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Author Topic: Tehkummah  (Read 106642 times)

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DRD

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Tehkummah
« on: April 12, 2011, 12:49:02 AM »

 For those that are interested in 5 water st south baymouth, make sure you go see the property and do your homework..... I dont scare easy and I walked away.
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DRD

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Re: Tehkummah
« Reply #1 on: April 13, 2011, 10:25:38 PM »
If anyone goes to the sale I would be interested to hear if it sells, and if so for how much?
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sprinter

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Re: Tehkummah
« Reply #2 on: April 23, 2011, 09:15:49 PM »
Now I have to know, what scared you so badly?  :o
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Elvis

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Re: Tehkummah
« Reply #3 on: April 24, 2011, 04:29:33 AM »
It's a teardown.  Old motel, been vacant for 10+ years.  Right in the heart of downtown South Baymouth though...
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DRD

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Re: Tehkummah
« Reply #4 on: April 24, 2011, 05:38:16 AM »

The building being a teardown... but when you do you can not rebuild.
The zoning, being hamlet needing locals aproval
The property line going through building and protested on file
Easment
New bylaw for setback
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Elvis

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Re: Tehkummah
« Reply #5 on: April 24, 2011, 10:21:10 PM »
Very ugly.  Do you know if they received any tenders?
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ErnestBidder

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Re: Tehkummah
« Reply #6 on: April 25, 2011, 12:17:47 AM »
 For those of you who may not know, it used to be legal to take a condemned building and rebuild it one wall at a time. Got caught on this in the early '70s in Oshawa: building dept jerk said there was no use of me buying the property next door, as the 2-storey condemned building could only be torn down. It was for sale for a song: much less than lot value, actually. Another guy bought it, rebuilt it (without building permit: not needed!) and sold it 7 or 8 years later for a small fortune. So, a teardown might not actually be a teardown, but BE WARNED: once you tear it all down, you have to go through all the building steps all over again, as far as I know. On reflection, he did not sell it for a small fortune, it was pretty healthy!




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DRD

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Re: Tehkummah
« Reply #7 on: April 25, 2011, 05:20:24 AM »

But what about prohibited costs. Especially now when at every decision that they do not like or are unsure of, ask for an enginers stamp of aproval on a new drawing.
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sprinter

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Re: Tehkummah
« Reply #8 on: April 25, 2011, 09:08:03 PM »
Aggh!  That does sound ugly.  But I guess that explains why it's at a tax sale.  It's been my experience that an overwhelming majority of tax sale properties are major dogs.  I am not sure what the exact ratio is but it seems quite high, probably something on the order of 25 to 1.  Of course, I realize that this is a very subjective point of view.  I'd be curious to know if other, perhaps more experienced members, see the ratio the same way? 
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netpred

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Re: Tehkummah
« Reply #9 on: April 26, 2011, 02:16:29 AM »
Quote from: sprinter on April 25, 2011, 09:08:03 PM
Aggh!  That does sound ugly.  But I guess that explains why it's at a tax sale.  It's been my experience that an overwhelming majority of tax sale properties are major dogs.  I am not sure what the exact ratio is but it seems quite high, probably something on the order of 25 to 1.  Of course, I realize that this is a very subjective point of view.  I'd be curious to know if other, perhaps more experienced members, see the ratio the same way? 

I don't think that it's quite that high. I would guess about 10 to 1. Of course, I may see a dog, while others (like Dave2) may see beauty.
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ErnestBidder

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Re: Tehkummah
« Reply #10 on: April 26, 2011, 01:53:50 PM »
"at every decision that they do not like or are unsure of, ask for an enginers stamp of aproval on a new drawing"


  That's the beauty of it: the guy that bought the Oshawa property was "renovating" so did not need drawings; he just went in & replaced old lumber with new, had it inspected to get the condemned classification removed, & laughed all the way to the bank. BTW, it was in the mid-70s, so it would be interesting to know what the rules are today.
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DRD

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Re: Tehkummah
« Reply #11 on: April 26, 2011, 07:19:35 PM »

Under the new rules everything needs a permit, got caught redoing a roof last year... permit required
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Dave2

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Re: Tehkummah
« Reply #12 on: April 27, 2011, 01:28:28 AM »
Quote from: DRD on April 26, 2011, 07:19:35 PM

Under the new rules everything needs a permit, got caught redoing a roof last year... permit required

Doug: Rare I MAY disagree with you but devil as always is in the details. A lot depends on what you exactly meant by the word "Redoing".  This is reprinted from Municipality of Trent Hills Website: http://www.trenthills.ca/en/services/building_dept.asp

You must obtain a building permit before you do any of the following, but not restricted to:

construct a new building
installation of a swimming pool
renovate, repair or add to a building
demolish or remove all or a portion of a building
change a building's use
install, change or remove partitions and load-bearing walls
make new openings for, or change the size of, doors and windows
build a garage, balcony or deck or enclose an existing deck
build a building over 108 sq.ft. (10 sq.m.)
excavate a basement or construct a foundation
install or modify any life safety or fire suppression system such as fire alarms, sprinkler or standpipe or fixed extinguishing systems.
install or modify heating, plumbing, and air conditioning systems, fireplaces, fireplace inserts and woodstoves
install or renovate plumbing
construct or reconstruct a chimney
to finish a basement or convert a room to a bedroom

You do not require a Building Permit to:

replace existing, same-size doors and windows, subject to distance from property lines
install siding on small residential buildings, subject to distance from property lines
build a building under 108 sq.ft. (10 sq.m.), but must conform to the zoning setbacks
reshingle a roof, provided there is no structural work
install eavestroughs, provided that drainage is contained on your property
damp-proof basements
paint or decorate, including interior finishes, but excluding insulation
reinstall/replace kitchen or bathroom cupboards without plumbing
erect a fence (swimming pools and outside hot tubs do require special permits)
Please Note: Permits are required from the Electrical Safety Authority for any electrical work.

There is some differernce between municipalities but generally I have found this as a good guide. For small buildings make sure of their measurements.  In one "Pump House" (You taught me that thanks) the building official did do a measurement check (she left her business card outside).  

Interesting enough for those of you that like to live in caves I have been advised that a building permit is not required if you do work underground like in a mine.  

Regarding dogs versus nondogs I would be comfortable with a 15:1 ratio but my odds may change depending on an upcoming tricky  rezoning hearing which depending how it goes I may end up in the dog house with my boss.  Depending how it goes will affect my risk curve going forward.

One of those cases that I knew of and accepted risk going in which helped me get a good buying price. Key is whether I can pull off the desired outcome.
« Last Edit: April 27, 2011, 01:49:09 AM by Dave2 »
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DRD

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Re: Tehkummah
« Reply #13 on: April 27, 2011, 05:05:08 AM »
Your trent area is a little behind the times, if you remember when you bought that property that your pumphouse is on we were both asking questions of the planing department. which in turn ended up being one person subed out and working from his house.  Back to the origional building in question, pretty hard to sneak one by them when it is accross from the ferry entrance/exit and the town may have a population of 400.
« Last Edit: April 27, 2011, 05:07:31 AM by DRD »
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Dave2

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Re: Tehkummah
« Reply #14 on: April 27, 2011, 03:55:58 PM »
Quote from: DRD on April 27, 2011, 05:05:08 AM
 Back to the origional building in question, pretty hard to sneak one by them when it is accross from the ferry entrance/exit and the town may have a population of 400.

The intent was not to sneak one by them but differentiate between items needed for a building permit or not.  I have understand replacement of an existing roof including minor repair of (plywood) sheathing underneath was generally exempt from building permit needs. (did not depend on whether shingles had to be removed or not.)   I am intrigued which township gave you hastle if you don't mind me asking because I may have to do a roof repair on my house because original builder had a bum lot of shingles.  (you can always send a PM)

Completely reconstructing the roof deck or adding a chimney etc. is obviously another matter.

The rezoning I was referring too was not the waterfront island property on Rice Lake but another pair of rural properties that are side by side.  There was a mistake on the original zoning over 30 years ago that I am trying to get corrected particularly as it involves conservation land on part of the properties.   It is a tricky process because without it obviously the gains I hope to get will disappear and they are probably the highest risk properties I have bought.

The island waterfront I can build on but I am waiting for something else to occur or not occur before
I make a final decision on exactly what I do with it.  So far it has taken over a year of waiting and I guess I have to wait for another six months.
« Last Edit: April 27, 2011, 04:23:07 PM by Dave2 »
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