632 Union St
Downtown, Peterborough, K9H 3V5
FOR SALE
$469,900
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2 + 2
BEDROOMS3
BATHROOMS2
KITCHENS8
ROOMSX10431710
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Property Description
Vacant Turnkey Legal Duplex Perfect for Investors or Multi-Family Living! This vacant updated 2-unit property is ideally located on a small, quiet street beside a park, offering the best of tranquility and convenience. Two updated units - 2 bedrooms and 2 bathrooms, and 2 bedrooms and 1 bathroom - this home is move-in ready for tenants or owner-occupiers. The detached 2-car garage adds valuable storage and parking, or rent for extra income. Easy access to transit, Trent University, and Fleming College. Modern finishes and excellent cashflow potential in a high-demand area, this property is an opportunity you don't want to miss - schedule your viewing today! **EXTRAS** Separate hydro meters
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-17 | 2024-11-21 | 65 | $2,100 | - | Terminated |
Property Features
Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 73'
Acreage
< .50
Fronting
East
Taxes
$3,618 (2024)
Basement
Unfinished
Exterior
Vinyl Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
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Peterborough Market Statistics
Peterborough Price Trend
632 Union St is a 2-bedroom 3-bathroom home listed for sale at $469,900, which is $91,246 (16.3%) lower than the average sold price of $561,146 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Peterborough declined by $24,009 (4.1%) compared to the previous 30 day period (December 22 - January 20) and down $5,139 (0.9%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Peterborough over the last 30 days (January 21 - February 19), which is down 21.4% compared with the previous 30 day period (December 22 - January 20) and down 35.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Peterborough typically sold ($11,440) (2.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,241 decrease compared to the previous 30 day period (December 22 - January 20) and ($5,290) 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 2-bedroom homes in Peterborough over the last 30 days (January 21 - February 19) stood at 136.4%, up from 64.3% over the previous 30 days (December 22 - January 20) and up from 123.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Peterborough stood at 50 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Our Neighbourhood Realty Inc.
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