2-Storey Century Style Flip in Listowel (50 Min Northwest of Waterloo)!! Assigned

  • $349,999
  • 3 beds
  • 1 baths
  • 1616 sqft
Assigned
That’s right, you read that correctly: only $349,999 for a 3 bedroom, detached home on an adjacent street just minutes away from downtown Listowel! Listowel is a charming community offering your classic brick-and-mortar shops, popular restaurants, and proximity to Hwy 23 which will take you down toward Stratford and Hwy 86 toward Kitchener!! You’ll even catch the odd Mennonite buggy prancing along these connecting roads. As a bonus to Investors, Listowel is known for low tax rates, water bills, and development charges (as per The Toronto Sun). The house itself has tons of charm: a new back deck, deep lot, spacious kitchen, central heating & cooling (no boilers or baseboards), full mudroom with main floor laundry, and a front sunroom addition. There is little inventory in this small town, and any 100+ year old detached still trades at a base rate of $400,000!! You won’t want to miss this opportunity!!

We are selling our assignable purchase contract.

Closing is May 11th, 2022
**As per our APS, the Seller reserves the right to advance the closing date by 90 calendar days, provided that they give the Buyer 21 days notice in writing.**

PROPERTY FEATURES
  • 2-storeys
  • 3 bedrooms
    • Both the master bedroom and one of the secondary bedrooms include walk-in closets, that also function as “cheater” doors into the other bedroom
    • The third bedroom upstairs is located above the mudroom addition, which varies from a 5’7” to 6’9” in ceiling height since it’s a sloped roof. It also contains 2 small closets (Buyer to verify)
  • 1 full bathroom
    • 4-piece bathroom is located on the second floor
  • Built in 1880
  • Above grade: 1616 sq ft (as per MPAC)
    • First floor: 808 sq ft (as per MPAC)
      • We suspect that this measurement does not include the front sunroom, which does not have a second storey above it (Buyer to verify)
    • Second floor: 808 sq ft (as per MPAC)
  • Unfinished full basement: 666 sq ft (as per MPAC)
  • Attic is unfinished, and ranges from 4’4” to 5’11” in ceiling height due to the steeply pitched roof (Buyer to verify)
    • The attic suffered fire damage a long time ago, but many of the burnt trusses were replaced and the roof was restored (see HERE & HERE) — (Buyer to verify)
  • All appliances will be included
  • 100 AMP breaker panel is ESA certified (as per Seller)
    • Most of the electrical outlets are “open ground”. There is a possibility of knob & tube in the interior walls, however the knob & tube in the basement is disconnected (Buyer to verify)
  • Laundry area is located in the main floor mudroom
  • Gas furnace is owned, and is from either 2005 or 2006 (as per Seller)
  • HWT is owned, and is from 2021 (as per Seller)
  • Water softener is owned, and is from 2018 (as per Seller)
  • Central AC
  • 4 windows in the property were replaced 5-years-ago (as per Seller)
    • Most windows are vinyl, except for a few wood windows that our Acquisition Rep observed in the master bedroom. Some windows are also taped and covered (Buyer to verify)
  • Roof is steel (as per Seller)
  • Exterior is aluminium siding
  • Property features:
    • Garden shed located in the backyard
    • New deck off of the side entrance, which wraps around to the backyard (built about 2 or 3-years-ago, as per Seller)
  • Private driveway can accommodate 2-3 cars
  • Lot size: 45 ft x 132 ft (as per MPAC)
  • Zoning: R4 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating
  • Some dry rot was spotted in the basement
  • Possibly some electrical rewiring (Buyer to verify)

 

Please click HERE for more pictures and information.

Price:
$349,999
Address:
Main St E & Wellington Ave S
Listowel, ON
Square Feet:
1616
Lot Size:
45 ft x 132 ft
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1880
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location