opportunity For sale is a 1122 sq. ft. project house with a proposed 3-bedroom, 2-bathroom layout. This property offers a strong cost-savings or profit opportunity for a contractor, investor, or buyer looking to complete a renovation with a construction mortgage. A substantial amount of demolition, structural preparation, exterior work, civil plumbing, and utility setup has already been completed. The home is fully gutted and ready for the next stage of construction. This is not a finished home. This is a project property with a large portion of the heavy, dirty, and expensive prep work has already been done. Property Overview 1122 sq. ft. house Proposed 3-bedroom, 2-bathroom layout Fully gutted interior Brand new roof system installed Exterior stripped and re-sheathed House wrap installed Plumbing civil work completed as per proposed floor plan New 125A electrical panel installed Natural gas service installed outside mechanical room Large lot with good access around the structure Excellent opportunity for a contractor, investor, or hands-on buyer Work Already Completed Exterior Work Significant exterior work has already been completed, including: New roofing system completed by AJ Roofing Roofing work included: New roof sheeting New shingles Static vent installation Plumbing vent installation as per drawings Exterior stripped down Exterior walls with moisture damage cut out and replaced New exterior sheathing installed Tyvek house wrap installed Newer septic exposed New ABS plumbing tied from house into septic New concrete riser still to be installed for easier future septic maintenance The current exterior condition is visible in the photos. The house is wrapped and ready for the next stage, including windows, doors, siding, and exterior finishing. Interior / Structural Work The interior has been fully opened up and gutted. The original structure was built over a mobile home, and approximately 47,000 lbs of waste has been removed. Completed interior and structural prep includes: Fully gutted interior House levelled prior to new roof system installation Concrete footings installed for floor system support Concrete centre supports poured and in place Required joist hangers installed Old electrical removed New 125A panel installed Temporary lighting and outlets installed Plumbing civil work completed as per proposed floor layout New ABS plumbing installed New water main included in civil work Natural gas service installed by PNG outside the mechanical room for easier future appliance installation The interior is currently open, which gives the next owner a clean opportunity to complete the floor system, framing adjustments, mechanical, electrical, insulation, drywall, and finish work to suit their own plan. Proposed Layout The proposed floor plan is for a practical 3-bedroom, 2-bathroom layout, including: Open living room area Kitchen/dining area Laundry area Mechanical area Primary bedroom Two additional bedrooms Two bathrooms (one is master ensuite) Entrance/mudroom Potential patio access with large sliding glass door location shown on plan The floor plan image is included to show the intended layout and overall direction of the project. Remaining Work The remaining work includes, but is not limited to: Exterior doors Windows Siding Exterior insulation, if desired Floor system completion Interior framing as required Full electrical completion Full plumbing completion HVAC/mechanical completion Insulation Drywall Flooring Kitchen Bathrooms Interior finishing Connection of new water main to the RDKS main at the street Concrete riser installation for septic maintenance access Ideal Buyer This property would be ideal for: A contractor looking for a profitable project An investor looking for equity upside A buyer with access to a construction mortgage Someone experienced with renovations or home building A hands-on buyer looking to save money by completing the work themselves I do not currently have the time to continue with this project and am looking to sell it as-is. Financial Opportunity Asking price: $300,000 Estimated cost to complete: Approximately $50,000-$60,000 if doing the work yourself. Estimated finished market value: Approximately $475,000 Estimated potential equity: Approximately $125,000 These numbers are estimates only and buyers should complete their own due diligence, inspections, contractor pricing, financing review, and valuation assessment. Summary This is a rare opportunity to take over a project where much of the difficult groundwork has already been started. The roof, exterior sheathing, house wrap, demolition, plumbing civil work, electrical panel, concrete supports, and utility planning have all been advanced. The property still requires a full interior build-out and exterior finishi