Attention first-time buyers, contractors, investors, and property flippers! Welcome to 4068 Petrolia Line, a spacious 3000 square foot two-storey duplex situated on a beautiful corner lot with endless possibilities. The sellers have completed substantial work over the past few years, including all-new windows ($53,000), two furnaces, new drywall, a hot water heater on demand, and a kitchen renovation awaiting completion. The sale will also include numerous additional materials and items purchased for the home. With solid bones and much of the groundwork already underway, this property is ready for someone to finish the renovations and unlock its full potential. The upper level features three generously sized bedrooms, a 3-piece bathroom, and the potential to create two additional bedrooms. On the main floor, you enter through a mudroom/laundry area leading to the kitchen and open dining space. One side of the kitchen offers a bathroom under construction and an additional room that could be converted into a primary bedroom or potentially transformed into a granny suite. The opposite side opens to the dining and living rooms, featuring a gas fireplace and front entrance access. The basement offers two separate areas that connect, each with its own gas furnace. An owned on-demand water heater adds further value. Opportunities like this don't come along every day! Look beyond the renovations still to be completed and envision the possibilities this unique property has to offer. Whether you're looking for an investment, a renovation project, or a property to make your own, 4068 Petrolia Line is a must-see!
3 bedrooms, 2 bathrooms, about 3,000 sq ft, works out to roughly $92 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 4068 Petrolia Line
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
4 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
4068 Petrolia Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14122908$275,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4068 Petrolia Line Compares to the Petrolia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,351
/mo
based on the purchase price of $275,000
$55,000 cash
$220,000 financed
$185,298 total interest
Principal54%$220,000
Interest46%$185,298
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 4068 Petrolia Line
Homes for sale in Petrolia
Every active Petrolia MLS® listing, updated all day.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings4Homes for sale here right now.
Based on 8 sales from Jul 30 – Oct 28, 2026. Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4068 Petrolia Line
How much is 4068 Petrolia Line listed for?
4068 Petrolia Line is listed at $275,000 (MLS® X14122908). Summitly updates the price as soon as the MLS® record changes.
Is $275,000 a good price for 4068 Petrolia Line?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Petrolia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 4068 Petrolia Line changed?
No — 4068 Petrolia Line is still listed at its original asking price of $275,000.
How many bedrooms and bathrooms does 4068 Petrolia Line have?
4068 Petrolia Line has 3 bedrooms and 2 bathrooms, with about 3,000–3,500 square feet of living space. It is a duplex in Petrolia.
How much would the monthly mortgage be on 4068 Petrolia Line?
About $1,351 a month — principal and interest on $275,000 with 20% down ($55,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 4068 Petrolia Line compare with other homes in Petrolia?
Its asking price of $275,000 is about 54% below the median sold price in Petrolia over the last 90 days, $597,250, across 8 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 4068 Petrolia Line been sold before?
Summitly has no earlier MLS® sale or lease of 4068 Petrolia Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4068 Petrolia Line?
4068 Petrolia Line is in Petrolia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4068 Petrolia Line been on the market?
1 day — 4068 Petrolia Line was listed on October 27, 2026.
What is the price per square foot of 4068 Petrolia Line?
About $79 to $92 per square foot: the asking price of $275,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 4068 Petrolia Line have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 4068 Petrolia Line have a basement, and is it finished?
The listing describes the basement as: Unfinished.
