38 Colborne St W

O'Neill, Oshawa, L1G 1L5
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38 Colborne St W, Oshawa
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4 + 2
BEDROOMS
4
BATHROOMS
2
KITCHENS
11
ROOMS
E3925300
MLSID
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Property Description
Excellent Investment Opportunity. Newly Renovated Legal Duplex Centrally Located -Minutes To University, 401, Downtown Oshawa All Brick. Excellent Cash Flow Potential. 2 Units-2 Hydro Meters, Unit #1 Has 2 Bedrooms, Unit #2 Has 4 Bedrooms. Newly Renovated Kitchens And Bathrooms. Large Partially Finished Basement /Separate Entrance. Market Rents Approx $1500 + $ 1,100.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-09-10 2019-09-13 3 $3,700 - Terminated
Extras
Electric Light Fixtures. Appliances Excluded But Can Possibly Be Negotiated With Offer. Complete Legal Description: Pt Lt 2 N/S Colborne St Pl H50002 Oshawa As In D363587; Oshawa
Property Details
Community
City
Property Type
Detached, 3-Storey
Lot Size
42' x 76'
Fronting
North
Taxes
$3,704 (2017)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.34' x 14.34'Renovated, Laminate
LivingMain11.19' x 12.04', Laminate
MasterMain12.01' x 15.88', Laminate
BrMain10.60' x 11.98', Laminate
DenMain6.23' x 7.87', Laminate
Kitchen2nd11.29' x 12.40'Renovated, Laminate
Br2nd8.20' x 18.14', Laminate
Br2nd9.12' x 12.73', Laminate
Br3rd8.01' x 11.61', Laminate
Br3rd10.56' x 10.73', Laminate
Living3rd8.83' x 13.29', Laminate
Oshawa Market Statistics
Oshawa Price Trend
38 Colborne St W is a 4-bedroom 4-bathroom home listed for sale at $448,000, which is $650,904 (59.2%) lower than the average sold price of $1,098,904 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Oshawa declined by $28,788 (2.6%) compared to the previous 30 day period (February 9 - March 9) and down $12,248 (1.1%) from the same time one year ago.
Inventory Change
There were 83 4-bedroom homes listed in Oshawa over the last 30 days (March 10 - April 8), which is up 10.7% compared with the previous 30 day period (February 9 - March 9) and down 5.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold $39,891 (3.6%) above asking price over the last 30 days (March 10 - April 8), which represents a $29,197 increase compared to the previous 30 day period (February 9 - March 9) and $19,063 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 4-bedroom homes in Oshawa over the last 30 days (March 10 - April 8) stood at 71.1%, up from 69.3% over the previous 30 days (February 9 - March 9) and down from 78.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oshawa stood at 12 days when successfully sold over the last 30 days (March 10 - April 8), compared to 37 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Heritage Realty Ltd., Brokerage
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