| Own this all-brick bungalow in the heart of the “Friendly City” that is Woodstock, one of the hotter southwestern Ontario tertiary markets, with YOY increase of nearly 30%!! This bungalow features 2 bedrooms with extra high ceilings, large windows, a new furnace, full brick exterior, and wood basement walk-out door. Food Basics, arenas, and 7-Eleven are nearby, with Hwy 401 access just a few minutes down the road. The average price of homes in Woodstock exceeds $800,000, and you can own a freehold bungalow — a sought-after kind of residential real estate — in a convenient centre in town. Plenty of opportunity for an ambitious Investor who wants their latest renovation special at an affordable purchase price!! With the detached market too unattainable and overinflated for some, here’s a commodity that reminds us that below $500,000 for detached in a growing town is still possible in 2022!!
We are selling our assignable purchase contract.
Closing is March 28th, 2022
**PLEASE NOTE: This property is currently used by the Seller’s family friend — the “Grandson” — whose grandfather used to own the home. This property recently transferred to the current owner in January 2022, but the Grandson, his wife, and child still inhabit the home from time to time. The Grandson supposedly has a verbal agreement to pay the Seller $1,200/month + all utilities, but at this time the Grandson only pays utilities and the Seller is knowingly not collecting rent. The Seller claims the Grandson cannot prove he is a true Tenant, as there is no written lease, rent receipts or a month-to-month lease. The Grandson has lived in the home for 30 years, and it contains his furniture and belongings. The Grandson mostly uses the property for storage and his primary residence is elsewhere (as per Seller). The Grandson could possibly be treated as either a Tenant or Trespasser by the Buyer.** |
