40 Park Cres

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40 Park Cres, New Tecumseth
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
N4077949
MLSID
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Property Description
Great Opportunity For First Time Home Buyers Or Those Looking To Downsize. Detached Bungalow On Large In Town Lot (50X160). Bright, Spacious Kitchen, 3 Bedrooms, 2 1/2 Baths. New Gas Heating System. Finished Basement With 2 Piece Bath. Separate Side & Back Entrance. Opportunity For In-Law Suite.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-05-08 2020-05-29 21 $559,990 $540,000 Sold
Extras
Large Storage Shed In Backyard. Paved Driveway With Space For Six Cars. Walk To Schools & Shopping. Mature Area, Quiet Street. Don't Miss It!
Property Features
Park, Rec Centre, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
50' x 160'
Fronting
West
Taxes
$2,727 (2017)
Basement
Finished, Full
Exterior
Alum Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.15' x 27.33'Family Size Kitchen, Walk-Out, Pantry
LivingMain11.15' x 17.22'Broadloom
DiningMain7.64' x 10.50'Separate Rm
MasterMain11.15' x 11.38'Broadloom, Closet, 4 Pc Ensuite
2nd BrMain9.32' x 11.15'W/I Closet, Broadloom
3rd BrMain8.07' x 9.32'W/I Closet, Broadloom
RecLower15.65' x 25.00'Pot Lights, Broadloom
GamesLower10.24' x 18.47'Broadloom, Closet
New Tecumseth Market Statistics
New Tecumseth Price Trend
40 Park Cres is a 3-bedroom 3-bathroom home listed for sale at $509,900, which is $392,445 (43.5%) lower than the average sold price of $902,345 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth declined by $31,613 (3.4%) compared to the previous 30 day period (February 9 - March 9) and down $49,451 (5.2%) from the same time one year ago.
Inventory Change
There were 41 3-bedroom homes listed in New Tecumseth over the last 30 days (March 10 - April 8), which is down 4.7% compared with the previous 30 day period (February 9 - March 9) and up 13.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($4,438) (0.5%) below asking price over the last 30 days (March 10 - April 8), which represents a $13,562 increase compared to the previous 30 day period (February 9 - March 9) and ($39,448) 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 10 - April 8) stood at 75.6%, up from 55.8% over the previous 30 days (February 9 - March 9) and up from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in New Tecumseth stood at 13 days when successfully sold over the last 30 days (March 10 - April 8), compared to 52 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker Ronan Realty, Brokerage
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A great and inviting Adult Lifestyle Community Nestled Amongst the scenic rolling hills of Tottenham. This open concept bungalow is situated on a quiet court close to the main entrance and a short walk to the community rec center, featuring a swimming pool sauna, workout room plus a party room in the main Hall. Wonderful community with great neighbours with like interests.
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