Sat Jul 18 2009 at 10:30 AM in Meaford
Property: 2 Storey Victorian Brick Home

SALE DESCRIPTION

REAL ESTATE AUCTION

FOR THE ESTATE
OF
NORAH RUTHERFORD
MINIMUM OPENING BID
$250,000
(then selling unreserved to the highest bidder)
247 St. Vincent Street, Meaford

OFFERED BY:
Jim Snider's Sydenham Auction & Appraisal Services Inc
R.R. 8, Owen Sound, Ontario. N4K 5W4
519-376-8317 Fax: 519-376-4831

ENJOY PERIOD ELEGANCE OF AN IMMACULATE,
2-STOREY VICTORIAN BRICK HOME
WITH DETACHED BRICK COACH HOUSE.

The Executors of the Estate of the late Norah Rutherford of Meaford, have directed the sale of this spotless home situated on the shade-filled streets of Meaford. Jim Snider's Sydenham Auction & Appraisal Services Inc., is pleased to offer this property for sale by public auction on July 18th, 2009.

QUIET TOWN LIVING, SURROUNDED BY LUXURIOUS ROSE BEDS & LANDSCAPED GARDENS

This classically styled home has been lovingly maintained. No expense has been spared with recent upgrades to structural and mechanical aspects of the residence. The two storey, red brick, 3 bedroom home is situated on the corner of St. Vincent and Eliza Streets in Meaford, resting on a beautifully landscaped lot of rose beds, flower borders, mature hedges, shrubs, trees and manicured lawns. The house measures approximately 2300 square feet and includes a full basement. The main floor features comprise 10' ceilings, a wide entrance and central foyer, large living room and a separate dining room with french pocket doors. Three bedrooms enjoy the privacy of the second floor and there is a shared, 4 pc. ensuite bathroom. Complimenting the Victorian styling of this attractive home is a 25'x40' authentic red brick coach house, nestled at the back of the lot.

This property represents an attractive opportunity for anyone wishing to enjoy the pleasures of quiet, residential living in a scenic town on Georgian Bay.

The home is suitable for immediate residential use. Interested parties will recognize the attractive prospect of acquiring this property by auction, where bidders will be competing fairly and on the same terms as all other prospective Buyers. The property will be offered subject to a minimum opening bid of $250,000.00, then selling unreserved to the highest bidder.


Jim Snider's Sydenham Auction & Appraisal Services Inc is committed to providing you with comprehensive information on this property. If you require information that is not contained in this package, please ask one of our staff for help. We look forward to seeing you at the auction sale on July 18th or at one of the public viewings in the weeks prior to the sale. If we can answer questions or assist you in any other way, do not hesitate to call us.
Jim Snider, CAI, CPPA, Auctioneer
Pat McDonough, CPPA, Auctioneer

DISCLAIMER
This real estate property information package is intended solely to provide interested parties with preliminary information and is not a solicitation of offers; nor does it constitute an offer to sell. The delivery of this information package to any person does not create any agency relationship between said person and Jim Snider's Sydenham Auction & Appraisal Services Inc., or its consultants. The information contained herein is believed to be correct, but it is not guaranteed nor certified as accurate. All of the information contained herein is subject to corrections, errors and omissions. All offers must be based on the prospective Buyer's own investigation. Neither Jim Snider's Sydenham Auction & Appraisal Services Inc. nor its consultants, make any representation of warranty, express or implied, with respect to the property identified herein; the property is being sold in an "AS -IS, WHERE - IS" condition, except as may be specifically stated in the Purchase and Sale Agreement. All prospective Buyers are advised to refrain from exclusive reliance on the information contained herein as the basis for making a bid on the real estate. Prospective Buyers are strongly encouraged to conduct a personal inspection of the property during the open house situations and/or at their convenience through arrangements with Jim Snider's Sydenham Auction and Appraisal Services Inc.

INFORMATION THAT YOU WILL WANT TO KNOW

Legal Description 247 St. Vincent Street, Plan 309, Lot 205, Meaford

Property Taxes and Assessment 2009 - $3116 (interim).
2008 Assessment: $213,000
2009 Assessment: $223,500
Destination Assessment: $255,000

Lot Size and Description Frontage: 129' ±
Depth: 165'±
0.5 acres ± , fronting on St.Vincent Street

Dimensions/Building Description 2300 sq. ft. (approx.) red brick 2 storey home. Main floor comprises living room (16'X13'6"), dining room (16'X12') with french pocket doors, kitchen (12'10"X13'), small 2 piece bath on main floor, laundry room (15'8"x7'5") and large entrance & central foyer. 10' ceilings. The second floor consists of a master bedroom (15'9"X12'6"), shared ensuite 4 piece bathroom and plenty of closets. 2nd bedroom (12'10"X12'6") with built-in closet; 3rd bedroom (16'x6'10") w/closets. Foyer study area (10'2"x8'). The full basement is immaculate.

Other Buildings The detached brick coach house is 25'X40', with wood plank floor.

Zoning Residential

Water/Sewer Municipal ($374 in 2008)

Heat Modern (2003) high efficiency natural gas forced air furnace. 2008 heating expenses approximately $1447.

Electrical Services and Hydro 125 amp breaker panel service. Hydro charges were $727 in 2008.

Hot Water Reliance Energy natural gas water heater, rental ($134)

Site Plan/Survey Building location & boundary survey included.

Chattels Included All window coverings, light fixtures, concrete bird bath.

Excluded Chattels 3 concrete lawn ornaments.

LOCATION

247 St. Vincent Street, Meaford

TERMS

TERMS AND CONDITIONS

1. The Real Estate auction sale will be conducted on site, on Saturday July 18th, 2009, at 10:30 a.m. sharp.

2. The Real Estate will be offered for sale, AS-IS, subject to a minimum opening bid of $250,000.00, then selling unreserved to the highest bidder.

3. The successful highest bidder will be required to sign a standard Agreement of Purchase and Sale following the bidding process.

4. The successful Buyer is required to provide a certified deposit of $20,000.00, payable to Sydenham Auction & Appraisal Services, following the bidding process.

5. A 6 % (six per cent) Buyer's Premium shall be added to the high bid and this shall determine the total purchase price of the Real Estate.

6. All announcements made by the Auctioneer and/or Vendor at commencement of the Real Estate auction will take precedence over any previously printed material or any other oral statements made by anyone employed by, representing, or associated with the Auctioneer.

7. The Auctioneer reserves the right to reject any or all bids. If a dispute arises between bidders, the decision of the Auctioneer shall be final and absolute.

8. Procedures:

a. Bidders intending to participate in the Real Estate Auction must register and obtain a bidding card prior to the conduct of the auction;

b. A copy of the Agreement of Purchase and Sale will be provided to registered bidders on the Real Estate prior to or at the time of registration. Prospective Buyers are requested to familiarize themselves with this form prior to commencement of the Real Estate auction sale;

c. No conditions may be added to this agreement prior to or subsequent to the bidding procedure; and,

d. Early possession is available and preferred by the Vendor. A 30 day time frame for closure is preferred.

NOTES

OPEN HOUSES

Saturday, July 4, 2009 from 10:00 am until 12:00 noon; and,
Friday Evening, July 10, 2009 from 6:30 until 8:30 pm.

Note: The information above is believed to be accurate, however, the property is being sold on an "AS-IS" basis. Prospective Buyers should rely on their own inspection.

AUCTIONEER

Jim Snider's Sydenham
519-376-8317
Email Auctioneer