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Bungalow for sale sold London, $167,500 Get pre-approved

#165809 | 317 Grey Street

Owner's comments

This beautiful heritage bungalow has original wood floors, ornate, nine-foot ceilings and original wide trim. It converts easily from a 2+1 to a 3 bedroom. It features new kitchen appliances, high-efficiency central air, a full length, private driveway, and a large, park-like backyard. This well maintained home is located just minutes from downtown and bike paths. 

 

317 Grey Street, $167,500
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  • Property Style : Heritage
  • Asking Price : $167,500
  • Price Detail : Open House
  • Number of levels (basement excl.) : 1
  • Bedrooms (total) : 3
  • Lot dimensions : 35x165 ft (10.67x50.29 m)
  • Backyard Faces : South
  • Year of construction : 1931
  • Bathrooms (total) : 1

Other details :

  • External facing :
    • Brick
  • Heating source :
    • Forced air
  • Equipment/Services Included :
    • Air-conditioner

Room's dimensions

Room Storey Dimensions Flooring
Bedroom 1 (Master) 1st floor 10'6"x10'6" ft (3.05x3.05 m) Soft wood
Bedroom 2 1st floor 10'6"x8'2" ft (3.05x2.44 m) Soft wood
Dining room 1st floor 14'2"x10'10" ft (4.27x3.05 m) Soft wood
Family room 1st floor 11'9"x9'8" ft (3.35x2.74 m) Carpet
Kitchen 1st floor 9'x10'11" ft (2.74x3.05 m) Linoleum
Living room 1st floor 13'8"x9'10" ft (3.96x2.74 m) Soft wood
Recreation room Basement 22'2"x8'10" ft (6.71x2.44 m) Floating tile
Storage Basement 11'10"x8'10" ft (3.35x2.44 m) Concrete

Mortgage payments

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Testimonial of the owner

The staff at bytheowner was very helpful and optimistic. The intrest was very good (especially because it was the middle of February). The website was extremely easy to use and had a very professional presentation. Thanks a million!

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Annual and Monthly costs

Expenses summary Monthly Annual
Mortgage
Property taxes $138.33 $1,660
Total known costs $138.33 $1,660

Steps to buy this property

So you decided you like this property and would like to make an offer.

Here are the steps.

  1. 1. Investigate Mortgage Options

    As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.

    For information on mortgages and to get pre-approved, contact The Mortgage Wise Financial Team: www.mortgagewisefinancial.com or (519) 433-5013 and toll free at 1-866-503-8755.

  2. 2. Get a Lawyer

    It's important to hire a lawyer who specializes in real estate. You could find yourself in a bidding war for the home you want, and it doesn't hurt to have a lawyer look over any offer to purchase before you submit it. A real estate lawyer will also conduct a title search and check for outstanding taxes and liens on the property.

  3. 3. Make the Offer

    You can contact your lawyer for help with filling out the offer document, which can be downloaded from the comfree website or provided to you by the seller. You then present the written offer to the seller. This document includes the price, conditions, deposit and closing date. The seller either accepts, rejects or counters the offer (also called "signing back" the offer).

  4. 4. Home Inspection or New Home Warranty

    Hiring an inspector is voluntary, but it's a smart idea for resale homes. You can choose to make your offer to purchase the home conditional on the outcome of your inspection. If your inspection reveals major problems, you can negotiate those repairs with the seller before your deal closes, or legally withdraw your offer.

    What is a New Home Warranty?

    New Home Warranties are typically used when you buy a brand new home. The builder provides a New Home Warranty to cover things like deposits and completion dates, along with labour and materials for at least one year after the home was built. It also protects you against structural problems for a minimum of five years.

  5. 5. Finalizing the Deal

    Finalizing the deal will include the final approval of your mortgage, a meeting with your lawyer to finalize details like insurance and conditions, and the results of a title search.

  6. 6. Moving Preparations

    There's a lot to do before you move. Line up utilities and other services like phone, cable and internet. If you rent, you must give your landlord notice. Also, forward your mail to your new address and hire a moving company. Preparing these things well in advance will help you make a smooth transition to your new home.

  7. 7. Closing Day

    This is the day you legally get possession of the house. Your lawyer completes the paperwork (so the home is in your name), payments are finalized and you receive the deed and the keys. Congratulations on your new home!

We're here to help

Richard

Logistics & Inventory Co-ordinator

ComFree is a team of more than 235 people committed to providing you with outstanding service so you can successfully sell your home.

The members of our team are not registered under the Real Estate legislation unless specifically mentioned.


Need more information? Please call a member of our customer service team:

1.866.336.9637


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