734 GEORGE St N
Northcrest, Peterborough, K9H 3T3
FOR SALE
$670,000
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Property Description
Attention Investors and First-Time Buyers! This amazing legal duplex offers a rare opportunity to own a beautifully updated property with both charm and modern convenience. Located steps from the bus route to Trent University, this home boasts a private driveway and right-of-way access to Parkhill, ensuring excellent accessibility. The bright and spacious main floor features 9' ceilings and plenty of natural light. Over the past six years, the property has undergone significant upgrades, including complete rewiring, updated plumbing, modernized kitchens and bathrooms, refinished strip hardwood floors, and energy-efficient low E/argon-filled windows. Conveniently situated near downtown, trails, and parks, this duplex offers fantastic amenities for residents and tenants alike. Additional benefits include separate electrical panels and water meters, a gas furnace, and two hot water tanks (rental). Appliances include 2 fridges, 2 stoves, 2 hood ranges, and a built-in dishwasher. Whether you're an investor seeking reliable rental income or a first-time buyer looking for a home with added income potential, this property is a must-see!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-07-08 | 2021-07-23 | 15 | $599,900 | $624,000 | Sold |
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Lot Size
40' x 84'
Acreage
< .50
Fronting
East
Taxes
$3,817 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.24' x 15.26' | Hardwood Floor |
| Dining | Main | 7.35' x 10.76' | Hardwood Floor |
| Kitchen | Main | 6.33' x 10.99' | Tile Floor |
| Br | Main | 9.42' x 11.32' | Hardwood Floor |
| Living | 2nd | 10.33' x 12.40' | Hardwood Floor |
| Kitchen | 2nd | 10.50' x 10.99' | Tile Floor |
| Br | 2nd | 6.66' x 8.01' | Hardwood Floor |
| Loft | 3rd | 12.66' x 36.32' | Hardwood Floor |
| Mudroom | Main | 8.01' x 9.32' | Hardwood Floor |
| Mudroom | Main | 10.50' x 6.33' | Hardwood Floor |
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Peterborough Market Statistics
Peterborough Price Trend
734 GEORGE St N is a 2-bedroom 2-bathroom home listed for sale at $670,000, which is $99,640 (17.5%) higher 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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