Saturday, 6 June 2015

Kitchener - Waterloo - Cambridge area growing quickly

Population could be 750,000 by 2013 in Tri-Cities area

By Mark Schadenberg
Where does Kitchener end and Waterloo begin?
Is Cambridge on the south side or north side of the 401, or both?
Are the Tri-Cities the accumulation of Galt, Hespeler and Preston to make Cambridge or is it now the quad cities of Cambridge, Kitchener, Waterloo, and St Jacobs, along with Breslau, New Dundee and the tiny community of Mannheim?
CTV Kitchener just completed airing a three-part series on real estate trends in that area, which depicts the idea that boundary changes are needed again to find spaces for subdivisions.
Simultaneously, intensification also continues with many more condos sprouting up. If you want to save rural spaces, intensification is the only answer and it also fits the Ontario guideline known as the Provincial Policy Statement.
CTV Kitchener graphic

The CTV story, featuring reporter Tyler Calver, predicts that the Waterloo Region population could reach 750,000 by 2031. By then, Baden and New Hamburg could also be inside Kitchener-Waterloo.
The CTV story focuses on a subdivision called Wildflowers (West of Fischer-Hallman and east of Trussler Road), but many neighbourhoods are blossoming.
In the Waterloo Region Record newspaper Susan Pigg wrote:

Last month the average sale price of a resale detached house in the City of Toronto hit $1.15 million, up 18.2 per cent from May of 2014.
And a recent report by the Canada Mortgage and Housing Corp. warned that construction of new, single-detached homes will continue to decline — and prices climb — because of land costs, lack of serviced subdivisions and land use policies, which is code for intensification and the shift to highrise rather than low-rise housing construction.

The story also printed stats. No source was listed for the numbers, but I'm sure they're correct.
Average price of a detached home in May 2015:
Kitchener-Waterloo: $390,704 (up 1.1 per cent from May 2014)
Hamilton and area: $400,893 (11.3 per cent)
Burlington: $709,719 (19 per cent)
Barrie: $381,520 (up 6.5 per cent)
Oshawa: $398,582 (21 per cent)
Orangeville: $428,918 (2.9 per cent)
As a full-time Realtor myself it's interesting to note that Toronto-area families are moving to the Guelph and Kitchener areas to find an affordable house. This reality drives up prices there, so now Cambridge-Kitchener-Waterloo home buyers are considering Woodstock.
One news story this past week which didn't gain a lot of attention was the planned expansion at Queen's Park to 122 ridings from the current 107. One of the new ridings will be in the Cambridge / Kitchener area.

LINKS:



Want to move to Oxford County?
Contact Me
Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
757 Dundas St, Woodstock
www.wesellwoodstock.com
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Thursday, 4 June 2015

Computer ink, measuring tape and a cell phone

Realtors know real estate and people
I've been a full-time Realtor since January of 1999

By Mark Schadenberg
I am a Realtor.
As you can see from a humorous internet link below, real estate sales representatives do consider the front seat of their car as an office, and I too live on my cell phone.
Realtors text other Realtors to request a showing and then text our customer clients.
Proficient math skills, and an ability to delve into paperwork and forms is a must.
As independent contractors, Realtors accumulate HST for the federal government, but luckily we can subtract the huge amount of HST we pay out on advertising, computer ink, business cards, signs and flyers, computer ink, lockboxes, promotional calendars, computer ink, gas and stationery, but not for your stationary bike.
Most Realtors are not stationary very long as we show homes, work from home, scan listings and offers, email prospects, attend office meetings and open house tours, and wander through Staples to buy computer ink and at the same time 'work the room' for more prospects.




One of my office brokers, Peter Hoffman, is profiled quite prominently in the CTV London news feature (noted below) on becoming a Realtor, and traits of a real estate professional.
You truly need people skills, patience and the willingness to work silly hours. You also require more than just a basic knowledge of home construction. Not enough knowledge to build a house, but certainly enough knowledge to build up rapport with home buyers. A Realtor needs a strong background understanding mortgages, including amortization and credit scores.
I have always believed a Realtor must sell the community as much as a home within that community. Market sense is knowing current listings and recent sales and where another certain house will fit into the mix. All Realtors have over-calculated on the value for a house – a predicted selling value – it's not any easy chore, but a full-time Realtor knows his local marketplace. Therefore, not only must your Realtor be a full-time professional, but also must be experienced, local and have dozens of contacts.

ME, MYSELF & I
In 1998 as I was preparing to leave the writing media world as sports editor of the Woodstock Sentinel-Review (Another multi-tasking employment), it took me five months to complete and pass the OREA courses, but for most people you would have to commit at least that amount of time as you must pass an exam after each of three different course segments – whether you learn the material online or from a text book. The OREA courses were intense, but informative, but only just the beginning in the learning-on-the-job process.
Exceptional 'people skills' is the trademark of any successful Realtor as your confidence and expertise speaks volumes with buyers and sellers, as you also inform the consumers about trends and other frameworks of real estate such as conditions in an offer, high-ratio mortgages, inspections, market value, appraisals, buyer agency agreements, marketing, and depreciation of elements in a home. As you can see the list goes on and on, but the client must rely on your persistence, knowledge, integrity, and your measuring tape.

To add a little perspective to our pile of paperwork in real estate, at our office meeting yesterday (We do have office meetings to discuss industry news and trends) we debated the necessity for a new Form 801 from OREA which was created to document offers on a listing – just in case someone sometime complained that maybe their offer wasn't considered. We do – on occasion – receive multiple offers in our marketplace, but not too often.
Anyway, after 16 years as a full-time Realtor, I'm looking forward to another 16 years. I'll be 64 by then.


LINKS:
www.realtor.ca
Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
757 Dundas St, Woodstock
www.wesellwoodstock.com
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland
Discussion . . . Direction . . . Determination . . . Destination

Tuesday, 2 June 2015

I was a Red Devil from 1980-85

WCI remembers its past and creates athletics hall of fame
My alma mater hosted a Homecoming Reunion this past weekend 

By Mark Schadenberg
I am proud to say, I'm a former Red Devil!
Woodstock Collegiate Institute held a 75th Homecoming Reunion this past weekend. The school is more than 75 years old, but I think that particular number has been established as the age of the current building housing Red Devils between the ages of 14 and 18.


From 1980 – 85 (five years), I was in Galahad house and like everyone else I own many fond memories, including junior volleyball in 81-82, senior volleyball in 83-84, and the still unknown reason why I attempted football in my fifth year of high school in the autumn of 1984. I unsuccessfully ran for student council, played the role of a wall flower at many high school dances, and was both the foe and assistant for Al Huras (Note: Today, Al Huras is one of my Lions Club friends, but in the early 80's I was a typical teenager). My broadcasting career – you could say – began when announcing the up-coming matches and who was 'on deck' at a wrestling meet at the Collegiate for Mr. Huras, but I would (at the same time) also be his nemesis as my older brother and I were the 'Hansen brothers' of intra-mural ball hockey.
Mr. Terry Hobin would be another teacher who might recall an incident or two. One day, instead of sitting inside the school in my desk for Calculus, I was hiding outside my first-floor math class knocking on the glass and then quickly squatting below the window sill to disrupt Mr. Hobin from his chalkboard instructions.
I don't know if I was a Red Devil, but at times I was a little devilish.

VISITING THE ALMA MATER
This past Saturday, I attended the WCI open house. I ran into Audrey Hess, who ran the cafeteria in my era and baked great cookies. I had a chat with Ron Lindsay who coached me in volleyball in Grade 10 and was my teacher for the informative Economics 401 class I conquered. Our volleyball team would practice in the small gym, which today resembles a fitness club.
In the hallways, I spent a brief moment with current principal Chris Friesen and asked why he didn't have his picture on the wall with all the other former principals and he indicated the obvious answer (I always thought there was no such thing as a bad question, so I ask and that's why I became a reporter) – because he was still there. Richard Hall was vice principal, and Kerry Johnston and Ray Thomson were my principals. I noticed that Mrs. Hall (I think they weren't related), who was one of my teachers for one year, would later become a WCI principal. The surnames of some of my favourite teachers were: Duckitt, Harvey, James, James (brothers: one taught geography and the other science), Lavin, Tebbutt, Terry, and McDermott.
BACK TO THE CURRENT
Chris Friesen was pulling on a dolly cart a refurbished vintage desk and chair which was going to be auctioned off that night at the Reunion reception at the Oxford Auditorium. (With some regrets now, I did not attend the dinner or the Saturday afternoon alumni concert).
One hour (give or take) at WCI Saturday also included a short conversation with my graduating year prime minister Ellen Roach, and a stroll down memory lane by visiting the '80's room' on the third floor. 
Several yearbooks (The Oracle), old school shirts, photo albums, record albums from the era, newspaper clippings, and bristol board with cut-and-paste pictures were all proudly on display from my decade. I talked with a recent grad, who was scouring through yearbooks to search out recollections of his dad's tenure as a Devil.

Each decade had a classroom with memorabilia specific to that era, while the school's hallway also had displays of pictures from times long ago – cast from plays, orchestras, sports teams, Reach For The Top, and of course the gun / rifle club. For example, I took a picture of a picture of a 1930-31 girls' basketball team – quite an artifact indeed.


FRIDAY NIGHT SPORTS TRIBUTE
The inaugural ceremony for the WCI athletics hall of fame took place on Friday night and it was in tribute to the late journalist Steve Coad who spend many many years at the London Free Press after earlier being sports editor at The Woodstock Sentinel-Review.


Honoured on Friday were former Canadian Olympian Catherine Bond-Mills, a former world badminton champion in Penny Parkes, along with Dr Peter Fowler, Dr Henry Janssen, Dr Seth Yates, Tom Moulton, Douglas Stevenson, multi-sport athlete Dan Morris, Mike Elliott, cross-country skier Mary Thompson, and three football squads – 1960-61 senior, 1960-61 junior, and 1969-70 senior.
Bond-Mills was an outstanding track athlete, winning bronze at the Commonwealth Games, and competing twice in the Olympics (Barcelona in 1992 and Atlanta in 1996) in the seven-discipline heptathlon. When she competed at the Ontario high school championships, she dominated on the provincial stage.
OFSAA 1985

OFSAA 1986

Moulton was a defensive back in the CFL with the Hamilton-Ti-Cats in the 1960's, but passed away in 2011. I had the opportunity to talk to him when he was inducted in the Woodstock Sports Wall of Fame in 2009.
It's interesting to see three doctors on the list. Yates is a two-time OFSAA gold medallist in the pole vault. Janssen was a football star with the Western Mustangs and was drafted into the CFL. Fowler, meanwhile, was a Pan-Am Games medallist in swimming and is a founder of the Fowler-Kennedy sports medicine clinic at London's Western University campus.
Mary Thompson has competed internationally in nordic (cross-country) skiing.
Dan Morris was a terrific basketball player and a standout hockey player with the Woodstock Navy Vets. He would play NCAA hockey at Ohio University and then coached at that school for many many years.
Congratulations must also include the athletics hall committee led faculty member / coach Kathy Roberts for the task of assembling this first-ever group to be enshrined, including the invites and plaques.
I'm a proud Red Devil.


LINKS:


Mark Schadenberg, Sales Representative
757 Dundas St, Woodstock
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
www.wesellwoodstock.com
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Statistics are accurate numbers, but you want a 'SOLD' sticker

May we look at the May numbers?

By Mark Schadenberg
I've looked at all the statistics with my analytic eyes, and I've determined that the Chicago Blackhawks should win the Stanley Cup.
Whoever has the best game plan, however, should win.
When real estate is considered, a confident game plan is very important. What is your Realtor going to do to assist in selling your house?
I love doing open houses as they truly create interest and some hype in your property.
ONE STEP BACK FOR MANY STEPS FORWARD
A thorough market analysis is part one of the listing process because my report will not only tell you how much your house is worth and its market value, but it will also include tips on getting your home prepared for the market, list all negative points especially depreciated items (décor and mechanicals), and will accentuate the positives such as updates, competitive advantages, and your neighbourhood amenities. My market analysis will point out the selling price of recent sales and describe which current listings are likely over-priced. I will draw a picture in detail about current local sales stats (Toronto numbers mean zero here and quite frankly the London-area or K-W tabulations are indicators, but not reflections), and finally at the end I will list my game plan to sell your home.
While I'm not a professional photographer, seven years at a daily newspaper taught me about taking good pictures and conducting my research.
There are many ways to promote myself as a Realtor, but you want marketing of your home.



JOB INTERVIEW
If you're looking for a Realtor, ask them prompting questions about current sales numbers.
If you're talking to me, I will very quickly refer to the ups and downs on a chart and why it may be occurring. I firmly believe that prices currently are moving upward in the $200,000 - $300,000 price range locally because there is a true lack of listings – the inventory is low, or you could say the shelves don't include enough chocolate chip cookies for the kids' lunch by Friday.
MAY WE LOOK AT MAY'S TOTALS
May in 2015 saw a slightly lower total of homes sold in the Woodstock-Ingersoll district board territory (WIDREB), but in my opinion that's because May of 2014 was a revival month after an extremely slow winter of 2014 due to a bad winter. Our post-Christmas winter of 2015 was also colder than normal. I'm not a climatologist, but I think Canucks simply said this year: 'Let's just deal with it.”
To compare, the first three months of 2014 saw 204 sales, as compared to 284 in the first quarter of 2015
So, May of 2015 had 133 sales – slightly lower than the 139 of May 2014. The best number for May was the outstanding 195 in May of 2005 as hysteria for the Toyota announcement was running rampant like a wild bear in backyards of Newmarket.
The lowest Mays in recent times (see the attachment) was 2012 with 97 and 2009 with just 98. The 2009 economist recap looks back to the auto sector crisis, which has an obvious effect on the Oxford economy. In March of 2011 there was a Tsunami in Japan and in May of 2011 there was only 112 WIDREB sales reported – again not a coincidence.


My chart below on year-end sales is an indicator of the local economy and how the waves of the ocean of the world dictate that numbers will go up and down.
People need a home, but it's their consumer confidence which pushes them through their bank turnstiles and around the velvet ropes to have a chat with a loan officer about amortization and beacon scores.
Only one link at the bottom of today's prose, plus some of my produced flyers.

BOTTOM LINE
It doesn't matter if it's the hottest market ever or as cold as a freezer in Antarctica, if you're asking price is too high your home will not sell as quickly as you want it to. While establishing 'market value' can be attributed to both motivated buyers and sellers, sold stickers are applied usually only to front-lawn signs of vendors who consider themselves motivated to sell (See internet link below for more details).

Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
(519) 537-1553, cell or text

Email: mschadenberg@rogers.com




LINK:
http://homebuying.about.com/od/sellingahouse/qt/012308_B4Sellng.htm?utm_source=facebook&utm_medium=social&utm_campaign=shareurlbuttons

Sunday, 31 May 2015

Home insurance concerns noted in a published story

Wiring, plumbing, wet basements are all insurance woes a house may have 

By Mark Schadenberg
The National Post newspaper recently published a story – a checklist essentially – noting 14 items to be aware of when looking at a home and how these items could effect your insurance rates.
I have written on this subject before and it's interesting to note that banks (Concerns revolve around coverage on high-ratio mortgages by CMHC) and insurance companies continue to make their guidelines more strict.
The list in the link below is quite extensive and most certainly includes electricity – both knob-and-tube wiring and aluminium. When showing older homes, I still see a lot of 60-amp service fuse boxes too.


It seems too obvious to mention, but a wood-burning fireplace makes the list. As a Realtor, my concerns surround the condition of the flue and whether of not the current owner has updated WETT certification. I showed a 50-year-old house a few weeks ago, which had a brick frame around the fireplace and its mantel, but there was absolutely no hearth, so the floor, which was hardwood, was less than 3 feet away from embers.
Oil heating is a concern due mostly to the age of your oil tank and whether or not it's outside or in the basement. Your oil supplier should know the age of the tank. You could say it's like your bbq propane tank on your back deck, when it's too old to be filled up, the gas station will not fill it.
Insurance folks will always worry about a wet basement, so you most certainly should too. Old galvanized plumbing is always a red flag as it rusts from the inside (where the water is) to the outside. Other concerns include cracks in the foundation, type of foundation (stone, block, poured concrete or wood), presence of a sump pump and a battery backup for it, and any signs of mold. I have never believed that the white salty look (efflorescence) on basement walls was anything more than a sign of mustiness caused by very low amounts of moisture.
Leaky basements can certainly be fixed from either the inside or the outside.
Keep in mind, some very low-lying areas will see water come up from the basement drains if the storm sewers are over-loaded.

Not on the National Post list, but likely the newest foe for possible insurance claims is new technology – Pex (Cross-linked polyethylene) plumbing. Although the Pex system was invented in the 1960's for mass-market use, it didn't really become popular for the movement of potable (drinking) water until about a dozen years ago. Before you call a plumber to replace all your plastic tubes in your basement joists, it can be added that the Kitec brand seems to be the trouble maker, and it's no longer manufactured, but could be in a house constructed up to about 2005.
The newer current Pex system is most definitely still in common use today.

It's interesting to note that many home offers are now conditional upon an inspection and also conditional upon obtaining insurance on the subject property. The insurance companies know which homes have had claims previously.
As is said in all industries, an educated consumer is the best consumer, but you can also be overly cautious and that's not going to assist in your home-buying process.
Have any questions, call me today! Let's begin the process of finding your home.

LINKS:
http://www.basementquestions.com/efflorescenc.php


Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
757 Dundas St, Woodstock
www.wesellwoodstock.com
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Thursday, 28 May 2015

'Oxford Remembers' is 100 events commemorating the First World War

Exhibit depicting Oxford's contribution to the Great War currently touring area museums
Recent death of local historian Robin Barker-James adds to the solemn recollections

By Mark Schadenberg

Reaction and Recruitment: Oxford Goes to War”

That is the name of a museum exhibit organized by the Woodstock Museum and other county partners to commemorate 100 years since the First World War (1914-18).
The exhibit is currently at the Ingersoll Cheese and Agricultural Museum on Harris Street in Ingersoll until June 21, and you can visit the artifacts and pictures on Saturday, May 30 during Doors Open Oxford (www.doorsopenoxford.ca).
The collection will later shift to the Norwich & District Museum (Stover Street North), June 26 – Sept 4. The show will be at the Woodstock Museum National Historic Site from Sept. 15 – Nov. 1, and then Nov. 8 – 30 at the Princeton museum.
The Ingersoll museum will also host the provincial touring exhibit callesd: Dear Sadie – Loves, Lives and Remembrance from Ontario's First World War, July 2 – Aug. 31.



THE GREAT WAR
A century is a long-time to recall the event(s) that began the First World War and escalated the battles to encompass such a large geographical area. Canadians must recall and remember our role in the war.
The First World War – as historians will regale the story – essentially erupted following the assassination on June 28, 1914 of archduke Franz Ferdinand in Sarajevo. Ferdinand was an important figure in Austria and Hungary. Even as I read back on accounts, it seems – and I can always use additional clarification – rather interesting that the Great War would begin after Ferdinand was killed by what can essentially be called a rogue sect, which was called Black Hand. In other words and by using terminology used often today, he was assassinated by terrorists.
Exactly one month later on July 28, 1914, Austria-Hungary would declare war on Serbia. Countries chose sides as Russia was an ally of Serbia . . . and Germany was aligned with Austria-Hungary. Soon, France declared war against Germany, and by Aug. 4 Britain also declared war on Germany. With Britain now in the conflict, it was a quick corollary to realize additional countries would also be part of the First World War, including Canada, Australia, New Zealand, India, and others which were dominions or colonies to Britain (England).
The United States didn't join the war effort with troops until April of 1917.
Many other countries also declared war or at least severed ties with other nations, including several in South and Central America. For example, Brazil would declare war on Germany in 1917. Japan and China both declared war on Austria-Hungary and Germany.
Meanwhile, Greece, Italy and Romania also fought against Austria-Hungary.
Volumes of history books, and dare I say encyclopedias, write about the various significant battles through to 1918. For Canadians, Belgium was a country of focus, including the well-documented battles at what is referred to as The Western Front – the various conflicts at Ypres and Passchendaele.
Reading archives on the internet is something I enjoy whether it's Canada's role in world history or on the more entertaining side – sports.
DM SUTHERLAND
The www.oxfordremembers.ca site is listing and promoting 100 events through to 2018 that will recognize just about every contribution Oxford County made to those war efforts and the history penned and compiled from the time. The Oxford Rifles was a local militia and a local historic figure named Donald Matheson Sutherland was tasked to sign up men for the war enlistment from all of Oxford, but also the surrounding area. (I still find it incredibly sad that the name Lieutenant-Colonel Dr. DM Sutherland was taken off Winchester Street public school by the Thames Valley school board but that's a tale to repeated on another day in an entry specifically about this Canadian hero). Sutherland, who died in 1970, was later a federal member of Parliament for Oxford, beginning in 1925, and eventually named a cabinet member as the minister of National Defence and then the federal Health department.
DM Sutherland

Back to the story at hand, the Oxford Remembers series website is a resource everyone over the age of 15 should study and then plan on attending some of the upcoming events.
There is biographical material on soldiers and nurses from this area. There are recollections of actual thoughts and feelings of the troops through copies of postcards. Photographs, including pictures of recruitment day in Tavistock and Woodstock's Victoria Park, are all part of the website and fabric of Oxford's contributions to the war.
Oxford County's war effort would include the 168th Overseas Battalion – a group also known as 'Oxford's Own'.


ROBIN BARKER-JAMES
Sadly, back on April 21 of this year, Tillsonburg-based teacher and historian Robin Barker-James died at the age of 59. Barker-James was known for staging re-enactments of battles, including digging trenches, so that his students could learn almost first-hand the tragedies and turmoils of war.
The Barker-James connection to Oxford Remembers is the fact that this coming October, he had scheduled a trip to the Western Front to visit and conduct a tour of Belgium, France and other countries.
Personally, I haven't been to Europe since I was 12 years old, but apparently this once-in-a-lifetime trip was to include still-existing trenches and forts, and European museums and memorials.
Ironically, but at the same time appropriately, on the same day as Doors Open Oxford, there will be a public service to honour Robin Barker-James in the Lions Auditorium at the Tillsonburg community centre at 10:30 a.m.
Robin Barker-James

DOORS OPEN OXFORD
Today (May 28), I made a quick trip to Ingersoll to walk through their museum and chatted with curator Scott Gillies. During the Doors Open Oxford event you can enjoy the 'sports theme' memorabilia on display, including a terrific tribute to Canadian Baseball Hall of Fame inductee Oscar Judd (1908 – 1995) and additional old trophies, jerseys, team photos, plaques, plus a prominent display of an Ingersoll man who rode his bicycle through more than 30 countries.
The Ingersoll museum as I noted above is currently hosting the Oxford Remembers exhibit as well.
For more info on this program, dial 519 842-2294.



LINKS:
http://www.1047.ca/news/local-news/they-still-have-names-event-traces-oxfords-roots-in-the-great-war/
http://www.tillsonburgnews.com/2013/11/11/oxford-remembers-itswn
http://www.heroesofzorra.ca/index.php/veterans/embro/item/sutherland-donald-matheson
www.oxfordcreativeconnections.com


Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
757 Dundas St, Woodstock
www.wesellwoodstock.com
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Friday, 22 May 2015

Asking price on former French school in Woodstock reduced

Interested in buying a former school in Woodstock ?

Huron Street one-level previous K-8 school closed in 2011
Asking price is now $950,000; highlight is modern gymnasium

By Mark Schadenberg
It's hard to believe that when I was growing up (elementary school in the 1970's) there were five separate board schools in Woodstock and now there are only two – St. Michael's in the city's northeast on Devonshire Avenue and St. Patrick's in the southwest on Parkinson Road.
The former St. Mary's on Oxford is open as Holy Family French Immersion, so I guess it counts as active, but it is repurposed.
The previous St. Rita's on Dundas is still planned to be a future furniture store, while the old St. Joseph's on Huron Street evolved into the French-only Ste. Marguerite Bourgeoys K-8 school and is now FOR SALE for a likely re-development of its 2.7 acres. It was listed at $1.5 million originally, but the current asking price is $950,000.


While the main school for Ecole Marguerite Bourgeoys (EMB) was likely built in the 1950's, the school's gymnasium was constructed likely around 1990 and is probably only approximately 25 years old. The gym includes a stage, plus a ramp to that stage for modern accessibility.  
If a renovation was part of the plans by the next owner, many uses are possible because in theory a group could buy it and change the zoning (currently Neighbourhood Institutional) to a youth centre, social centre, church or even a daycare facility. The current layout includes eight very large classrooms – learning spaces large enough for 40 students. On my visit, it was noted that only two of the classrooms still have their original asbestos-like floor tiles. The removal of the floors in those two rooms would not be a significant undertaking. Each room has its own heating / cooling system as the manager of the building noted that the Windsor-based school system (Providence: www.cscprovidence.ca) had a policy for air conditioning in all its classrooms.


The building additionally features two modest front offices, but it's the gymnasium addition which makes the thoughts of a future use intriguing. The gym floor measures 72' x 44' – not quite a NBA size basketball court, but certainly large enough for regulation-size volleyball, and there is also a very tall open steel-truss ceiling.

Could the current building be converted into apartments? Certainly, but with a zoning change. Keep in mind, this is generally a residential neighbourhood and there is a small private hospital (long-term car facility) only a couple doors to the north.
At the end of the day, if all the building structures were removed the space left would suit up to 12 houses.


MLS: 74416
Asking: $950,000
Listed By: Peter Vandersar (Royal LePage Triland)
Frontage: 113 feet along Huron Street, but the L-shaped lot (See map. Property no longer includes portables.) opens up to the back schoolyard.
Call Peter -- the listing rep -- or call Mark Schadenberg (me) to view anytime at (519) 537-1553. 

LINKS:



Mark SchadenbergSales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination