889 Western Ave
Otonabee, Peterborough, K9J 5W1
FOR SALE
$524,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX9387666
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Property Description
Attention Investors!!! Package Deal!!! Single family detached home AND separate building lot, zoned R2. Completely renovated in 2020. 1 bedroom, 1 bath bungalow. Renovations include: siding, soffit, fascia, eaves, windows, doors, floors, trim, paint, kitchen & bath. Gas heat, central air, gas HWT (Owned), detached 1.5 car garage to be moved or torn down as per severance agreement. Final severance has been approved by the city, subject to relocation of side door to back and demolition or repositioning of garage. Terrific long term tenant willing to stay on.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
61' x 124'
Fronting
West
Taxes
$2,799 (2023)
Basement
Full, Unfinished
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.51' x 10.01' | |
| Living | Main | 9.97' x 12.17' | |
| Dining | Main | 9.15' x 9.97' | |
| Br | Main | 8.17' x 9.97' |
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Peterborough Market Statistics
Peterborough Price Trend
889 Western Ave is a 1-bedroom 1-bathroom home listed for sale at $524,900, which is $101,150 (23.9%) higher than the average sold price of $423,750 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom home in Peterborough declined by $91,250 (17.7%) compared to the previous 30 day period (September 1 - September 30) and up $141,375 (50.1%) from the same time one year ago.Inventory Change
There were 6 1-bedroom homes listed in Peterborough over the last 30 days (October 1 - October 30), which is down 0.0% compared with the previous 30 day period (September 1 - September 30) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Peterborough typically sold ($16,150) (3.8%) below asking price over the last 30 days (October 1 - October 30), which represents a $32,150 decrease compared to the previous 30 day period (September 1 - September 30) and ($12,750) 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 1-bedroom homes in Peterborough over the last 30 days (October 1 - October 30) stood at 33.3%, up from 16.7% over the previous 30 days (September 1 - September 30) and down from 133.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom home in Peterborough stood at 49 days when successfully sold over the last 30 days (October 1 - October 30), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Mincom Kawartha Lakes Realty Inc.
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