285 Cottonwood Dr
Monaghan, Peterborough, K9J 6N5
FOR SALE
$1,099,000
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Property Description
Welcome to Cottonwood Drive! This Spacious Light Filled Brick Bungalow has 3+2 Beds, 3 Baths and a Spacious Open Concept Floor Plan. Featuring a Beautiful Custom Designed Kitchen w/ an Oversized Island & Quartz Countertops that is open to the Living, Dining and Stunning Solarium. From the 2 Car Garage Walk into the Main Floor Pantry/Laundry & Mud Room, Down the Hall is the Generous Family Room W/ Brick Fireplace. 2 Bedrooms are on the Main Floor & Walk Upstairs to your Private Primary Bedroom that Features a Double Walk-in Closet and Ensuite with an Oversized Glass Walk-in Shower W/ 24 Carrot Gold inlay. The Bathroom Fixtures are Imported from Italy. Downstairs you will walk into your Ample Rec. Room and 2 more Bedrooms, A Craft Room W/ a 3rd Fireplace and a Crawl Space for lots of additional Storage. This Beautiful home sits on a Park Like Corner Lot With a Regulation Sized Inground Pool in one of Peterborough's most sought after neighbourhoods. An Absolute MUST SEE!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-30 | 2024-07-04 | 35 | $1,349,800 | - | Terminated |
| 2024-03-13 | 2024-05-03 | 51 | $1,399,800 | - | Terminated |
| 2023-11-16 | 2024-01-23 | 68 | $1,599,800 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 3
Lot Size
99' x 164'
Lot Irregularities
IRREG-228
Fronting
South
Taxes
$7,642 (2023)
Basement
Finished, Full
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.23' x 9.19' | |
| Kitchen | Main | 14.60' x 10.43' | |
| Dining | Main | 13.48' x 10.50' | |
| 2nd Br | Main | 9.55' x 12.80' | |
| 3rd Br | Main | 9.48' x 10.04' | |
| Living | Main | 18.50' x 13.85' | |
| Family | Main | 19.59' x 22.90' | |
| Prim Bdrm | 2nd | 17.13' x 18.04' | |
| Rec | Bsmt | 12.47' x 17.72' | |
| Common Rm | Bsmt | 11.91' x 11.55' | |
| 4th Br | Bsmt | 13.78' x 11.68' | |
| 5th Br | Bsmt | 11.81' x 11.48' |
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Peterborough Market Statistics
Peterborough Price Trend
285 Cottonwood Dr is a 3-bedroom 3-bathroom home listed for sale at $1,099,000, which is $539,549 (96.4%) 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 Forest Hill Real Estate Inc.
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