Bungalow Flip On 2+ Acre Lot In A Desirable Community Of Fenwick (25 Minutes To St Catharines)!! Assigned

  • $890,000
  • 3 beds
  • 3 baths
  • 1534 sqft

This 2+ acre property exemplifies your rural retreat: vegetable gardens, an oversized, detached garage, open lawn space, enclosed sunroom, back deck, treed-in lot, and a 1,500+ square foot bungalow set back and elevated from the street in its own little haven!! The home itself is riddled with amenities, and features an open concept kitchen and a fully finished basement, complete with a wet bar, office, laundry, pantry, and pool room. It is located in Fenwick, a tranquil community in one of Niagara’s most prosperous towns, Pelham. This property has only changed hands twice (as per Seller) since it was built in 1971, and it has been impressively maintained. Value-add is easily attainable by updating finishes and perfecting the outdoor experience. Peace and quiet define this area and the property itself comes at a remarkable discount for a buyer to earn built-in equity or flip profitably!!

We are selling our assignable purchase contract.

Closing is July 26th, 2021
**As per our APS, the Seller may remain in the property until 12 pm, 1 calendar day after closing at no cost or penalty to Seller. The Seller must provide vacant and clean possession after leaving.**

PROPERTY FEATURES
Please note: Due to the Seller’s age, they may leave behind 2-3 larger furniture items on the property.
  • 3 bedrooms
    • Master bedroom features a walk-in closet and a 2-piece ensuite bathroom
    • Potential for additional 1-2 bedrooms in basement (in pool room and office, Buyer to verify)
  • 3 bathrooms
    • 2-piece master ensuite
    • 4-piece bathroom located on the main floor
    • 3-piece bathroom located in the basement
  • Built in 1971
  • Above grade: 1534 sq ft (as per MPAC)
    • Seller states that this sq ft does not include the sunroom addition because it was added a few years ago (Buyer to verify)
  • Finished basement: 1534 sq ft (as per MPAC)
    • 3-piece bathroom
    • Laundry room
    • Pantry
    • Wet bar
    • Gas fireplace
    • Office
    • Pool room
    • Digital projector
  • Separate entrances:
    • Front door opens to main entrance way
    • Door in the kitchen leads into the sunroom
    • Door in the sunroom leads out to the backyard deck
  • All appliances will be included, except for 1 microwave
    • This includes the natural gas BBQ
  • Additional items being left on the property will also include:
    • Radial arm saw
    • Table saw
    • Small drill press
    • Dust collector
    • Tiller
    • Lawn mower in garden shed
    • Built-ins and computer desk in basement office
  • Open concept kitchen has large eat-in area by fireplace
  • Part of the main floor was recently laid with pre-finished hardwood and vinyl flooring (as per Seller)
  • 200 AMP breaker panel
  • Heating & Cooling (as per Seller):
    • 2 gas fireplaces
    • Electric baseboard heaters
    • 3 remote-controlled ductless split systems (as per Seller)
      • Gas and hydro available (Buyer to verify)
    • Carrier central AC is owned, and is new (as per Seller)
  • HWT is rented, exact age is unknown (as per Seller)
  • Water softener is included
  • Central VAC is included
  • Vinyl windows are approximately 5-years-old (as per Seller)
  • Main roof was updated in 2011, but the roof over the detached garage is even newer (as per Seller)
  • Backyard:
    • Raised, wood deck with railing
    • Vegetable garden with sprinkler system (as per Seller)
    • Open lawn that would be perfect to add an in-ground pool and/or cabana, if desired (Buyer to verify)
  • Brick exterior
  • Poured concrete foundation
  • Drilled well (as per Seller)
  • Septic is approximately 4-5-years-old and is located at the front of the house, far removed from the well (as per Seller)
  • 2-car, attached garage with automatic doors, ample storage, and interior walk-up basement entrance (785 sq ft, as per MPAC)
  • 1-car, detached garage (726 sq ft, as per MPAC)
    • 1 main sliding door for car and a 1/2-car sliding door to store your lawn mower or snow plough
      • Detached garage has hydro, and a gas heating unit (Buyer to verify)
  • Parking for 2-4 cars on driveway
    • Interlock stone walkway and driveway lead up to the front door
  • Lot size: 142.50 ft x 646.26 ft (as per MPAC)
  • Site area: 2.11 A (as per MPAC)
  • Zoning: RV1 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$890,000
Address:
Balfour St & Memorial Dr
Fenwick, ON
Square Feet:
1534
Lot Size:
142.50 ft x 646.26 ft
Bedrooms:
3
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1971
Basement:
Finished

Call (647) 400-2093 for more details

Property Location