!!EXTREME MAKEOVER, WHOLESALE EDITION!! 2-Storey Victorian Style Fixer-Upper In Markdale (30 Min South of Owen Sound)!! Available

  • $419,999
  • 4 beds
  • 2 baths
  • 2297 sqft
Searching for a fixer-upper that surpasses your expectations of “lipstick on a pig”? You found it!! This property is a nearly 2,300 sq ft Victorian home that shows its original character and potential in equal measure. Situated on a deep lot, this house is a standout build on the street, but needs a lot of love to restore its former glory. Inside is a sprawling layout featuring 4 bedrooms, 2 full bathrooms, a Great Room that leads out to the treed-in backyard, and even a maid’s quarters — talk about 19th century!! Within walking distance from downtown, and close to the new hospital, LCBO, Tim Hortons, arena, and more. Comparably sized and aged detached properties sell in Markdale for $600,000+, but because of the home’s distressed state, an Investor can buy this conveniently located and spacious detached century at a hair over $400,000!!

We are selling our assignable purchase contract.

Closing is December 14th, 2021
*Please note: The Seller may be open to extending the closing date for the Buyer to order building permits, if needed. This is only a verbal agreement and nothing has been confirmed.*

**As per our APS, the Sellers agree to professionally complete all joist installation with good workmanship by closing. Sellers warranty that the joists will be installed correctly and any defective joists will need to be repaired prior to closing. Sellers also warranty that no work orders or deficiency notices are registered against this property.**

PROPERTY FEATURES
  • 2-storeys
  • 4 bedrooms + den
    • Master bedroom has a balcony area over the main floor mudroom addition, which overlooks the street
    • Den is what was once considered to be the “maid’s quarters” (as per Seller)
  • 2 full bathrooms
    • 3-piece bathroom located on the main floor
    • 4-piece bathroom located on the main floor
  • Built in 1882 (renovated in 1982, as per MPAC)
  • Above grade: 2297 sq ft (as per MPAC)
    • First floor: 1266 sq ft (as per MPAC)
    • Second floor: 1031 sq ft (as per MPAC)
  • Partial basement: 199 sq ft (as per MPAC)
    • Sump pump located in the basement (as per Seller)
  • Attic area is unfinished, but has approximately 4-5 ft ceilings (Buyer to verify)
  • All appliances will be included
  • 200 AMP breaker panel
    • Our Acquisitions Rep only saw copper wiring in the house, though no visible signs of knob & tube. However, there is a mix of grounded and ungrounded wall outlets (Buyer to verify)
  • Open concept Great Room with electric fireplace, slanted roof, patio doors which lead out to the backyard, as well as pocket doors lead into family room
  • There is a mudroom addition on the main floor (addition year listed as 1993, as per MPAC)
  • Walls are a mix of wallpaper, lathe & plaster, plaster on brick, and panelling
  • Most of the main floor’s joists were rotted out and will be replaced by the Seller with fresh joists prior to closing (as per APS)
  • Gas furnace (as per Seller)
  • HWT is owned (as per Seller)
  • Roof was done in 2019 (as per Seller)
  • On municipal services
  • Exterior is brick and aluminum siding
  • Stone foundation
  • Parking for 4 cars in the private driveway
  • Lot size: 66 ft x 148.5 ft (as per MPAC)
    • A lot of frontage available to boost curb appeal, by either adding an eye-grabbing walkway or lush gardens to draw the attention of the neighbours, if desired
  • Zoning: R2 (as per MPAC)

PROPERTY NEEDS

  • Full cosmetic update
  • New subfloor is needed
  • Some siding work is needed at the back of the house

 

Please click HERE for more pictures and information.

Price:
$419,999
Address:
Mark St W & Toronto St S
Markdale, ON
Square Feet:
2297
Lot Size:
66 ft x 148.5 ft
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1882

Call (647) 400-2093 for more details

Property Location