1450 Margaret Cres

FOR SALE
$1,259,900
1450 Margaret Cres, Penetanguishene
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
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1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
1450 Margaret Cres
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
12 + 7
ROOMS
S8166024
MLSID
Contact Us
Property Description
Quality Custom One-Of-A-Kind Home On A Park Like 1 Acre Lot. Features A 28x25 Heated Garage And Attached Carport. This Home Is Remarkable. A Design/Build By Dave Lalonde With Efficiency And Style In Mind. Soaring Cathedral Ceilings, 2 Fireplaces, Impressive Kitchen With Sun-Filled Sitting Area, Primary Bedroom Features Ensuite And Walk In Closet. All Rooms Are Spacious And Wait Until You See The Upper Loft Used As A Bedroom And Sitting Area With 3pc Bath. The Basement Is Finished With An Incredible Family Room, Gym, Wine Cellar, Recording Studio, Bedroom And Mudroom Including A Separate Entrance From The Garage. The Yard, Where To Begin-It's Breathtaking With Thousands Invested. Nestled In A Mature Forest It Boasts A Beautiful Greenhouse, Raised Beds With Perennials. So Many Incredible Spaces To Sit And Take It All In. All This And It's In A Great Neighbourhood Minutes To Georgian Bay. You Must View This Property To Truly Appreciate All It's Features You Won't Be Disappointed.
Property Features
Golf, Other, School
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
94' x 300'
Acreage
.50-1.99
Lot Irregularities
52.9X8.4X20.8X12.35X300.5X253.7X267.3Ft
Fronting
West
Taxes
$7,259 (2023)
Basement
Finished, Full
Exterior
Concrete, Other
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain5.15' x 8.43'
LivingMain21.42' x 21.82'
DiningMain11.52' x 14.40'
KitchenMain11.84' x 16.57'
FamilyMain12.34' x 15.85'
LaundryMain5.68' x 7.41'
PantryMain4.17' x 5.68'
Prim BdrmMain12.60' x 15.49'
BrMain12.93' x 14.93'
BrMain11.52' x 13.42'
BrUpper11.09' x 14.99'
SittingUpper12.50' x 14.57'
Penetanguishene Market Statistics
Penetanguishene Price Trend
1450 Margaret Cres is a 4-bedroom 4-bathroom home listed for sale at $1,259,900, which is $362,450 (40.4%) higher than the average sold price of $897,450 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 4 bedroom home in Penetanguishene increased by $163,750 (22.3%) compared to the previous 30 day period (March 4 - April 2) and up $182,450 (25.5%) from the same time one year ago.
Inventory Change
There were 4 4-bedroom homes listed in Penetanguishene over the last 30 days (April 3 - May 2), which is up 300.0% compared with the previous 30 day period (March 4 - April 2) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Penetanguishene typically sold $0 (0.0%) below asking price over the last 30 days (April 3 - May 2), which represents a $28,700 increase compared to the previous 30 day period (March 4 - April 2) and ($34,000) 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 Penetanguishene over the last 30 days (April 3 - May 2) stood at 50.0%, down from 200.0% over the previous 30 days (March 4 - April 2) and up from 25.0% 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 Penetanguishene stood at 63 days when successfully sold over the last 30 days (April 3 - May 2), compared to 233 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Co-Elevation Realty
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