493 King St
Downtown, Peterborough, K9J 2T2
FOR SALE
$739,900
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2 + 3
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 5
ROOMSX8273274
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Property Description
Welcome to this charming and beautifully updated legal duplex located in The Avenues. Did I have you at charming? Good, listen up! Amazing opportunity here to get creative with this unique property that's been recently renovated top to bottom!. Consisting of two separate units, both of which have been well maintained and nicely updated. The main floor unit features 2 bedrooms, a bright & airy front living room, beautifully updated kitchen & eat-in dining area, a full 4PC bath, large windows, basement and/or shop space and a walkout to the fully fenced backyard complete with new grass and a convenient storage shed. Sleep well at night knowing that the unit has been equipped with all new drywall, fire-rated insulation between units and interconnected smoke alarms throughout the home for added safety. The upper unit consists of 3 bedrooms (one of which has been used as a living area), an updated kitchen, a second 4PC bath and a walkout to your own private balcony. More large windows on this level bring in even more natural light! Granite & stainless steel countertops, luxury vinyl flooring throughout and such a great vibe throughout the entire home! Add to that strategic planning and a well thought-out design consisting of separate hydro panels & meters, separate plumbing between both units and separate hot water tanks. A long list of updates throughout including drywall, paint, flooring, trim, kitchens, baths, electrical, plumbing, some windows, furnace and insulation round out the package. You get the idea! Located in a fantastic area of homes, it doesn't get much more family-friendly and centrally located than this. Whether you're looking for a home that offers the potential for supplemental income, an investment, or just something unique, this one could be just what you've been waiting for. Pre-inspected, vacant, full of updates and ready for you to write your next chapter. Don't miss it!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2008-07-05 | 2008-08-12 | 38 | $198,500 | $190,000 | Sold |
Property Features
Fenced Yard, Hospital, Level, Public Transit, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
33' x 90'
Fronting
South
Taxes
$3,767 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | 2nd | 8.04' x 5.18' | 4 Pc Bath |
| Br | 2nd | 10.14' x 6.20' | |
| Den | 2nd | 10.14' x 11.15' | |
| Kitchen | 2nd | 11.25' x 11.12' | |
| Prim Bdrm | 2nd | 10.20' x 10.37' | |
| Bathroom | Main | 9.09' x 4.82' | 4 Pc Bath |
| Br | Main | 9.68' x 8.27' | |
| Br | Main | 11.15' x 8.83' | |
| Dining | Main | 9.06' x 8.30' | |
| Kitchen | Main | 7.97' x 8.83' | |
| Living | Main | 12.14' x 13.98' |
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Peterborough Market Statistics
Peterborough Price Trend
493 King St is a 2-bedroom 2-bathroom home listed for sale at $739,900, which is $71,479 (10.7%) higher than the average sold price of $668,421 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 2 bedroom home in Peterborough increased by $41,518 (6.6%) compared to the previous 30 day period (March 8 - April 6) and up $68,603 (11.4%) from the same time one year ago.Inventory Change
There were 35 2-bedroom homes listed in Peterborough over the last 30 days (April 7 - May 6), which is up 29.6% compared with the previous 30 day period (March 8 - April 6) and up 94.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Peterborough typically sold $2,563 (0.4%) above asking price over the last 30 days (April 7 - May 6), which represents a $12,674 increase compared to the previous 30 day period (March 8 - April 6) and ($1,590) 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 7 - May 6) stood at 54.3%, down from 96.3% over the previous 30 days (March 8 - April 6) and down from 122.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Peterborough stood at 11 days when successfully sold over the last 30 days (April 7 - May 6), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 United Realty Inc.
Similar Listings
Truly, they don't build them like this anymore! Beautiful, character filled century home located within walking distance to restaurants, shops, parks, and trails. All the charm of a past era with today's modern features. High ceilings and hardwood flooring throughout. Large, light filled living and dining area. Updated kitchen and full bathroom complete the main level. Upper level provides three spacious bedrooms with sunroom extending the primary. Newer three piece bathroom is ready to enjoy. And that's not all...self contained, separate entrance, one bedroom rental unit included! Tenant pays their own hydro in this lovely two level apartment with private laundry. Pre-List Home Inspection available for review.
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