1306 Monaghan Rd
Monaghan, Peterborough, K9J 5M1
FOR SALE
$699,000
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3
BEDROOMS3
BATHROOMS3
KITCHENS10
ROOMSX9416368
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Property Description
Attention investors! Well maintained legal brick triplex located in the area of "The Avenues" in Peterborough. Building consists of 3 separate and spacious units, all with their own entrances. Each unit contains its own private kitchen and bathrooms. Separate hydro and water meters. All great and cooperative tenants.
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Property Features
Hospital, Library, Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
40' x 120'
Fronting
East
Taxes
$4,725 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Parking Spaces
4
Driveway
Available
Garage Type
None
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Peterborough Market Statistics
Peterborough Price Trend
1306 Monaghan Rd is a 3-bedroom 3-bathroom home listed for sale at $699,000, which is $139,549 (24.9%) higher than the average sold price of $559,451 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Peterborough declined by $16,311 (2.8%) compared to the previous 30 day period (September 27 - October 26) and down $23,449 (4.0%) from the same time one year ago.Inventory Change
There were 55 3-bedroom homes listed in Peterborough over the last 30 days (October 27 - November 25), which is down 16.7% compared with the previous 30 day period (September 27 - October 26) and up 37.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($9,380) (1.7%) below asking price over the last 30 days (October 27 - November 25), which represents a $7,910 increase compared to the previous 30 day period (September 27 - October 26) and ($14,383) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Peterborough over the last 30 days (October 27 - November 25) stood at 56.4%, down from 65.2% over the previous 30 days (September 27 - October 26) and down from 77.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Peterborough stood at 30 days when successfully sold over the last 30 days (October 27 - November 25), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Red House Realty
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