Nearly 4 acres on the Conestogo River with 3-bedroom fixer-upper

Property details for 36 Elgin Street E, Woolwich

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 165 x 1159 FT
Stories: 2
Basement: None
Parking: No Garage
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,684

You're a 3-minute stroll from the Black Forest Inn and right across from the Conestoga River. This 3-bedroom, 1-bath house sits on a massive 165 by 1159 foot lot that's mostly wooded, so you get serious privacy. The place is dated but solid, with brick and vinyl siding, a concrete foundation, and two fireplaces. Inside you've got a main floor with living, dining, kitchen, a sunroom that's perfect for morning coffee, plus a cold room. Upstairs there's a family room, three bedrooms, and a 5-piece bath. No central air, but baseboard and wood heating keep it cozy. The attic is unfinished, so you could add space up there. Parking's easy with 6 spots and no garage. Taxes run $4,684 a year. This one's a project; it's priced at $1,599,900, which is steep for the condition, but you're buying the land and location. You're 5 minutes to RIM Park, 10 to Conestoga Mall, and 15 to Uptown Waterloo. The Kissing Bridge is just down the road too. If you've got renovation skills or a vision for a custom build, this is worth a look.

About 36 Elgin Street E, Woolwich — Property Score

Strong Investment Prime Location Hot Market

Score: 63/100

Value

Priced 54% above area median of $1,039,000 based on 17 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

1 bathroom - 3 fewer than similarly priced properties nearby 24

191,235 sqft lot - an oversized lot for the area 90

Location

$153K median household income - well above the Canadian average of $70K 100

92% of residents hold postsecondary credentials - a highly educated neighbourhood 98

98% homeownership rate - indicating a stable, owner-occupied community 99

78% of residents commute under 30 minutes - excellent commuter accessibility 92

175/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 19 days on market 98

+13.7% median price change over 1 month - rising prices in the area 100

17 months of housing supply - 17 active listings with 1 sold last month (buyer's market) 40

Features

6-car garage - area average is 8.9 spots 95

None basement 30

baseboard heating throughout 55

None 30

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.29% effective tax rate ($4,684/yr) - very low tax burden 91

Quality

Condition

Listing

19 photos provided - below the area average of 39 photos 85

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.