Country Style Bungalow on a Quiet, Dead-End Street in Eden Mills (15 Min East Of Guelph)!! Assigned

  • $660,000
  • 2 beds
  • 1 baths
  • 843 sqft
Assigned
This rustic, homey bungalow is located on a tranquil, dead-end street in the scenic community of Eden Mills — which is less than 15 minutes from the now million-dollar market of Guelph!! This town is considered a “safe haven for big-city escapees” (Macleans), as it is surrounded by creeks and walking trails. While small, this house is loaded with charm and tons of potential!! The kitchen boasts a flagstone wood stove, sturdy hardwood floors, exposed beams, and vaulted ceilings. Outside features 2 sheds, both newer, one with hydro that is meant to become a man cave, and one will be sided before closing. Prices don’t come in this low around Eden Mills, where nearby properties typically sell well above $1,000,000!! Plus, a recent 2 bedroom sold days ago for over $900,000. Good timing for an Investor who wants to apply a face lift and turn this 2 bedroom charmer over to the MLS after some nifty TLC!!

We are selling our assignable purchase contract.

Closing is June 6th, 2022
**As per our APS, the Seller agrees to replace the old deck with a new pressure-treated deck in backyard and side tool shed with new Canexel siding at Seller’s own expense prior to closing. This covenant shall not merge on closing and shall continue in full force and effect after closing until it is fulfilled by the Seller.**

PROPERTY FEATURES
  • 2 bedrooms
  • 1 full bathroom
    • 4-piece bathroom features a shower stall and a cast-iron, claw foot tub — vintage!
  • Built in 1931
  • Above grade: 843 sq ft (as per MPAC)
  • Unfinished, partial basement is located under the kitchen and is only accessed through a hatch door in the kitchen floor (see HERE)
    • The basement is all stone and dirt, and holds only the well pressure tank
    • Crawl space in the basement
  • Separate entrances:
    • Front door opens to main entrance way
    • Door in the kitchen leads out to the back deck
  • All appliances will be included
    • A built-in convection oven is currently being installed, and an oak table will be added as a centrepiece (as per Seller)
  • Stackable washer and dryer are located on the main floor
  • Main living room features hardwood floors and a built-in bookcase
  • High speed internet is available via fibre optic cables (as per Seller)
  • We suspect that the 2010 addition is the hot water tank room (Buyer to verify)
  • 100 AMP breaker panel
  • Property is heated with electric baseboards, as well as a wood stove that is located in the kitchen
    • Baseboard heater located at the front entrance will need to be replaced (as per Seller)
  • HWT and propane tank are both rentals (as per Seller)
  • Water softener will be included (hard water levels are estimated at 21-30 gpg, as per Seller)
  • Window AC units can be found throughout the property
  • Windows are all vinyl (as per Seller)
  • Metal roof is 7-years-old (as per Seller)
  • Backyard features:
    • A rear fence that was recently installed with pressure-treated wood(as per Seller)
    • 2 sheds
      • One tool shed
      • One shed which is intended to be a “man cave”
        • “Man cave” is unfinished, however is insulated with hydro. Pony panel is in the main house next to the hot water tank (as per Seller)
      • The Seller will be professionally adding a new backyard deck prior to closing
  • Weeping tiles were added in 2012, based on MPAC permit information (Buyer to verify)
  • Exterior is board and batten siding that is in good condition
  • Drilled well is 90 ft (as per Seller)
  • Septic tank is 7-years-old (as per Seller)
    • We have requested the plans and drawings of the septic system from the Seller, but they are still searching for them (Buyer to verify)
  • Private gravel driveway fits 4-5 vehicles
  • Lot size: 68 ft x 100 ft (as per MPAC)
  • Site area: 0.15 A (as per MPAC)
  • Zoning: N/A (as per MPAC)
  • Vacant possession

PROPERTY NEEDS

  • Cosmetic updating
  • New baseboard heater at main entrance

Please click HERE for more pictures and information.

Price:
$660,000
Address:
Wilson St & Memorial St
Eden Mills, ON
Square Feet:
843
Lot Size:
68 ft x 100 ft
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1931
Basement:
Unfinished

Call 647-370-0820 for more details

Property Location