1450 Margaret Cres

FOR SALE
$1,172,000
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
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1450 Margaret Cres
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1450 Margaret Cres
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1450 Margaret Cres
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
S8385380
MLSID
Contact Us
Property Description
Bring The Whole Family For This 4+1 Bed, 3 Bath Home Nestled On A 1 Acre Lot On A Quiet Family Friendly Street In A Great Neighborhood. This Home Is Remarkable. A Design/Build By Dave Lalonde With Efficiency And Style In Mind. Features A 28x25 Heated Garage And Attached Carport, Perfect For All Of Your Toys. 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, 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 For The Whole Family To Enjoy.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-17 2024-05-29 12 $1,199,900 - Terminated
2024-03-22 2024-05-17 56 $1,259,900 - Terminated
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
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 $1,172,000, which is $332,000 (39.5%) higher than the average sold price of $840,000 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 4 bedroom home in Penetanguishene increased by $325,000 (63.1%) compared to the previous 30 day period (July 9 - August 7) and up $157,500 (23.1%) from the same time one year ago.
Inventory Change
There were 7 4-bedroom homes listed in Penetanguishene over the last 30 days (August 8 - September 6), which is down 0.0% compared with the previous 30 day period (July 9 - August 7) and up 133.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Penetanguishene typically sold ($9,990) (1.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $90 decrease compared to the previous 30 day period (July 9 - August 7) and ($41,950) 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 (August 8 - September 6) stood at 14.3%, down from 42.9% over the previous 30 days (July 9 - August 7) and down from 133.3% 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 90 days when successfully sold over the last 30 days (August 8 - September 6), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Co-Elevation Realty
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