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BEDROOMS1
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ROOMSX9378936
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Property Description
Exceptional Commercial/Residential Opportunity - Seize the chance to own this strategically located property, ideal for both a thriving business and comfortable living. The main floor is perfectly designed for commercial use, offering ample space for your business needs. Upstairs, you'll find a cozy residential area, providing a convenient live-work setup. This property is sold as-is, with its primary value in the land. Please note that exterior viewings are available, but interior access is not. Don't miss out on this unique opportunity to invest in a versatile property with endless potential!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-22 | 2024-09-30 | 70 | $260,000 | - | Terminated |
| 2024-04-09 | 2024-07-23 | 105 | $275,000 | - | Terminated |
| 2024-01-20 | 2024-04-08 | 79 | $275,000 | - | Terminated |
| 2023-09-20 | 2023-12-22 | 93 | $259,900 | - | Expired |
| 2022-12-07 | 2023-06-05 | 32 | $335,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 60'
Fronting
South
Taxes
$1,235 (2023)
Basement
None
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 3.28' x 3.28' |
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Shelburne Market Statistics
Shelburne Price Trend
225 First Ave is a 3-bedroom 1-bathroom home listed for sale at $260,000, which is $405,000 (60.9%) lower than the average sold price of $665,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Shelburne declined by $40,600 (5.8%) compared to the previous 30 day period (September 21 - October 20) and down $65,000 (8.9%) from the same time one year ago.Inventory Change
There were 8 3-bedroom homes listed in Shelburne over the last 30 days (October 21 - November 19), which is down 11.1% compared with the previous 30 day period (September 21 - October 20) and down 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Shelburne typically sold ($35,650) (5.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $21,290 decrease compared to the previous 30 day period (September 21 - October 20) and ($30,000) 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 3-bedroom homes in Shelburne over the last 30 days (October 21 - November 19) stood at 87.5%, up from 55.6% over the previous 30 days (September 21 - October 20) and up from 30.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Shelburne stood at 46 days when successfully sold over the last 30 days (October 21 - November 19), compared to 41 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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