40 Marchand Dr

FOR SALE
$749,000
40 Marchand Dr, Penetanguishene
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
S9352656
MLSID
Contact Us
Property Description
You will love this neighbourhood and this all brick BUNGALOW. 2 bed up, 3 bath detached bungalow located in the prestigious Adult Lifestyle Community in the Desirable Southgate Hills Area of Penetanguishene. This bright bungalow, open concept bungalow, also has a finished basement with a TV/media room or hobby room and 2 additional rooms plus a 4 piece bath on lower level. The home features a covered porch on the front. The backyard has a deck off the kitchen area with privacy of bushes. The double car garage has 2 doors, one into the house or one to the side of the property. The property includes a membership to Park Place Recreation Association Clubhouse right around the corner. The clubhouse gives you access to an indoor pool & hot tub, exercise Room, Party Room for your larger gatherings, Library & billiards room plus the Grass Cutting and snow removal on your property is taken care of all in the total monthly fee of 304.00. This property is within walking distance to Georgian Bay, close to many golf courses, marinas, Penetanguishene town dock and Rotary Park, cycling routes, stores, theatre, restaurants. Bungalows in this area (with grass and snow service and clubhouse membership) rarely come available. Don't wait.
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 121'
Fronting
East
Taxes
$4,616 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Indoor
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrGround12.76' x 12.76'4 Pc Ensuite
Great RmGround11.52' x 26.35', Combined W/Dining, Hardwood Floor
KitchenGround11.42' x 21.65'Breakfast Area
2nd BrMain9.15' x 8.50'
LaundryMain4.99' x 9.32'
3rd BrBsmt15.85' x 11.58'
4th BrBsmt12.17' x 12.24'
FamilyBsmt21.49' x 14.83'
BathroomBsmt4.92' x 4.92'4 Pc Bath
Penetanguishene Market Statistics
Penetanguishene Price Trend
40 Marchand Dr is a 4-bedroom 3-bathroom home listed for sale at $749,000, which is $91,000 (10.8%) lower than the average sold price of $840,000 in the last 30 days (August 19 - September 17). 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 20 - August 18) and up $225,000 (36.6%) from the same time one year ago.
Inventory Change
There were 7 4-bedroom homes listed in Penetanguishene over the last 30 days (August 19 - September 17), which is down 0.0% compared with the previous 30 day period (July 20 - August 18) and up 250.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Penetanguishene typically sold ($9,990) (1.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $90 decrease compared to the previous 30 day period (July 20 - August 18) and ($10,000) 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 (August 19 - September 17) stood at 14.3%, down from 42.9% over the previous 30 days (July 20 - August 18) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Penetanguishene stood at 90 days when successfully sold over the last 30 days (August 19 - September 17), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 B.J. Roth Realty Ltd.
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