245 Bishop St 51
Cambridge, N3H 5N2
FOR SALE
$499,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSX9380597
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Property Description
Watch Beautiful Grand River. This well-kept end unit has a beautiful view of the river, this home features an open concept main floor, an eat-in kitchen has lots of cabinets and counter space, a powder room, the living/dining area features a fireplace and sliding doors to a large balcony with are tractable awning and a fantastic water view, watch nature right from your balcony. The second floor has a large master bedroom with ensuite privilege to the 4pcs bathroom and a 2nd bedroom with a closet organizer. There is also a nice landing area for setting up a computer desk. Great neighbourhood with great access to trails along the riverfront, shopping, restaurants, transportation, schools & parks.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-29 | 2024-10-01 | 33 | $499,000 | - | Terminated |
| 2024-08-29 | 2024-09-08 | 10 | $499,000 | $545,500 | Sold |
Property Features
Grnbelt/Conserv, Hospital, Park, Place Of Worship, School, School Bus Route
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Property Details
Street
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$2,707 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Other
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Cambridge Market Statistics
Cambridge Price Trend
245 Bishop St 51 is a 2-bedroom 2-bathroom townhome listed for sale at $499,000, which is $280,166 (36.0%) lower than the average sold price of $779,166 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom townhome in Cambridge increased by $145,833 (23.0%) compared to the previous 30 day period (September 27 - October 26) and up $134,166 (20.8%) from the same time one year ago.Inventory Change
There were 9 2-bedroom townhomes listed in Cambridge over the last 30 days (October 27 - November 25), which is up 200.0% compared with the previous 30 day period (September 27 - October 26) and up 125.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Cambridge typically sold $46,166 (5.9%) above asking price over the last 30 days (October 27 - November 25), which represents a $49,482 increase compared to the previous 30 day period (September 27 - October 26) and ($24,999) 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 2-bedroom townhomes in Cambridge over the last 30 days (October 27 - November 25) stood at 33.3%, down from 200.0% over the previous 30 days (September 27 - October 26) and down from 75.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Cambridge stood at 29 days when successfully sold over the last 30 days (October 27 - November 25), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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