447 Edison Ave
Otonabee, Peterborough, K9J 4G4
FOR SALE
$559,900
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 7
ROOMSX9355566
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Property Description
Welcome to affordable home ownership! Buy and occupy one apartment in this lovely legal two unit bungalow means 100% of the annual rental fee can be added to your own annual income to help qualify for a mortgage. The 1060 sq. ft. main floor 3 bedroom apartment has been freshly painted throughout with new flooring, and a sunny eat in kitchen. Neat and tidy 1130 sq. ft. two bedroom accessory apartment in the lower level. Located in a quiet south end location within walking distance of most amenities. Don't miss this opportunity to have the best of both worlds!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 1998-10-25 | 1998-10-01 | 21 | $124,900 | $116,000 | Sold |
Property Features
Arts Centre, Beach, Campground, Golf, Grnbelt/Conserv, Hospital
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 82'
Acreage
< .50
Fronting
South
Taxes
$4,015 (2024)
Basement
Apartment, Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.82' x 6.17' | |
| Kitchen | Main | 9.68' x 13.42' | Eat-In Kitchen |
| Living | Main | 11.32' x 17.59' | |
| Prim Bdrm | Main | 10.43' x 11.09' | |
| Br | Main | 9.42' x 10.43' | |
| Br | Main | 9.25' x 9.68' | |
| Bathroom | Main | 4.99' x 10.43' | 4 Pc Bath |
| Kitchen | Bsmt | 7.51' x 10.99' | |
| Living | Bsmt | 12.60' x 16.67' | |
| Br | Bsmt | 7.74' x 12.83' | |
| Br | Bsmt | 7.68' x 12.01' | |
| Bathroom | Bsmt | 4.99' x 7.84' | 4 Pc Bath |
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Peterborough Market Statistics
Peterborough Price Trend
447 Edison Ave is a 3-bedroom 2-bathroom home listed for sale at $559,900, which is $449 (0.1%) 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 2-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 Century 21 United Realty Inc.
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