42 RICH Ave

Cambridge, N1R 2A5
FOR SALE
$329,000
42 RICH Ave, Cambridge
42 RICH Ave
42 RICH Ave
42 RICH Ave
42 RICH Ave
42 RICH Ave
42 RICH Ave
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9301597
MLSID
Contact Us
Property Description
ATTENTION BUILDERS/INVESTORS *62 FOOT FRONTAGE* POPULAR NEIGHBOURHOOD* *EXISTING STRUCTURE CAN BE DEMOLISHED MAKING ROOM FOR A NEW BUILD*
Extras
n/a
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Lot Size
63' x 97'
Fronting
North
Taxes
$3,125 (2023)
Basement
Unfinished
Exterior
Vinyl Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain10.99' x 12.99'
LivingMain10.99' x 13.98'
DiningMain9.58' x 12.50'
Prim BdrmMain10.99' x 15.49'
2nd BrUpper11.75' x 12.50'
3rd BrUpper10.99' x 12.99'
Cambridge Market Statistics
Cambridge Price Trend
42 RICH Ave is a 3-bedroom 2-bathroom home listed for sale at $329,000, which is $442,594 (57.4%) lower than the average sold price of $771,594 in the last 30 days (October 30 - November 28). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $9,357 (1.2%) compared to the previous 30 day period (September 30 - October 29) and down $18,831 (2.4%) from the same time one year ago.
Inventory Change
There were 70 3-bedroom homes listed in Cambridge over the last 30 days (October 30 - November 28), which is down 6.7% compared with the previous 30 day period (September 30 - October 29) and up 55.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($7,268) (0.9%) below asking price over the last 30 days (October 30 - November 28), which represents a $3,330 decrease compared to the previous 30 day period (September 30 - October 29) and $19,627 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 3-bedroom homes in Cambridge over the last 30 days (October 30 - November 28) stood at 82.9%, up from 66.7% over the previous 30 days (September 30 - October 29) and down from 104.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Cambridge stood at 18 days when successfully sold over the last 30 days (October 30 - November 28), compared to 30 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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