Semi-Detached Raised Bungalow Built in 2006 in Thorold!! Assigned

  • $475,000
  • 3 beds
  • 1 baths
  • 889 sqft
Assigned
This semi-detached, raised bungalow is barely 15-years-old, and is available at a stark discount in a gapingly low-inventory market!! There are very few semis up for sale in the last 90 days in Thorold, and each sale that does pop up tends to exceed the $600,000 mark!! TLC and cosmetic updates are needed here, and there’s a full basement with an office den at the base of the stairs. The open concept kitchen makes this a breathable floor plan with 3 bedrooms at the back and a full bathroom. Basement is fully insulated with a high ceiling height, and is a completely open floor plan for someone to finish and update, or to convert into an in-law suite/basement apartment (Buyer to verify). This property is a winner for both a flipper and a buy-and-hold Investor, located in a quiet residential community away from noisy traffic and construction!!

We are selling our assignable purchase contract.

Closing is April 12th, 2022
**As per our APS, the Buyer agrees that the Seller may extend closing 1 time up to 21 calendar days, provided that the Seller gives the Buyer written notice of this extension at least 21 days before the original closing date.**

PROPERTY FEATURES
  • 3 bedrooms
  • 1 full bathroom
  • Built in 2006
  • Above grade: 889 sq ft (as per MPAC)
  • Partially finished basement: 889 sq ft (as per MPAC)
    • Ceiling height: 7+ ft (Buyer to verify)
    • Basement is insulated
    • Windows are above-grade, with good height
    • Basement was professionally waterproofed (as per Seller)
    • Front part of basement is a den space that has been finished with an electric fireplace and laminate floors
  • All appliances will be included
  • 100 AMP breaker panel
  • Gas furnace is 8-years-old (as per Seller)
  • HWT is new, and is rented (as per Seller)
  • Central AC is included
  • New roof is only 1-2 years-old, and was replaced by insurance (as per Seller)
  • Vinyl shed is located in the backyard
  • Vinyl siding exterior
  • Poured concrete foundation
  • On municipal services
  • Private driveway can accommodate 2 cars
  • Lot size: 30 ft x 100 ft (as per MPAC)
  • Zoning: R2 (as per MPAC)
    • In the Thorold Zoning Bylaw, the R2 zone permits a duplex dwelling, a converted dwelling, and a home occupation, so long as it meets all requirements (see HERE). It does not explicitly state whether or not a basement apartment/in-law suite would be allowed — Buyer to verify
  • Vacant possession

PROPERTY NEEDS

  • Full cosmetic renovation
  • Seller smokes in the house
  • Option to finish the basement or convert it into an in-law suite or accessory unit, if desired (Buyer to verify)

Please click HERE for more pictures and information.

Price:
$475,000
Address:
Morton St & Mary St
Thorold, ON
Square Feet:
889
Lot Size:
30 ft x 100 ft
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
2006

Call 647-370-0820 for more details

Property Location