Norwich, Norwich Town, N0J 1P0
$449,944$000000
Listed by EXP REALTY.
Situated on the corner lot of this beautiful brand new developement is 8 1/2 Elgin Street West, a modern gem on a private quiet street with prime location close to all the community's features. This modern build offers high level workmanship floor to ceiling; including two bright and spacious bedrooms, a luxurious four piece bathroom with connencted main lavel laundry, a modern build kitchen with quartz countertop and quality stainless steel appliances, an open concept living room, a paved driveway with private garage, engineered hardwood and porcelain tiled flooring throughout, and an aesthecially appealing exterior facade with brick, stone and modern black features. The beautifully finished staircase leads to an unfinished basement with the same square footage as the main level, offering so much potential for finishing as desired. The owner is also willing to completely renovate the basement and effectively double the effective usable square footage for an additional $50,000 (on top of the asking price). The on demand gas hot water tank and gas barbeque connection at the brand new deck are even further offerings. As this is a condominium resale property and not the original sale this property is not subjective to HST and therefore the sale will be inclusive of HST. This bungalow condo is in walking distance of all the neccessities; small town vibes without having to sacrifice access to shops, banks, restuarants, a drug store, and many other offerings. High quality young professional A+ tenant currently occupying the property paying $2200 a month plus full utilities. Offered at a very competitive price with option for speed of sale and immediate closing possible. This property is set to further improve with exterior professional landscaping, to be completed on the development site in the coming year. Don't hesitate on securing a solid investment oppurtunity with a high level tenant or a great move in oppurtunity with vacant possession provided by seller possible!
Legal Description: UNIT 14, LEVEL 1, OXFORD STANDARD CONDOMINIUM PLAN NO. 145 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN CO293519 TOWNSHIP OF NORWICH
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The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.