48 Renwick Ave

Cambridge, N3C 2T7
FOR SALE
$599,000
48 Renwick Ave, Cambridge
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
48 Renwick Ave
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
X8246668
MLSID
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Property Description
Gorgeous Solid Brick Bungalow On a Beautiful Private Street in Hespeler Within Walking Distance From The Schools, Speed River & the Quaint Hespeler Downtown Core With the Shopping, Restaurants Etc. Great Curb Appeal!!! This Cozy Bungalow is On a Huge 63x120' Deep Lot With a Walk Out Basement. GREAT STARTER HOME OR FOR A SAVVY INVESTOR WITH MANY DIFFERENT OPTIONS. Features 2 Good Sized Bedrooms on the Main Floor . A Nice & Bright Living Room & An Upgraded Oak Eat In Kitchen. Upgraded Washroom. Side Door From the Car Port Takes you Down to A fully Finished Walk Out Basement With a Large Recreation Room, a Bonus Room & 3rd Bedroom + a 2 PCE Washroom (Can Easily Be Converted To a 3 Pce). Laundry Room & Mechanical Room Both With Storage Space. An Added 3 Season Sunroom (In As Is Condition, Needs Cosmetic Work). Gas Stove In The Basement. (Great Potential For an In Law Suite or an Accessory Apartment). Includes 3 Garden Sheds , The Large One 10x 12 Has Hydro. Superb Hespeler Location With Endless Potential. Minutes From All The Conveniences Like Hwy 401 & Walking Distance From the Beautiful Views Of the river From " Ellicott Lookout" & Parks.
Property Features
Fenced Yard, Library, Rec Centre, River/Stream, School, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Lot Size
63' x 120'
Lot Irregularities
As Per Deed
Fronting
West
Taxes
$3,295 (2023)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
Cambridge Market Statistics
Cambridge Price Trend
48 Renwick Ave is a 2-bedroom 2-bathroom home listed for sale at $599,000, which is $102,785 (14.6%) lower than the average sold price of $701,785 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 2 bedroom home in Cambridge increased by $73,422 (11.7%) compared to the previous 30 day period (March 2 - March 31) and up $65,604 (10.3%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Cambridge over the last 30 days (April 1 - April 30), which is up 100.0% compared with the previous 30 day period (March 2 - March 31) and up 42.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Cambridge typically sold $81,322 (11.6%) above asking price over the last 30 days (April 1 - April 30), which represents a $76,377 increase compared to the previous 30 day period (March 2 - March 31) and $57,636 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 homes in Cambridge over the last 30 days (April 1 - April 30) stood at 140.0%, down from 220.0% over the previous 30 days (March 2 - March 31) and down from 157.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Cambridge stood at 7 days when successfully sold over the last 30 days (April 1 - April 30), compared to 25 days before being removed from the market upon being suspended or terminated.
Listing contracted with Kingsway Real Estate
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