747 Park St S
Monaghan, Peterborough, K9J 3T5
FOR SALE
$739,900
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Property Description
Location Location Location! Older Downtown Core! Fantastic Investment Opportunity. Two Residential Units R Vacant. Two Dwellings Located On The Large Corner Lot: Includes Residential Dwelling And Commercial Building With Zoning For A Large Variety Of Uses. Currently Vacant.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-10 | 2024-01-31 | 113 | $639,900 | - | Expired |
| 2023-05-23 | 2023-09-30 | 130 | $639,900 | - | Expired |
| 2023-03-03 | 2023-05-23 | 81 | $699,900 | - | Terminated |
| 2022-12-01 | 2023-03-02 | 91 | $699,900 | - | Expired |
| 2022-10-27 | 2022-12-01 | 35 | $729,900 | - | Terminated |
| 2022-07-13 | 2022-10-26 | 105 | $699,900 | - | Terminated |
| 2022-07-13 | 2022-08-18 | 36 | $699,900 | $670,000 | Sold |
Extras
Great Exposure On Busy Main Road. Income Potential Or Family Business; Retail Or Office; Street Or Onsite Parking. Follow Zoning Map For Services Allowed By The City Bylaws. Can Generate 7%+ Income.
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Property Details
Street
Community
City
Property Type
Detached, Other
Fronting
West
Taxes
$7,008 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
35
Driveway
Private
Garage Type
Other
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Peterborough Market Statistics
Peterborough Price Trend
747 Park St S is a 2-bedroom 2-bathroom home listed for sale at $739,900, which is $135,377 (22.4%) higher than the average sold price of $604,523 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Peterborough declined by $33,581 (5.3%) compared to the previous 30 day period (February 27 - March 27) and down $87,070 (12.6%) from the same time one year ago.Inventory Change
There were 31 2-bedroom homes listed in Peterborough over the last 30 days (March 28 - April 26), which is up 6.9% compared with the previous 30 day period (February 27 - March 27) and up 63.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Peterborough typically sold $366 (0.1%) above asking price over the last 30 days (March 28 - April 26), which represents a $1,749 increase compared to the previous 30 day period (February 27 - March 27) and ($5,218) 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 (March 28 - April 26) stood at 67.7%, down from 82.8% over the previous 30 days (February 27 - March 27) and down from 84.2% 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 7 days when successfully sold over the last 30 days (March 28 - April 26), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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