245 Bishop St 51
Cambridge, N3H 5N2
FOR SALE
$499,999
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Backing onto the 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 4pce 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.
1000-1199
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 $499,999, which is $133,334 (21.1%) lower than the average sold price of $633,333 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom townhome in Cambridge increased by $125,767 (24.8%) compared to the previous 30 day period (September 1 - September 30) and up $25,033 (4.1%) from the same time one year ago.Inventory Change
There were 4 2-bedroom townhomes listed in Cambridge over the last 30 days (October 1 - October 30), which is down 42.9% compared with the previous 30 day period (September 1 - September 30) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Cambridge typically sold ($3,316) (0.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $17,086 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,633) 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 1 - October 30) stood at 150.0%, up from 42.9% over the previous 30 days (September 1 - September 30) and up from 50.0% 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 20 days when successfully sold over the last 30 days (October 1 - October 30), compared to 53 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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