A Bank Foreclosure is a property that has been repossessed by the bank because the owner was not able to make the required mortgage payments for the property. When this happens, the bank is now considered as the owner of the property. Most of the time, banks are not ready to own homes. That is why typically, they are eager to sell these homes to buyers at a very attractive price. Although their asking (list) price is provided, you may also present a reasonable offer below this list price. If there is no Listing Agent available, you can make offers yourself and contact the bank directly.
Great starter home or rental property! This cozy 823 sqft. 3 bedroom 2 bathroom Bungalow is located on a quite tree lined street in Montrose. Main floor has a large kitchen, living room, 2 bedrooms, and 1 bathroom. Basement is recently finished with, 3 pc bathroom, bedroom, office/den, laundry room and family room. Some renovations include paint, The main floor bathroom has been updated, basement windows replaced, new hot water tank, 100 amp, and house shingles approximately 4years old. House backs onto park/playground, separate entrance to the basement, single detached garage leaves room for RV parking. Close to schools, Park/playground, LRT, Public Transportation, yellow head trail and Wayne Gretzky Drive.
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