375 Edison Ave
Otonabee, Peterborough, K9J 4G4
FOR SALE
$569,900
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS7 + 5
ROOMSX11942056
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Property Description
Located in a central, commuter-friendly area, this home offers a winning combination of convenience, comfort and additional income potential. This extensively updated bungalow that blends modern style with functionality is perfect for first-time homebuyers, a small family, or savvy investors. The thoughtfully designed main floor includes a stylish kitchen with tiled backsplash, stainless steel appliances, and a custom live edge breakfast bar. Enjoy original hardwood floors throughout, main floor laundry, three spacious bedrooms, and a private fully fenced backyard. The fully finished basement features a separate entrance, creating an ideal one-bedroom apartment for rental income or an in-law suite. With its own modern kitchen, cozy living area, 3 piece bath, and private laundry this space is move-in ready for tenants, guests or family members. From inside out, this home has seen all the updates including a new roof, vinyl siding, eaves, facia, exterior man and sliding doors, rear deck. The interior is no short fall with a brand new kitchen, bathroom, 200 AMP electrical, central air, and a full basement renovation in 2021. If you're looking for comfort and security, 375 Edison should be the one for you.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-16 | 2024-11-18 | 63 | $574,500 | - | Terminated |
Property Features
Fenced Yard, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
38' x 98'
Acreage
< .50
Fronting
South
Taxes
$3,133 (2024)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 11.29' x 8.63' | Renovated, Breakfast Bar, Custom Backsplash |
Living | Main | 13.06' x 13.98' | Hardwood Floor |
Prim Bdrm | Main | 10.50' x 10.79' | Hardwood Floor |
Br | Main | 8.43' x 10.79' | Hardwood Floor |
Br | Main | 10.37' x 8.63' | Hardwood Floor |
Bathroom | Main | 4.69' x 8.63' | 4 Pc Bath, Porcelain Floor |
Foyer | Main | 3.77' x 4.95' | |
Kitchen | Bsmt | 15.39' x 12.07' | |
Living | Bsmt | 9.06' x 10.89' | |
Br | Bsmt | 8.56' x 10.53' | |
Br | Bsmt | 9.09' x 13.22' | |
Bathroom | Bsmt | 5.35' x 7.55' | 3 Pc Bath |
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Peterborough Market Statistics
Peterborough Price Trend
375 Edison Ave is a 3-bedroom 2-bathroom home listed for sale at $569,900, which is $23,115 (3.9%) lower than the average sold price of $593,015 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Peterborough increased by $7,054 (1.2%) compared to the previous 30 day period (November 19 - December 18) and up $5,106 (0.9%) from the same time one year ago.Inventory Change
There were 22 3-bedroom homes listed in Peterborough over the last 30 days (December 19 - January 17), which is down 50.0% compared with the previous 30 day period (November 19 - December 18) and up 10.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($18,783) (3.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $9,203 decrease compared to the previous 30 day period (November 19 - December 18) and ($16,678) 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 3-bedroom homes in Peterborough over the last 30 days (December 19 - January 17) stood at 118.2%, up from 59.1% over the previous 30 days (November 19 - December 18) and down from 165.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Peterborough stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 United Realty Inc.
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