39 Lowrey Ave N
Cambridge, N1R 5A1
FOR SALE
$599,000
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4 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS11
ROOMSX7264902
MLSIDContact Us
Property Description
Lot Value Only . Attention all Builders and investors . Amazing opportunity to build 2 semis with drawings already approved by the city . Each unit approved for 2700 SQF above grade with 6(4+2) bed and 5(4+1) baths with single car garage for each unit. Zoning has already been approved from C3 to RS1 by the City. Drawings for the approved two semis are attached . Close to downtown Cambridge , schools , shops and grand river. Coop agent to verify all the information with LA & the City.
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Extras
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
69' x 108'
Fronting
East
Taxes
$2,184 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Cambridge Market Statistics
Cambridge Price Trend
39 Lowrey Ave N is a 4-bedroom 3-bathroom home listed for sale at $599,000, which is $441,000 (42.4%) lower than the average sold price of $1,040,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in Cambridge increased by $25,901 (2.6%) compared to the previous 30 day period (February 27 - March 27) and up $80,560 (8.4%) from the same time one year ago.Inventory Change
There were 43 4-bedroom homes listed in Cambridge over the last 30 days (March 28 - April 26), which is up 26.5% compared with the previous 30 day period (February 27 - March 27) and up 115.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold ($4,239) (0.4%) below asking price over the last 30 days (March 28 - April 26), which represents a $6,801 increase compared to the previous 30 day period (February 27 - March 27) and $20,000 less 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 Cambridge over the last 30 days (March 28 - April 26) stood at 76.7%, up from 44.1% over the previous 30 days (February 27 - March 27) and down from 90.0% 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 Cambridge stood at 47 days when successfully sold over the last 30 days (March 28 - April 26), compared to 90 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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