88 Lorraine Cres

Westgate, Brampton, L6S 2R7
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88 Lorraine Cres, Brampton
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3 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
W4068052
MLSID
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Property Description
Beautiful Det Home With Fin Bsmt & Gar On Huge Lot On Quiet Cres Minutes From Hwy410 & Bramalea City Centre. Home Was Extensively Renod A Few Years Ago. Main Level Has Sunken Fam Rm, Dining Rm, Kit & Powder Rm. Bsmt Which Has A Sep Ent Has A Rec Room With All Brick Corner F/P & Cosy Bdrm, 3 Piece Washroom & Fin. Kitchenette. 2nd Floor Has 3 Bdrms, 5 Pc & 4Pc Washrooms.
Extras
2 Fridges, Stove Built-In Dishwasher, Washer, Dryer. On The Outside There Is A Garden Shed, A Square Gazebo, A 2 Level Patio And Parking For 6 Cars In The Double Driveway, And Covered Front Porch. New Furnace And A/C In 2017.
Property Features
Lake/Pond, Park
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
50' x 120'
Fronting
South
Taxes
$4,026 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround12.99' x 17.29'Hardwood Floor, Bow Window, Sunken Room
DiningGround10.86' x 11.19'Ceramic Floor, W/O To Deck
KitchenGround9.25' x 12.01'Ceramic Floor, Ceramic Back Splash, Renovated
Master2nd12.50' x 13.19'Broadloom, 5 Pc Ensuite, W/I Closet
Br2nd10.10' x 12.47'Broadloom, B/I Closet
Br2nd9.97' x 10.10'Hardwood Floor, B/I Closet
RecBsmt12.07' x 18.70'Broadloom, Brick Fireplace, Double Doors
BrBsmt8.92' x 9.65'Broadloom, B/I Closet
KitchenBsmt8.53' x 8.63'Ceramic Floor
Brampton Market Statistics
Brampton Price Trend
88 Lorraine Cres is a 3-bedroom 4-bathroom home listed for sale at $650,000, which is $320,971 (33.1%) lower than the average sold price of $970,971 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 3 bedroom home in Brampton increased by $2,363 (0.2%) compared to the previous 30 day period (February 23 - March 23) and down $48,381 (4.7%) from the same time one year ago.
Inventory Change
There were 352 3-bedroom homes listed in Brampton over the last 30 days (March 24 - April 22), which is up 17.7% compared with the previous 30 day period (February 23 - March 23) and up 38.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Brampton typically sold $263 (0.0%) above asking price over the last 30 days (March 24 - April 22), which represents a $12,385 decrease compared to the previous 30 day period (February 23 - March 23) and $28,271 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 Brampton over the last 30 days (March 24 - April 22) stood at 64.5%, up from 53.2% over the previous 30 days (February 23 - March 23) and down from 87.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Brampton stood at 12 days when successfully sold over the last 30 days (March 24 - April 22), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc., Brokerage
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Detached House With 3 Separate units**Main Floor Features Kitchen, Living, 2 Bdrms and 3 pc Bath, Laundry**2nd Floor features Kitchen, Living, bdrm and 3pc bath**Basement W/Separate Entrance features kitchen, Laundry and living/bdrm**In High Demand Old Downtown Brampton**Set On A 40 Ft Lot With Large Front Yard & Mature Trees**Laminate Floors**Great Location Close To Transit, Shops, Schools, Government Offices, Memorial Park, Hospital, Rose Theatre & More**Currently Tenanted upper levels / Bsmt is vacant**Will Make A Great Investment Property or single family home main and upper level with bsmt income.
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