5516 County Road 90
Rural Springwater, Springwater, L0M 1T2
FOR SALE
$560,000
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Property Description
IDEAL STARTER HOME OR INVESTMENT OPPORTUNITY NESTLED IN A QUIET AREA! This delightful bungalow is the perfect starter home or investment opportunity, nestled in a peaceful community just moments from Parr Park, Bear Creek Golf Club, and with easy access to highways. Offering plenty of parking, the property sits on a 167 ft deep lot, featuring a spacious backyard thats ideal for outdoor living and entertaining. Step inside to find an open-concept layout with fresh interior paint and crown moulding throughout for a touch of elegance. The cute kitchen boasts white cabinetry, a subway-tiled backsplash, and a double sink with a window overlooking the yard. Enjoy seamless indoor-outdoor living with a walkout to the large deck, perfect for gatherings and relaxation. Additionally, this home features recently updated shingles, ensuring long-lasting durability and peace of mind. Dont miss the opportunity to call this charming property home, its ready and waiting for you to unpack your bags and move right in!
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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 |
Property Features
Campground, Golf, Library, Other, School, Skiing
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
700-1100
Lot Size
60' x 168'
Fronting
North
Taxes
$2,259 (2023)
Basement
Crawl Space
Exterior
Other, Vinyl Siding
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 16.57' x 11.42' | |
| Living | Main | 13.58' x 11.91' | |
| Foyer | Main | 10.01' x 4.99' | |
| Prim Bdrm | Main | 11.09' x 11.42' | |
| Br | Main | 11.09' x 9.42' | |
| Utility | Main | 4.59' x 7.15' |
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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 $560,000, which is $542,500 (49.2%) lower than the average sold price of $1,102,500 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Springwater increased by $472,500 (75.0%) compared to the previous 30 day period (September 21 - October 20) and up $240,000 (27.8%) from the same time one year ago.Inventory Change
There were 12 2-bedroom homes listed in Springwater over the last 30 days (October 21 - November 19), which is up 20.0% compared with the previous 30 day period (September 21 - October 20) and up 71.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Springwater typically sold ($27,225) (2.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $28,225 decrease compared to the previous 30 day period (September 21 - October 20) and ($17,449) 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 2-bedroom homes in Springwater over the last 30 days (October 21 - November 19) stood at 33.3%, up from 10.0% over the previous 30 days (September 21 - October 20) and up from 28.6% 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 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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