2 George St

FOR SALE
$2,500,000
2 George St, Caledon
2 George St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W5448130
MLSID
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Property Description
Land Value. Adjacent To 5 Properties With Development Potential Opportunity For Investors/Developers.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-16 2021-11-30 77 $2,500,000 - Expired
Extras
Property Being Sold In "As Is" Condition.
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
132' x 132'
Fronting
North
Taxes
$3,253 (2021)
Basement
Crawl Space
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
9
Driveway
Private
Garage Type
Detached
Caledon Market Statistics
Caledon Price Trend
2 George St is a 3-bedroom 2-bathroom home listed for sale at $2,500,000, which is $397,000 (18.9 %) higher than the average sold price of $2,103,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Caledon increased by $228,000 (12.2 %) compared to the previous 30 day period (November 19 - December 18) and up $930,231 (79.3 %) from the same time one year ago.
Inventory Change
There were 11 3-bedroom homes listed in Caledon over the last 30 days (December 19 - January 17), which is down 56.0 % compared with the previous 30 day period (November 19 - December 18) and down 15.4 % compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Caledon typically sold $104,000 (4.9 %) above asking price over the last 30 days (December 19 - January 17), which represents a $227,700 increase compared to the previous 30 day period (November 19 - December 18) and ($41,792) 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 Caledon over the last 30 days (December 19 - January 17) stood at 9.1 %, down from 12.0 % over the previous 30 days (November 19 - December 18) and down 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 Caledon stood at 6 days when successfully sold over the last 30 days (December 19 - January 17), compared to 0 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Porritt Real Estate, Brokerage
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