1324 Franklin Dr

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1324 Franklin Dr, Peterborough
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 7
ROOMS
X8308680
MLSID
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Property Description
Welcome to 1324 Franklin Drive! A charming 4+1 bedroom brick bungalow found on a spacious, fenced corner lot shaded by mature evergreens in Peterborough's north end. With 1500-square-feet of main-floor living space, this home offers a blend of opulent comfort and convenience.Outdoor living awaits in your treed backyard oasis with bi-level deck, barbecue trellis, and well-tended gardens, complete with garden shed and bonus wired storage shed/shop. Inside, find a main floor primary suite with ensuite bath and laundry, attractive kitchen/dining area with walkout, and a family/guest wing with three bedrooms and four-piece bath.Lower level features a spacious rec room with a new gas fireplace and a ping pong table, the perfect retreat for family fun! With two entrances, this area also offers in-law potential, with a fifth bedroom, three-piece bath, kitchen, living space, and storage.Just meters from Northland Park and the Parkway Trail, outdoor recreation is at your doorstep. Nearby popular schools add to the family-friendly appeal.Updates within the past three years include fresh paint throughout, custom main floor bedroom window coverings, new kitchen faucets, and a 2024 rec room fireplace. Don't miss this opportunity for comfortable living with intergenerational options in a prime Peterborough location! Pre Inspection report available in documents.
Extras
(optional) Ping Pong Table, wood armoire in rec room, L Couch in basement, Bedframes (except green room), 2 white bookshelves in study, Metal shelving in shed, Lawn mower, webber BBQ, Fire Pit & Fire Pit Benches, backyard hose & bsx reel
Property Features
Cul De Sac, Fenced Yard, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
94' x 111'
Acreage
< .50
Fronting
East
Taxes
$4,598 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
2nd BrMain12.96' x 9.84'
3rd BrMain12.89' x 8.76'
DiningMain8.83' x 10.17'
KitchenMain10.07' x 11.98'
LivingMain13.16' x 15.26'
OfficeMain9.51' x 9.35'
Prim BdrmMain17.45' x 14.83'
4th BrBsmt14.07' x 11.84'
FamilyBsmt19.55' x 12.53'
KitchenBsmt14.50' x 11.65'
RecBsmt12.47' x 30.45'
UtilityBsmt7.84' x 11.94'
Peterborough Market Statistics
Peterborough Price Trend
1324 Franklin Dr is a 4-bedroom 3-bathroom home listed for sale at $749,900, which is $70,100 (8.5%) lower than the average sold price of $820,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Peterborough increased by $45,307 (5.8%) compared to the previous 30 day period (March 15 - April 13) and down $68,677 (7.7%) from the same time one year ago.
Inventory Change
There were 46 4-bedroom homes listed in Peterborough over the last 30 days (April 14 - May 13), which is up 253.8% compared with the previous 30 day period (March 15 - April 13) and up 155.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Peterborough typically sold ($18,460) (2.3%) below asking price over the last 30 days (April 14 - May 13), which represents a $11,358 increase compared to the previous 30 day period (March 15 - April 13) and ($20,999) 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 4-bedroom homes in Peterborough over the last 30 days (April 14 - May 13) stood at 21.7%, down from 123.1% over the previous 30 days (March 15 - April 13) and down from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Peterborough stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Eastern Realty
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