5516 County Road 90
Rural Springwater, Springwater, L0M 1T2
FOR SALE
$500,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSS11992043
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Property Description
OPPORTUNITY AWAITS! UPDATED MOVE IN READY 2 BEDROOM BUNNGALOW IN RURAL SETTING LESS THAN AN HOUR FROM TORONTO! LARGE OVESIZED LOT SPACE TO BUILD A GARAGE OR EVEN ADD ON TO THE HOUSE IF WANTED. THIS HOME MUST BE SEEN TO BE APPRECIATED UPDATED KITCHEN AND BATHROOM WITH NEWER FURNACE, A/C, TANKLESS HOT WATER AND WATER TREATMENT SYSTEMS AS WELL. AMPLE PARKING AND SHEDS FOR STORAGE. LARGE PATIO AS WELL. ONLY THING MISSING IS YOU.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-24 | 2024-10-18 | 24 | $575,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
60' x 163'
Acreage
< .50
Fronting
North
Taxes
$2,260 (2024)
Basement
Crawl Space
Exterior
Other, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.02' x 17.98' | Open Concept, Combined W/Dining |
| Living | Main | 11.09' x 13.02' | |
| Prim Bdrm | Main | 10.99' x 11.38' | |
| 2nd Br | Main | 9.38' x 10.99' | Combined W/Br |
| Laundry | Main | 4.00' x 4.99' |
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Springwater Market Statistics
Springwater Price Trend
5516 County Road 90 is a 2-bedroom 1-bathroom home listed for sale at $500,000, which is $220,000 (30.6%) lower than the average sold price of $720,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Springwater declined by $250,000 (25.8%) compared to the previous 30 day period (December 22 - January 20) and down $114,583 (13.7%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Springwater over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Springwater typically sold ($29,900) (4.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $25,000 increase compared to the previous 30 day period (December 22 - January 20) and ($64,499) 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 Springwater over the last 30 days (January 21 - February 19) stood at 14.3%, down from 50.0% over the previous 30 days (December 22 - January 20) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Springwater stood at 23 days when successfully sold over the last 30 days (January 21 - February 19), compared to 110 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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