720 Chemong Rd
Northcrest, Peterborough, K9H 5Y9
FOR SALE
$499,000
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Property Description
This lovely 1 1/2 storey home is perfect for downsizers with its 2 main floor bedrooms and 4 pc bath. All of the flooring has just been replaced and the rooms all have a fresh coat of paint. The kitchen has 3 appliances included and is combined with a spacious dining area. There is a breakfast bar for those quick snacks or a coffee with friends. The living room offers plenty of space for entertaining. The main floor also features a primary bedroom with a walk-in closet as well as a 2nd bedroom. If you dont' need a 3rd bedroom, the upper loft offers lots of possibilities. This home is conveniently located close to parks and shopping as well as numerous restaurants.
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 183'
Fronting
East
Taxes
$3,475 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.84' x 10.93' | Laminate |
| Living | Main | 13.98' x 18.47' | Laminate |
| Dining | Main | 9.91' x 12.76' | Laminate |
| Prim Bdrm | Main | 12.11' x 12.11' | Laminate, W/I Closet |
| 2nd Br | Main | 9.78' x 10.27' | Laminate |
| 3rd Br | Upper | 10.60' x 18.57' | Laminate, Double Closet |
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Peterborough Market Statistics
Peterborough Price Trend
720 Chemong Rd is a 3-bedroom 1-bathroom home listed for sale at $499,000, which is $153,367 (23.5%) lower than the average sold price of $652,367 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Peterborough increased by $38,408 (6.3%) compared to the previous 30 day period (March 15 - April 13) and up $13,389 (2.1%) from the same time one year ago.Inventory Change
There were 96 3-bedroom homes listed in Peterborough over the last 30 days (April 14 - May 13), which is up 71.4% compared with the previous 30 day period (March 15 - April 13) and up 174.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($7,671) (1.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $5,235 decrease compared to the previous 30 day period (March 15 - April 13) and ($4,506) 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 3-bedroom homes in Peterborough over the last 30 days (April 14 - May 13) stood at 51.0%, down from 96.4% over the previous 30 days (March 15 - April 13) and down from 91.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Peterborough stood at 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark First Group Realty Ltd.
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