Century 21 People’s Choice Realty Inc., Brokerage
120 MATHESON BLVD E #103
MISSISSAUGA, Ontario
L4Z 1X1
Pelham, Fonthill, L0S 1E0
$674,850
Listed by ROYAL LEPAGE NRC REALTY.
I advise all buyers to prioritize location and lot size when selecting a property. This particular home offers both, presenting an excellent investment opportunity. Lots measuring 70 x 165 have become increasingly rare in the city, particularly in Fonthill. The expansive backyard provides numerous possibilities, and the bungalow style is highly desirable, especially in this location. The listing agent, a reputable home builder in Niagara, has prepared a comprehensive estimate for a complete renovation of the main floor and has sample homes available to illustrate the potential improvements. Transforming this 1,200 sq. ft. residence from a three-bedroom to a two-bedroom layout would facilitate the creation of a spacious primary bedroom with an ensuite bathroom and walk-in closet. The renovation plans include installing new hardwood flooring throughout the main level and expanding the kitchen by removing certain walls and adding new cabinets with all quartz countertops and an island. Additionally, there are quotes for new windows and a garage door to further enhance curb appeal. The property is competitively priced 'as is,' but given its lot size and prime location, it represents a compelling opportunity for future value appreciation. Such large lots with bungalow configurations rarely become available, making this an ideal candidate for personalization through renovations. Alternatively, buyers may consider acquiring the property as is and planning any updates at their convenience. The house is in excellent condition and does not require immediate renovations; however, the potential for increased value is significant. The unfinished basement is ready for development, providing cost savings compared to other dated homes.
Kitchen
Living
Dining
Primary
2nd Br
3rd Br
Bathroom
Laundry
Utility
The graph below compares the average list price and average sale price of homes 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 homes 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.
This property has been sold 3 times before. To view this property's sale price history please sign in or register:
Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100
