9 Ramore St
Cambridge, N1S 2P6
FOR SALE
$824,999
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4 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS9 + 3
ROOMSX11916501
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Property Description
Step into this remarkable investment opportunity nestled within the vibrant neighbourhood of Cambridge! This triplex offers an ideal chance for investors looking to dive into the prosperous real estate scene. With 2 fully occupied Units, impeccably kept units featuring two bedrooms, kitchens, full bathrooms, expansive living spaces, and private laundry facilities, this property promises a lucrative investment for savvy individuals seeking reliable rental returns. The welcoming community ambiance adds to its allure for both tenants and investors alike. Don't miss out on this fantastic prospect. Schedule your viewing appointment today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-10 | 2024-12-31 | 82 | $1,700 | - | Expired |
| 2024-10-15 | 2024-12-05 | 55 | $819,999 | - | Suspended |
| 2024-04-27 | 2024-06-30 | 64 | $799,999 | - | Expired |
| 2024-03-21 | 2024-04-20 | 30 | $879,900 | - | Terminated |
Property Features
Hospital, Library, Park, Place Of Worship, School
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Property Details
Street
City
Property Type
Multiplex, 2-Storey
Lot Size
61' x 83'
Fronting
West
Taxes
$3,792 (2024)
Basement
Apartment
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Cambridge Market Statistics
Cambridge Price Trend
9 Ramore St is a 4-bedroom 3-bathroom home listed for sale at $824,999, which is $202,869 (32.6%) higher than the average sold price of $622,130 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $274,370 (30.6%) compared to the previous 30 day period (November 19 - December 18) and down $190,012 (23.4%) from the same time one year ago.Inventory Change
There were 21 4-bedroom homes listed in Cambridge over the last 30 days (December 19 - January 17), which is up 5.0% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold ($5,243) (0.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,657 increase compared to the previous 30 day period (November 19 - December 18) and ($28,814) 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 4-bedroom homes in Cambridge over the last 30 days (December 19 - January 17) stood at 219.0%, up from 110.0% over the previous 30 days (November 19 - December 18) and up from 33.3% 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 25 days when successfully sold over the last 30 days (December 19 - January 17), compared to 114 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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