148 Queen St

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148 Queen St, New Tecumseth
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
N4101467
MLSID
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Property Description
Attention Investors! This 2 Unit Income Property Has Great Cash Flow, Great Tenants Willing To Stay. 3 Bed Top Unit Renting For $1500/Month And 2 Bed Lower Unit Renting For $1250/Month. Lower Unit Has Separate Entrance And Access To The Garage. Close To All Amenities. Newer Ac And Furnace (2016) Great Location In New Tecumseh Near The Honda Manufacturing Plant, Income Statement Is Attached.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-03-06 2019-03-26 26 $464,900 $437,500 Sold
2019-03-04 2019-03-26 21 $464,900 $437,500 Sold
Extras
2 Fridges, 2 Stoves, Washer And Dryer
Property Features
Level, Library, School
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
13' x 30'
Lot Irregularities
* Essa Twp Pt 2 51R14129 Essa
Fronting
North
Taxes
$2,805 (2017)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.17' x 10.99'Ceramic Floor, Open Concept, Picture Window
DiningMain10.50' x 11.98'Laminate, Open Concept, Picture Window
LivingMain10.99' x 11.98'Laminate, Open Concept, B/I Shelves
MasterMain10.83' x 13.12'Laminate, B/I Closet, W/O To Deck
2nd BrMain9.84' x 14.11'Laminate, B/I Closet
3rd BrMain9.42' x 9.68'Laminate, B/I Closet
4th BrLower11.98' x 22.97'Laminate, W/I Closet, Above Grade Window
5th BrLower11.98' x 10.17'Laminate, Closet, Above Grade Window
New Tecumseth Market Statistics
New Tecumseth Price Trend
148 Queen St is a 3-bedroom 2-bathroom home listed for sale at $399,900, which is $523,850 (56.7%) lower than the average sold price of $923,750 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth increased by $114,707 (14.2%) compared to the previous 30 day period (February 24 - March 24) and down $10,000 (1.1%) from the same time one year ago.
Inventory Change
There were 36 3-bedroom homes listed in New Tecumseth over the last 30 days (March 25 - April 23), which is down 14.3% compared with the previous 30 day period (February 24 - March 24) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($6,331) (0.7%) below asking price over the last 30 days (March 25 - April 23), which represents a $3,820 increase compared to the previous 30 day period (February 24 - March 24) and ($37,899) 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 3-bedroom homes in New Tecumseth over the last 30 days (March 25 - April 23) stood at 77.8%, up from 54.8% over the previous 30 days (February 24 - March 24) and down from 77.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in New Tecumseth stood at 13 days when successfully sold over the last 30 days (March 25 - April 23), compared to 37 days before being removed from the market upon being suspended or terminated.
Listing contracted with Rock Star Real Estate Inc., Brokerage
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