1440 Fair Ave

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1440 Fair Ave, Peterborough
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3 + 3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
10 + 5
ROOMS
X8170398
MLSID
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Property Description
This large executive home in the sought after West End offers over 4000 square feet of living space.There are six bedrooms (4 oversized), 4 bathrooms, 4 fireplaces, separate living and dining rooms, theatre area and two kitchens. Impressive upgrades include hardwood, granite counters, granite kitchen sink with touch taps, extensive crown moldings, solid wood doors, lever handles. A Large sunroom and Master have solar reflective heat mirror glass providing privacy, ample lighting and energy saving.The Master bedroom features a large walk-in closet and a glass block shower.The other large bathroom upstairs has a roll-in shower and a heated floor.A recently updated 2 level finished basement has a separate entrance and 3 oversized bedrooms.Walking distance to PRHC , Roper Park, elementary schools that include French Immersion, bike & walking trails.Transit stop at the door.This home would be perfect for multi - generational families or co-ownership.Immediate possession and pre-inspection.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-14 2023-12-14 91 $899,000 - Expired
2023-07-24 2023-09-06 44 $984,900 - Terminated
2010-07-12 2010-12-01 57 $369,900 - Expired
2023-07-27 2023-09-09 44 $984,900 - Terminated
Property Features
Hospital, School
Property Details
Street
Community
Property Type
Detached, Backsplit 5
Approximate Sq.Ft.
3500-5000
Lot Size
73' x 107'
Acreage
< .50
Fronting
West
Taxes
$6,720 (2023)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain17.42' x 6.66'
KitchenMain9.09' x 10.76'
BreakfastMain9.15' x 11.68'
DiningMain10.17' x 11.84'
LivingMain19.85' x 14.34'
SunroomMain20.18' x 15.42'
FamilyLower20.18' x 25.92'
Prim Bdrm2nd20.08' x 16.01'
2nd Br2nd11.32' x 12.07'
3rd Br2nd8.99' x 12.93'
KitchenBsmt15.49' x 17.42'
4th BrBsmt22.18' x 11.25'
Peterborough Market Statistics
Peterborough Price Trend
1440 Fair Ave is a 3-bedroom 4-bathroom home listed for sale at $899,900, which is $254,002 (39.3%) higher than the average sold price of $645,898 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Peterborough increased by $47,439 (7.9%) compared to the previous 30 day period (February 27 - March 27) and down $23,737 (3.5%) from the same time one year ago.
Inventory Change
There were 82 3-bedroom homes listed in Peterborough over the last 30 days (March 28 - April 26), which is up 51.9% compared with the previous 30 day period (February 27 - March 27) and up 148.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($7,978) (1.2%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,873 decrease compared to the previous 30 day period (February 27 - March 27) and ($10,522) 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 (March 28 - April 26) stood at 74.4%, down from 90.7% over the previous 30 days (February 27 - March 27) and down from 93.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Peterborough stood at 12 days when successfully sold over the last 30 days (March 28 - April 26), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty
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