865-867 Water St

FOR SALE
$799,900
865-867 Water St, Peterborough
865-867 Water St
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5
BEDROOMS
4
BATHROOMS
3
KITCHENS
12
ROOMS
X9295519
MLSID
Contact Us
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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-08 2024-08-31 115 $799,900 - Expired
Property Details
Street
Community
Property Type
Triplex, 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
Room Summary
RoomLevelSizeFeatures
LivingMain20.34' x 17.36'
KitchenMain7.58' x 20.64'
BrMain11.52' x 14.93'
FoyerMain16.08' x 6.14'
Living2nd12.66' x 14.60'
Kitchen2nd13.71' x 20.41'
Prim Bdrm2nd12.57' x 10.43'
2nd Br2nd11.75' x 10.47'
KitchenMain14.27' x 14.37'
LivingMain11.75' x 16.50'
Prim Bdrm2nd15.22' x 9.81'
Br2nd10.99' x 12.04'
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 $169,900 (27.0%) higher than the average sold price of $630,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 5 bedroom home in Peterborough declined by $41,385 (6.2%) compared to the previous 30 day period (July 22 - August 20) and up $378,902 (150.9%) from the same time one year ago.
Inventory Change
There were 7 5-bedroom homes listed in Peterborough over the last 30 days (August 21 - September 19), which is down 30.0% compared with the previous 30 day period (July 22 - August 20) and up 600.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Peterborough typically sold ($9,000) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $1,642 increase compared to the previous 30 day period (July 22 - August 20) and ($5,984) 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 (August 21 - September 19) stood at 42.9%, down from 70.0% over the previous 30 days (July 22 - August 20) and down from 41,600.0% 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 40 days when successfully sold over the last 30 days (August 21 - September 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Eastern Realty
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