585 Paterson St
Downtown, Peterborough, K9J 4P9
FOR SALE
$534,900
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Property Description
Welcome to this delightful, recently renovated 2-bedroom, 1-bathroom home, ideally located in a friendly neighbourhood close to all the amenities you need. As you step inside, you'll immediately appreciate the bright and airy feel, enhanced by fresh paint, new flooring, and updated main floor. One of the standout features of this home is the open-concept kitchen and living room, which has been completely redesigned for both functionality and style. The spacious living area is perfect for relaxing or entertaining, with large windows that fill the space with natural light and seamless flow into the kitchen. The clean lines and neutral tones create a warm, welcoming atmosphere throughout. The newly renovated bathroom features modern finishes, heated floors, a stylish vanity, updated fixtures, and a new tub. The design is fresh and sleek, providing the perfect spot to unwind at the end of the day. Outside, you'll find a large deck that's perfect for summer barbecues, outdoor dining, or simply enjoying a cup of coffee in the morning. The fully fenced yard offers privacy and a safe space for children or pets to play, with plenty of room for gardening, lounging, or creating your own outdoor oasis. This home is situation in a desirable neighbourhood that is just minutes from shopping, dining, parks, and public transportation, offering convenience and ease for daily living. Whether you're a first-time homebuyer, a downsizer, or simply seeking a low-maintenance property, this home is a perfect fit. Don't miss the opportunity to make this beautifully updated home your own - schedule a showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2004-04-14 | 2004-04-23 | 11 | $117,000 | $117,000 | Sold |
| 2002-10-03 | 2003-02-07 | 128 | $99,000 | $95,000 | Sold |
Extras
Renovations in 2023 include structural improvements, flooring, new plumbing, duct work, electrical and furnace. Main floor and bathroom have been completely renovated and updated.
Property Features
Fenced Yard, Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
30' x 102'
Acreage
< .50
Fronting
South
Taxes
$2,554 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding
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 |
|---|---|---|---|
| Kitchen | Main | 13.12' x 12.80' | |
| Living | Main | 16.73' x 11.48' | |
| Laundry | Main | 7.51' x 10.93' | |
| Br | 2nd | 14.40' x 10.33' | |
| 2nd Br | 2nd | 11.75' x 8.17' | |
| Bathroom | 2nd | 9.51' x 10.17' | 4 Pc Bath |
| Utility | Bsmt | 23.59' x 15.85' |
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Peterborough Market Statistics
Peterborough Price Trend
585 Paterson St is a 2-bedroom 1-bathroom home listed for sale at $534,900, which is $35,460 (6.2%) 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 1-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 Century 21 United Realty Inc.
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