2-Storey Fixer-Upper Located in St. Thomas (25 Min South Of London)!! Available

  • $290,000
  • 4 beds
  • 2 baths
  • 1503 sqft
This fixer-upper special needs a lot of love and attention, but is chock-full of potential!! It’s currently a 3 bedroom, fully detached house, with a bathroom on each floor, and over 1,500 sq ft of above grade space. The back addition contains the kitchen, which is a good size and could easily accommodate a breakfast nook/eat-in area in the corner. There’s also minimal yard for a landlord to maintain, but parking for at least 2 cars on the driveway. Roof is brand new, furnace and AC are 2013, and all of them will be owned by closing (except for the HWT). This is in a central neighbourhood of St. Thomas, close to downtown on Talbot St, near the LCBO, banks, restaurants, and groceries. Under $300,000 for a 3 bedroom SFD in Ontario when inventory is scarce and Buyer demand is fierce. Don’t miss out on this golden opportunity!!

We are selling our assignable purchase contract.

Closing is January 14th, 2022
**As per our APS, the furnace, HEPA filter, and AC will be paid out by the Seller on closing.**
PROPERTY FEATURES
Please note: This property is currently occupied by boarders, however vacant possession will be given upon closing. Please ensure that you have reviewed the detailed pictures and video thoroughly. Upon an accepted firm offer, the Buyer will be allowed only 2 visits to the property before closing. 
  • 1.75-storeys (as per MPAC)
    • Upstairs covers the whole floor area of the main floor, except for the additions (kitchen and mudroom)
  • 4 bedrooms
    • The wall between 2 of the secondary bedrooms on the second floor has been opened up, and has created a pass-through between the two rooms. The wall could easily be made whole again, or completely opened up to create one large room (Buyer to verify)
    • Only 1/4 bedrooms has a closet
  • 2 bathrooms
    • 4-piece bathroom located on the second floor
    • 2-piece bathroom located on the main floor
  • Built in 1890 (renovated in 1980, as per MPAC)
  • Above grade: 1503 sq ft (as per MPAC)
    • First floor: 998 sq ft (as per MPAC)
    • Second floor: 505 sq ft (as per MPAC)
  • Partial basement: 113 sq ft (as per MPAC)
  • 2 additions have been added to this property:
    • Side door mudroom
    • Kitchen rear addition
  • Fridge and stove will be included, however the washer & dryer as well as all other appliances will be left at the Seller’s discretion
  • Flooring is slanted throughout the house (Buyer to verify)
  • 100 AMP fuse panel (upgraded from 60 AMP several years ago, as per Seller)
    • Property contains active knob & tube wiring (Buyer to verify)
  • Interior walls consist mostly of particle board, wood panelling, and plaster-lathe
  • Seller claims the house doesn’t have UFFI insulation, to the best of their knowledge
  • Gas furnace, HEPA filter, and the central AC are all rented, but the liens will be discharged by the Seller on closing (as per Seller)
  • HWT is rented (Buyer to assume rental)
  • Plumbing is copper supply lines, and a mix of cast iron & ABS stacks (as per Seller)
  • Almost all windows are wood windows, and will need to be replaced (as per Seller)
  • Roof is only a few-weeks-old, and features new shingles and sheathing (as per Seller)
  • On municipal services
  • Exterior is aluminium siding
  • Parking for 2 cars, single-wide, on a private driveway
  • Lot size: 46.73 ft x 0 ft (as per MPAC)
    • Lot dimensions are listed as being 33.08 ft x 50.37 ft (as per GEO) — Buyer to verify
  • Zoning: Unlisted (as per MPAC)

PROPERTY NEEDS

  • Full cosmetic renovation
  • This house is built in 1890, and the Buyer should expect some latent defects that aren’t easily discoverable and plan for some renovations beyond basic cosmetic work

Please click HERE for more pictures and information.
Price:
$290,000
Address:
Wellington St & Ross St
St. Thomas, ON
Square Feet:
1503
Lot Size:
46.73 ft x 0 ft
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1890
Basement:
Partial

Call (647) 400-2093 for more details

Property Location