Bungalow Flip on a ~1.5 Acre Lot Overlooking the Grand River in Brant County!! (7 Mins To Downtown Brantford) Assigned

  • $649,999
  • 3 beds
  • 1 baths
  • 1491 sqft

This all-brick, detached bungalow is a sight to behold: nearly 3,000 livable sq ft with a ranch-style floor plan on a 100 ft wide lot backing onto a sweeping view of the Grand River. This awe-inspiring view is the cherry on top for this value-add flip, where the Investor can update the interior and re-list the property at a premium due to the incredible location. There is little for sale in this stretch of Brant County and, while rural, this ~1.5 acre property is less than a 10-minute drive to downtown Brantford! With easy downtown and highway access, a buyer cannot go wrong at this price!!

We are selling our assignable purchase contract.

Closing is March 24th, 2021

PROPERTY FEATURES
  • On ~1.5 acres with stunning views of the Grand River, this type of property and lot is exactly what the market is looking for with people wanting to have a large, private lot, while being close to the city!
  • 3 bedrooms (space to add another bedroom in the basement)
  • 1 bathroom (space to add a second bathroom in the basement) 
  • Built in 1965
  • Above grade: 1491 sq ft
  • Basement: 1491 sq ft (partially finished)
    • There is a large rec room with space to add a 3rd bedroom
    • 2 electric sump pumps in basement
  • Gas fireplace in basement
  • Main level is hardwood floors and ceramic tile (both are in good condition)
  • Spacious kitchen with a pass-through, lots of cabinetry, and an eat-in area/nook
  • Laundry room off kitchen
  • Back sunroom addition is insulated (as per old listing)
    • Addition has a wood-burning fireplace and is encased with multiple vinyl windows looking out at the backyard
  • Garage entrance leads to kitchen and basement
  • Backyard includes an above ground pool
    • As per the APS, the Seller will leave behind the trampoline, John Deere riding lawnmower, and retaining wall stones for the Buyer
  • 3 sheds in backyard
    • Yellow shed (see HERE)
    • Brown shed is being used as a workshop and has a loft space (see HERE)
    • Red shed was previously a chicken coop (see HERE)
  • All-brick exterior with a stone facade
  • Roof is approximately 10-years-old (updated by previous owners, as per Seller)
  • Windows are approximately 10-years-old (updated by previous owners, as per Seller)
  • Concrete block foundation
  • 100 AMP breaker panel
  • Gas furnace is at least 15-years-old (as per Seller)
  • HWT is 1-year-old and owned (as per Seller)
  • Central AC is approximately 10-years-old (updated by previous owners, as per Seller)
  • Water softener is in working condition (date unknown, as per Seller)
  • Dug well (90 ft deep, as per Seller)
  • MPAC lists sanitary as Municipal, but Seller says it is septic (we believe it is septic)
  • 2-car, attached garage with automatic door and in-door and backyard access
  • Private driveway fits at least 8 vehicles
  • Lot size (irregular): 100 ft x 680.50 ft (at its deepest)
  • Lot area: 1.624 acres (Geowarehouse), 1.47 acres (MPAC)
    • This lot leads down to the ravine which the Seller says his family has used in the past for water activities
  • Zoning: H, HR
    • We believe this zoning is SR (suburban residential) — see HERE 
    • This zoning allows for an additional residential unit (see HERE & HERE). This means that there can be an additional unit within the house, or, a detached additional unit, like a coachhouse.
    • We believe that the yellow shed (see HERE), may be an option for this additional residential unit. If not, the Investor could build a new building as an additional residential unit, or use part of the house.
  • Backyard will be decluttered upon closing

PROPERTY NEEDS

  • Cosmetic updating
Price:
$649,999
Address:
Blossom Ave & Colborne St E
Brantford, ON
Square Feet:
1491
Lot Size:
~1.5 acres
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1965
Basement:
Partially Finished

Call (647) 400-2093 for more details

Property Location