785 George St N
Northcrest, Peterborough, K9H 3T2
FOR SALE
$519,000
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5
BEDROOMS3
BATHROOMS1
KITCHENS8
ROOMSX8257692
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Property Description
Attention Investors: Incredible Turn Key Investment Opportunity! Tenanted Student Housing Five Bedroom Home On The Peterborough Transit/Trent Route, Walking Distance To Downtown Peterborough Shops, Restaurants & Nearby Hiking Trails. Average Monthly Gross Income Of $2850. Large Lot Fronting On Two Streets With R1 & R2 Zoning - Potential For Expanding (Visit Peterborough City Website Regarding Secondary Suite Info).
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-20 | 2024-04-22 | 33 | $529,000 | - | Terminated |
| 2019-08-07 | 2019-08-09 | 5 | $399,000 | $385,000 | Sold |
| 2018-03-15 | 2018-03-19 | 7 | $284,900 | $320,000 | Sold |
| 2022-06-08 | 2022-07-12 | 34 | $575,000 | - | Terminated |
| 2022-05-13 | 2022-06-08 | 26 | $599,000 | - | Terminated |
| 2022-04-21 | 2022-05-13 | 22 | $615,000 | - | Terminated |
| 2022-03-15 | 2022-04-21 | 37 | $649,000 | - | Terminated |
| 2022-03-08 | 2022-03-14 | 6 | $549,000 | - | Terminated |
Extras
Storage Shed On Lot (AS-IS), HWT (Owned), Fridge, Stove, Washer, Dryer, Built-In Microwave, ELFs.
Property Features
Library, Park, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
66' x 90'
Acreage
< .50
Lot Irregularities
Lot Measurements As Per Mpac
Fronting
East
Taxes
$3,337 (2023)
Basement
Crawl Space
Exterior
Brick, Vinyl Siding
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 | 8.99' x 9.35' | Open Concept, Window, Laminate |
| Living | Main | 16.14' x 10.17' | Open Concept, Window, Laminate |
| Mudroom | Main | 7.51' x 10.50' | Walk-Out, Laminate |
| Br | Main | 10.99' x 10.01' | Closet, Window, Laminate |
| 2nd Br | Main | 9.42' x 11.38' | Closet, Window, Laminate |
| 3rd Br | Upper | 10.01' x 10.01' | Closet, Window, Hardwood Floor |
| 4th Br | Upper | 7.61' x 10.01' | Closet, Window, Hardwood Floor |
| 5th Br | Upper | 14.50' x 11.61' | Closet, Window, Hardwood Floor |
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Peterborough Market Statistics
Peterborough Price Trend
785 George St N is a 5-bedroom 3-bathroom home listed for sale at $519,000, which is $247,333 (32.3%) lower than the average sold price of $766,333 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 5 bedroom home in Peterborough declined by $143,167 (15.7%) compared to the previous 30 day period (March 6 - April 4) and down $293,667 (27.7%) from the same time one year ago.Inventory Change
There were 4 5-bedroom homes listed in Peterborough over the last 30 days (April 5 - May 4), which is down 0.0% compared with the previous 30 day period (March 6 - April 4) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Peterborough typically sold ($43,266) (5.6%) below asking price over the last 30 days (April 5 - May 4), which represents a $11,684 increase compared to the previous 30 day period (March 6 - April 4) and ($20,000) 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 (April 5 - May 4) stood at 75.0%, up from 50.0% over the previous 30 days (March 6 - April 4) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Peterborough stood at 90 days when successfully sold over the last 30 days (April 5 - May 4), compared to 39 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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