289 Simcoe St
Downtown, Peterborough, K9H 2J4
FOR SALE
$899,900
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2 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSX8079368
MLSIDContact Us
Property Description
Purpose built three unit triplex, walking distance to the downtown. Public transit at front door, convenient location that's close to restaurants, shopping, parks, and most amenities. Excellent rental location. Two 2 bedroom units and one 1 bedroom unit. New shingles in 2018. Tenants pay own heat, hydro and hot water tank rental. Shared laundry on site. Parking at the rear of the building. Great opportunity for investors.
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Extras
Room sizes on the upper floor are very similar to the room sizes of the main unit. Please refer to floor plan.
Property Features
Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Triplex, 3-Storey
Lot Size
41' x 103'
Acreage
< .50
Fronting
South
Taxes
$4,398 (2023)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Laundry | Lower | 15.09' x 10.93' | |
| Living | Lower | 13.29' x 15.45' | |
| Dining | Lower | 5.35' x 10.24' | |
| Kitchen | Lower | 8.14' x 10.20' | |
| Br | Lower | 13.19' x 10.86' | |
| Bathroom | Lower | 4.99' x 6.79' | 4 Pc Bath |
| Living | Main | 13.68' x 15.88' | |
| Dining | Main | 8.23' x 10.83' | |
| Kitchen | Main | 10.89' x 11.29' | |
| Bathroom | Main | 4.95' x 7.41' | 4 Pc Bath |
| Br | Main | 14.17' x 11.29' | |
| 2nd Br | Main | 9.45' x 10.83' |
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Peterborough Market Statistics
Peterborough Price Trend
289 Simcoe St is a 2-bedroom 3-bathroom home listed for sale at $899,900, which is $286,850 (46.8%) higher than the average sold price of $613,050 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom home in Peterborough declined by $11,770 (1.9%) compared to the previous 30 day period (March 4 - April 2) and down $28,904 (4.5%) from the same time one year ago.Inventory Change
There were 34 2-bedroom homes listed in Peterborough over the last 30 days (April 3 - May 2), which is up 13.3% compared with the previous 30 day period (March 4 - April 2) and up 70.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Peterborough typically sold ($2,730) (0.4%) below asking price over the last 30 days (April 3 - May 2), which represents a $4,738 increase compared to the previous 30 day period (March 4 - April 2) and ($3,677) 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 2-bedroom homes in Peterborough over the last 30 days (April 3 - May 2) stood at 58.8%, down from 83.3% over the previous 30 days (March 4 - April 2) and down from 110.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Peterborough stood at 11 days when successfully sold over the last 30 days (April 3 - May 2), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Exit Realty Liftlock
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