158 Cherrywood Dr

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158 Cherrywood Dr, Newmarket
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3 + 3
BEDROOMS
2
BATHROOMS
2
KITCHENS
6 + 5
ROOMS
N3955686
MLSID
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Property Description
*Turn Key Investment* Legally Registered 3+3 Bedroom Bungalow Will Please First Time Buyers, Downsizers, And Investors Alike. Family Oriented Neighbourhood Across From Detached Homes. Easy To Rent Both Units Or Live On Main Floor While Collecting Reliable Income From Lower Level. Upper Level Is Bright,Spacious And Move In Ready With Updated Bath, Flooring, & Paint. Lower Level Boasts A Private Entrance To A Recently Updated Apartment.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-07 2023-07-21 44 $1,700 $1,700 Leased
2019-06-27 2019-07-12 17 $1,400 $1,400 Leased
Extras
Close To Schools, Malls, Parks, And Just Steps To Public Transit. Roof (2011) Bsmt Update W/New Appliances (2015), Interconnected Smoke Detectors. Incl: 2 Fridges, 2 Stoves, Washer & Dryer, A/C, Shed, All Window Coverings, All Led Elfs.
Property Details
Property Type
Semi-Detached, Bungalow
Lot Size
32' x 95'
Fronting
South
Taxes
$3,247 (2017)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround11.32' x 21.98'Combined W/Dining, Laminate, Window
DiningGround11.32' x 21.98'Combined W/Living, Laminate
KitchenGround8.99' x 14.76'Ceramic Floor, Eat-In Kitchen
MasterGround9.51' x 12.63'Window, Laminate, Double Closet
2nd BrGround7.71' x 11.81'Window, Laminate, Closet
3rd BrGround9.02' x 9.02'Window, Laminate, Closet
KitchenLower6.89' x 8.37'Ceramic Floor
LivingLower10.99' x 17.06'Broadloom, Window
MasterLower8.53' x 13.45'Broadloom, Window, Closet
Newmarket Market Statistics
Newmarket Price Trend
158 Cherrywood Dr is a 3-bedroom 2-bathroom home listed for sale at $618,800, which is $478,878 (43.6%) lower than the average sold price of $1,097,678 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $7,590 (0.7%) compared to the previous 30 day period (February 26 - March 26) and down $18,548 (1.7%) from the same time one year ago.
Inventory Change
There were 67 3-bedroom homes listed in Newmarket over the last 30 days (March 27 - April 25), which is down 1.5% compared with the previous 30 day period (February 26 - March 26) and up 1.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $8,196 (0.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $30,055 decrease compared to the previous 30 day period (February 26 - March 26) and $47,388 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 3-bedroom homes in Newmarket over the last 30 days (March 27 - April 25) stood at 83.6%, up from 51.5% over the previous 30 days (February 26 - March 26) and up from 72.7% 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 Newmarket stood at 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Norman Hill Realty Inc., Brokerage
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