49 Gunn Ave
Cambridge, N3C 3V8
FOR SALE
$1,299,000

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BEDROOMS4
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Property Description
Detached House Located In The Highly Sought-After Area. With Over $350,000 Spent On Upgrades, Boasting 5 + 1 Bedrooms, 4 Full Bathroom, 6 Car Parking And Fully Finished Basement With Recreation Room, 1 Bedroom And 1 Bathroom. The Main Floor Has A Family Room Offers A Cozy Ambiance With An Electric Fireplace And Custom Built-In Cabinetry, The Kitchen Has Been Completely Customized, Featuring An Oversized Island And Brand New Built-In Appliances Added In 2022. Furthermore, The Main Floor Has A Bedroom With Full Washroom, Dining Room/Living Room, And Laundry. The Second Floor Features 4 Spacious With Two Full Bathroom. The Home Also Has Fully Finished Basement Which Features Recreation Room, One Bedroom, One Full Washroom And Presents Endless Possibilities, As It Comes With Rough-Ins For A Bar Or Kitchen. The 4 Full Bathrooms, Including One On The Main Floor, Feature Stylish Standing Showers On All Of Them, Brand New Vanities, And Heated Mirrors. The Interior Is Truly Remarkable
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Extras
With Exceptional Upgrades Throughout. No Carpet Throughout, Upgraded Blinds Throughout, Freshly Painted Walls Throughout In 2022, Upgraded Pot Lights Interior/Exterior, Upgraded Baseboard Throughout And New Stairs With Metal Railing.
Property Features
Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
75' x 126'
Acreage
< .50
Fronting
North
Taxes
$6,532 (2022)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Cambridge Market Statistics
Cambridge Price Trend
49 Gunn Ave is a 5-bedroom 4-bathroom home listed for sale at $1,299,000, which is $495,180 (61.6%) higher than the average sold price of $803,820 in the last 30 days (April 27 - May 26). During the last 30 days the average sold price for a 5 bedroom home in Cambridge declined by $431,180 (34.9%) compared to the previous 30 day period (March 28 - April 26) and down $273,680 (25.4%) from the same time one year ago.Inventory Change
There were 6 5-bedroom homes listed in Cambridge over the last 30 days (April 27 - May 26), which is down 33.3% compared with the previous 30 day period (March 28 - April 26) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Cambridge typically sold $25,060 (3.1%) above asking price over the last 30 days (April 27 - May 26), which represents a $54,940 decrease compared to the previous 30 day period (March 28 - April 26) and $53,050 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 5-bedroom homes in Cambridge over the last 30 days (April 27 - May 26) stood at 83.3%, up from 55.6% over the previous 30 days (March 28 - April 26) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Cambridge stood at 18 days when successfully sold over the last 30 days (April 27 - May 26), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd, Brokerage
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