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Property Description
Welcome to 49 Elgin St N. A rarely offered 5 bedroom home in the village of Colborne, this well maintained split level bungalow offers an expansive backyard backing onto a quiet greenspace, accessible by one of the best basement walkouts you'll see! The basement offers10ft ceilings and an impressive living spaces and storage options. This home offers tones of natural light, 3 above grade bedrooms, an updated eat in kitchen and a great view of Lake Ontario! A fantastic option for a young family looking to established roots!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-13 | 2024-04-04 | 82 | $679,999 | - | Terminated |
| 2024-01-13 | 2024-04-04 | 82 | $679,999 | - | Terminated |
| 2023-10-22 | 2024-01-12 | 82 | $699,000 | - | Expired |
| 2011-03-21 | 2011-10-20 | 214 | $289,500 | - | Expired |
| 2012-06-21 | 2013-01-31 | 237 | $225,000 | - | Expired |
| 2012-04-12 | 2012-06-09 | 63 | $225,000 | - | Expired |
| 2011-10-28 | 2012-01-30 | 96 | $247,900 | - | Expired |
Property Features
Grnbelt/Conserv, Library, Place Of Worship, Ravine
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
85' x 200'
Acreage
< .50
Fronting
East
Taxes
$3,008 (2023)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.45' x 18.57' | Hardwood Floor, West View |
| Kitchen | Main | 13.55' x 17.22' | Eat-In Kitchen, Ceramic Floor, W/O To Deck |
| Prim Bdrm | Main | 13.55' x 16.40' | Broadloom, West View |
| 2nd Br | Main | 11.02' x 13.71' | Broadloom, East View |
| 3rd Br | Main | 10.63' x 11.29' | East View, Broadloom |
| 4th Br | Bsmt | 10.24' x 13.39' | Above Grade Window, Broadloom |
| 5th Br | Bsmt | 13.68' x 16.60' | West View |
| Rec | Bsmt | 13.65' x 36.42' | Dry Bar, Walk-Out, Gas Fireplace |
| Laundry | Bsmt | 11.19' x 14.24' | |
| Cold/Cant | Bsmt | 14.44' x 12.80' | Pantry |
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Cramahe Market Statistics
Cramahe Price Trend
49 Elgin St N is a 3-bedroom 2-bathroom home listed for sale at $657,750, which is $106,028 (13.9%) lower than the average sold price of $763,778 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Cramahe increased by $79,378 (11.6%) compared to the previous 30 day period (February 29 - March 29) and up $28,778 (3.9%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in Cramahe over the last 30 days (March 30 - April 28), which is up 18.2% compared with the previous 30 day period (February 29 - March 29) and up 44.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Cramahe typically sold ($8,950) (1.2%) below asking price over the last 30 days (March 30 - April 28), which represents a $7,850 increase compared to the previous 30 day period (February 29 - March 29) and ($22,633) 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 3-bedroom homes in Cramahe over the last 30 days (March 30 - April 28) stood at 107.7%, up from 90.9% over the previous 30 days (February 29 - March 29) and up from 100.0% 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 Cramahe stood at 37 days when successfully sold over the last 30 days (March 30 - April 28), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
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