573 Steele Ave
Otonabee, Peterborough, K9J 5A2
FOR SALE
$564,900
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BEDROOMS2
BATHROOMS1
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Property Description
This charming brick bungalow offers the perfect opportunity for both the downsizing and first-time home buyer. Bright main floor welcomes you home, with hardwood floors, updated kitchen and easy flow to both dining and living rooms. Two cozy main floor bedrooms are complimented by a third lower-level bedroom and spacious recreation room, make it your own or consider multi-family options through the separate back-entry with porch. Spacious fenced corner lot features lovingly cared for fruit trees, gardens, newer wired and lofted garden shed and paved 34'x45' double driveway. Recent updates include roof shingles (2023), exterior parging (2024), FAG furnace and central air. The ideal south-end location offers easy access to transit, schools, shopping, Otonabee River and HWY 115. Look no further, you've found "the" home to start making your 2025 memories in!
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Property Features
Cul De Sac, Fenced Yard, Hospital, Library, Park, Place Of Worship
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 100'
Acreage
< .50
Fronting
West
Taxes
$3,701 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.15' x 17.55' | |
Dining | Main | 8.83' x 9.22' | |
Kitchen | Main | 8.83' x 8.23' | |
Prim Bdrm | Main | 9.91' x 11.15' | |
Br | Main | 8.50' x 11.06' | |
Br | Bsmt | 10.50' x 8.66' | |
Rec | Bsmt | 9.97' x 25.98' |
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Peterborough Market Statistics
Peterborough Price Trend
573 Steele Ave is a 2-bedroom 2-bathroom home listed for sale at $564,900, which is $5,460 (1.0%) lower than the average sold price of $570,360 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Peterborough increased by $31,655 (5.9%) compared to the previous 30 day period (November 19 - December 18) and down $2,640 (0.5%) from the same time one year ago.Inventory Change
There were 13 2-bedroom homes listed in Peterborough over the last 30 days (December 19 - January 17), which is down 38.1% compared with the previous 30 day period (November 19 - December 18) and up 44.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Peterborough typically sold ($12,519) (2.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,664 decrease compared to the previous 30 day period (November 19 - December 18) and ($23,635) 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 (December 19 - January 17) stood at 76.9%, down from 161.9% over the previous 30 days (November 19 - December 18) and down from 111.1% 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 25 days when successfully sold over the last 30 days (December 19 - January 17), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Eastern Realty
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