1385 Balsam Ave
Monaghan, Peterborough, K9J 7E5
FOR SALE
$550,000
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 3
ROOMSX9767808
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Property Description
Discover this charming 3+1 bedroom brick bungalow with an attached single-car garage, ideally located in a highly desirable, quiet west-end neighbourhood on a peaceful cul-de-sac. Just a short walk to the hospital and set within one of the area's top school districts, this home offers both convenience and community. The main floor features a spacious living room, kitchen, and dining area, along with three bedrooms one with a walkout to the backyard. Original hardwood flooring lies beneath all the carpets, adding to its timeless charm. The lower level includes a bright rec room with large windows and a cozy fireplace, a fourth bedroom with a large window, a 2-piece bathroom, and a generous workshop and laundry area. This well-maintained home with an attached garage is truly a must-see!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-05 | 2024-10-29 | 54 | $599,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 122'
Acreage
< .50
Fronting
East
Taxes
$5,416 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.55' x 16.14' | |
| Kitchen | Main | 10.79' x 11.02' | |
| Dining | Main | 6.56' x 12.66' | |
| Prim Bdrm | Main | 10.93' x 12.20' | |
| 2nd Br | Main | 8.89' x 12.24' | |
| 3rd Br | Main | 10.01' x 8.76' | |
| Bathroom | Main | 7.09' x 8.76' | |
| Rec | Bsmt | 23.10' x 14.76' | |
| 4th Br | Bsmt | 10.30' x 11.35' | |
| Bathroom | Bsmt | 5.38' x 4.43' | |
| Workshop | Bsmt | 18.70' x 13.06' | |
| Laundry | Bsmt | 10.76' x 21.26' |
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Peterborough Market Statistics
Peterborough Price Trend
1385 Balsam Ave is a 3-bedroom 2-bathroom home listed for sale at $550,000, which is $27,558 (4.8%) lower than the average sold price of $577,558 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Peterborough declined by $24,254 (4.0%) compared to the previous 30 day period (September 1 - September 30) and up $350,564 (154.4%) from the same time one year ago.Inventory Change
There were 61 3-bedroom homes listed in Peterborough over the last 30 days (October 1 - October 30), which is down 17.6% compared with the previous 30 day period (September 1 - September 30) and up 10.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($17,306) (3.0%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,914 decrease compared to the previous 30 day period (September 1 - September 30) and ($5,429) less 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 1 - October 30) stood at 78.7%, up from 55.4% over the previous 30 days (September 1 - September 30) and down from 265.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Peterborough stood at 42 days when successfully sold over the last 30 days (October 1 - October 30), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Eastern Realty
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