265 Sherbrooke St
Downtown, Peterborough, K9J 2N5
FOR SALE
$524,999
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4 + 2
BEDROOMS2
BATHROOMS1
KITCHENS7 + 1
ROOMSX9394318
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Property Description
This 2.5 story brick home located in Peterborough offers incredible potential. Students will love the location, central downtown close to Trent University & Fleming College with easy access to transit and all the amenities Peterborough has to offer. Investors will appreciate the existing6 bedrooms that includes a large loft area, all with good rental income. Spacious kitchen, 2bathrooms and main floor laundry. Opportunity to convert a common area for a 7th bedroom, and enclosed porch off the kitchen offers flexible space for additional income or student needs.Roof & Furnace approx. 4 years, and some windows and floors have been updated. Don't miss out on this turnkey investment opportunity or an ideal home for a large family. All rooms currently rented and Buyer to assume tenants.Financials are available and quick possession is possible.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-11 | 2024-10-11 | 92 | $545,900 | - | Expired |
| 2023-08-03 | 2023-11-03 | 92 | $574,900 | - | Expired |
| 2021-02-10 | 2021-02-19 | 11 | $419,900 | $457,000 | Sold |
Extras
All rooms currently rented and Buyer to assume tenants.Financials are available and quick possession is possible.
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
37' x 75'
Fronting
West
Taxes
$3,506 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.98' x 14.99' | Open Concept, Window, Laminate |
| Kitchen | Main | 9.97' x 19.00' | Laminate |
| Br | Main | 11.98' x 11.98' | Window, Laminate |
| Br | Upper | 11.98' x 9.97' | Window, Laminate |
| Br | Upper | 8.99' x 11.98' | Window, Laminate |
| Br | Upper | 11.98' x 8.99' | Window, Laminate |
| Br | Upper | 11.98' x 8.99' | Window, Laminate |
| Br | Upper | 6.82' x 8.99' | Combined W/Living, Closet, Laminate |
| Living | Upper | 22.97' x 11.98' | Combined W/Br |
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Peterborough Market Statistics
Peterborough Price Trend
265 Sherbrooke St is a 4-bedroom 2-bathroom home listed for sale at $524,999, which is $112,728 (17.7%) lower than the average sold price of $637,727 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Peterborough declined by $32,844 (4.9%) compared to the previous 30 day period (September 1 - September 30) and up $325,633 (104.3%) from the same time one year ago.Inventory Change
There were 24 4-bedroom homes listed in Peterborough over the last 30 days (October 1 - October 30), which is down 7.7% compared with the previous 30 day period (September 1 - September 30) and up 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Peterborough typically sold ($9,954) (1.6%) below asking price over the last 30 days (October 1 - October 30), which represents a $12,074 increase compared to the previous 30 day period (September 1 - September 30) and ($7,034) 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 4-bedroom homes in Peterborough over the last 30 days (October 1 - October 30) stood at 45.8%, down from 53.8% over the previous 30 days (September 1 - September 30) and down from 175.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Peterborough stood at 53 days when successfully sold over the last 30 days (October 1 - October 30), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with New Era Real Estate
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