714 Water St
Downtown, Peterborough, K9H 3N3
FOR SALE
$499,990
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5
BEDROOMS2
BATHROOMS2
KITCHENS11
ROOMSX9352256
MLSIDContact Us
Property Description
Prime Rental Location. All brick 2 Unit building consiting of a main floor 3 Bedroom (Rented for $1083 a month) and an Upper 2 Bedroom Unit (Rented for $1207 a month). Both tenants are long term and would be interested in staying. Close to shopping, Trent University and Public Transit.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-16 | 2024-09-16 | 123 | $530,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
34' x 115'
Fronting
East
Taxes
$379,801 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Peterborough Market Statistics
Peterborough Price Trend
714 Water St is a 5-bedroom 2-bathroom home listed for sale at $499,990, which is $130,010 (20.6%) lower than the average sold price of $630,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 5 bedroom home in Peterborough declined by $41,385 (6.2%) compared to the previous 30 day period (July 22 - August 20) and up $378,902 (150.9%) from the same time one year ago.Inventory Change
There were 7 5-bedroom homes listed in Peterborough over the last 30 days (August 21 - September 19), which is down 30.0% compared with the previous 30 day period (July 22 - August 20) and up 600.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Peterborough typically sold ($9,000) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $1,642 increase compared to the previous 30 day period (July 22 - August 20) and ($5,984) 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 5-bedroom homes in Peterborough over the last 30 days (August 21 - September 19) stood at 42.9%, down from 70.0% over the previous 30 days (July 22 - August 20) and down from 41,600.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Peterborough stood at 40 days when successfully sold over the last 30 days (August 21 - September 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Eastern Realty
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