299 Margaret Ave
Downtown, Peterborough, K9J 5H1
FOR SALE
$619,900
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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.
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Extras
AS PER SCHEDULE "B"
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Property Details
Street
Community
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 11.02' x 4.43' | |
Dining | Main | 8.76' x 12.40' | |
Living | Main | 10.76' x 15.65' | |
Kitchen | Main | 8.43' x 10.86' | |
Kitchen | 2nd | 8.43' x 10.86' | |
Dining | 2nd | 9.81' x 10.93' | |
Br | 2nd | 7.94' x 9.55' | |
2nd Br | 2nd | 6.73' x 10.47' |
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Peterborough Market Statistics
Peterborough Price Trend
299 Margaret Ave is a 4-bedroom 3-bathroom home listed for sale at $619,900, which is $179,700 (22.5%) lower than the average sold price of $799,600 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Peterborough increased by $143,743 (21.9%) compared to the previous 30 day period (November 19 - December 18) and up $45,725 (6.1%) from the same time one year ago.Inventory Change
There were 13 4-bedroom homes listed in Peterborough over the last 30 days (December 19 - January 17), which is up 44.4% compared with the previous 30 day period (November 19 - December 18) and up 44.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Peterborough typically sold ($24,960) (3.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $9,489 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,425) 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 4-bedroom homes in Peterborough over the last 30 days (December 19 - January 17) stood at 38.5%, down from 77.8% over the previous 30 days (November 19 - December 18) and down from 88.9% 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 63 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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