865-867 Water St
Northcrest, Peterborough, K9H 3P1
FOR SALE
$799,900
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5
BEDROOMS4
BATHROOMS3
KITCHENS12
ROOMSX8317308
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Property Description
Attention investors seeking a turnkey property: This building features a main floor 1-bedroom unit with an open-concept layout, including a living room, kitchen, 4-piece bathroom, and laundry. There are two 2-bedroom units. One includes a spacious living room, kitchen, two bedrooms, a 4-piece bathroom, laundry, and an unfinished attic for storage. The other is a 2-storey unit with a kitchen, living room, 2-piece bathroom, and bedroom on the main floor, with a second bedroom and 3-piece bathroom on the upper floor. This unit has basement access for laundry, with a separate walk-up entrance for convenience to service furnace and electrical. All units boast updated kitchens, flooring, and bathrooms, as well as their own laundry facilities. Windows are approximately 10 years old, with a metal roof installed 4 years ago and new shingles in 2024. Outside, there's a stamped concrete walkway and large parking area with 5 spots. Tenants are responsible for hydro and water, while the landlord covers heat.
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Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Fronting
East
Taxes
$4,536 (2023)
Basement
W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.34' x 17.36' | |
| Kitchen | Main | 7.58' x 20.64' | |
| Br | Main | 11.52' x 14.93' | |
| Foyer | Main | 16.08' x 6.14' | |
| Living | 2nd | 12.66' x 14.60' | |
| Kitchen | 2nd | 13.71' x 20.41' | |
| Prim Bdrm | 2nd | 12.57' x 10.43' | |
| 2nd Br | 2nd | 11.75' x 10.47' | |
| Kitchen | Main | 14.27' x 14.37' | |
| Living | Main | 11.75' x 16.50' | |
| Prim Bdrm | 2nd | 15.22' x 9.81' | |
| Br | 2nd | 10.99' x 12.04' |
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Peterborough Market Statistics
Peterborough Price Trend
865-867 Water St is a 5-bedroom 4-bathroom home listed for sale at $799,900, which is $319,900 (66.6%) higher than the average sold price of $480,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Peterborough declined by $429,500 (47.2%) compared to the previous 30 day period (March 15 - April 13) and down $505,000 (51.3%) from the same time one year ago.Inventory Change
There were 6 5-bedroom homes listed in Peterborough over the last 30 days (April 14 - May 13), which is up 50.0% compared with the previous 30 day period (March 15 - April 13) and up 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Peterborough typically sold ($19,900) (4.1%) below asking price over the last 30 days (April 14 - May 13), which represents a $35,050 increase compared to the previous 30 day period (March 15 - April 13) and ($19,500) 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 14 - May 13) stood at 16.7%, down from 100.0% over the previous 30 days (March 15 - April 13) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Peterborough stood at 108 days when successfully sold over the last 30 days (April 14 - May 13), compared to 39 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Eastern Realty
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