585 Colborne St 202
Brantford, N3S 3M7
FOR SALE
$795,000
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BEDROOMS4
BATHROOMS1
KITCHENS6
ROOMSX11957924
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Property Description
This is your chance to own a versatile 3-level property that blends commercial and residential spaces, offering a total of approximately 2200 sq. ft. of functional space. The ground-level retail/office area is perfect for your business, while the spacious 3-bedroom, 2.5-bath/office townhouse upstairs provides comfortable living with modern finishes. Walking Distance To Wilfred Laurier University And Conestoga College. Potential Dual Income!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-12 | 2024-03-19 | 7 | $2,500 | $2,500 | Leased |
| 2023-12-14 | 2024-03-11 | 88 | $2,700 | - | Terminated |
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
City
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
14' x 72'
Fronting
West
Taxes
$1,489 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Brantford Market Statistics
Brantford Price Trend
585 Colborne St 202 is a 3-bedroom 4-bathroom townhome listed for sale at $795,000, which is $184,200 (30.2%) higher than the average sold price of $610,800 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom townhome in Brantford declined by $7,200 (1.2%) compared to the previous 30 day period (December 20 - January 18) and up $1,255 (0.2%) from the same time one year ago.Inventory Change
There were 24 3-bedroom townhomes listed in Brantford over the last 30 days (January 19 - February 17), which is up 60.0% compared with the previous 30 day period (December 20 - January 18) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Brantford typically sold ($13,479) (2.2%) below asking price over the last 30 days (January 19 - February 17), which represents a $5,539 decrease compared to the previous 30 day period (December 20 - January 18) and ($11,799) 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 townhomes in Brantford over the last 30 days (January 19 - February 17) stood at 41.7%, up from 33.3% over the previous 30 days (December 20 - January 18) and down from 52.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Brantford stood at 14 days when successfully sold over the last 30 days (January 19 - February 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Gta Realty Inc.
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