299 Margaret Ave

FOR SALE
$599,900
299 Margaret Ave, Peterborough
299 Margaret Ave
299 Margaret Ave
299 Margaret Ave
299 Margaret Ave
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4
BEDROOMS
3
BATHROOMS
3
KITCHENS
8
ROOMS
X11913208
MLSID
Contact Us
Property Description
Welcome to 299 Margaret Ave. Freehold Triplex Offering Great Opportunity for investors or homeowners looking to renovate and increase property value. Conveniently located near schools, parks. and shopping centers. Family-friendly neighbourhood with a strong sense of community. **EXTRAS** AS PER SCHEDULE "B"
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Lot Size
40' x 100'
Fronting
West
Taxes
$4,992 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain11.02' x 4.43'
DiningMain8.76' x 12.40'
LivingMain10.76' x 15.65'
KitchenMain8.43' x 10.86'
Kitchen2nd8.43' x 10.86'
Dining2nd9.81' x 10.93'
Br2nd7.94' x 9.55'
2nd Br2nd6.73' x 10.47'
Peterborough Market Statistics
Peterborough Price Trend
299 Margaret Ave is a 4-bedroom 3-bathroom home listed for sale at $599,900, which is $63,975 (9.6%) lower than the average sold price of $663,875 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Peterborough declined by $76,125 (10.3%) compared to the previous 30 day period (December 22 - January 20) and down $122,425 (15.6%) from the same time one year ago.
Inventory Change
There were 18 4-bedroom homes listed in Peterborough over the last 30 days (January 21 - February 19), which is up 12.5% compared with the previous 30 day period (December 22 - January 20) and up 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Peterborough typically sold ($24,212) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,453 decrease compared to the previous 30 day period (December 22 - January 20) and ($7,330) 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 (January 21 - February 19) stood at 44.4%, up from 31.2% over the previous 30 days (December 22 - January 20) and down from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Peterborough stood at 34 days when successfully sold over the last 30 days (January 21 - February 19), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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