1100/06 Old Highway 2

Quinte West, K8N 4Z2
FOR SALE
$770,000
1100/06 Old Highway 2, Quinte West
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
1100/06 Old Highway 2
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 3
ROOMS
X9041524
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Property Description
Three properties being sold as one package: Parcel 1- 1100 Old Highway 2 is a 1 1/2 storey home situated on a 2.93-acre lot, providing ample space and endless possibilities. With a newer gas furnace (2014) and hot water heater (2018). Parcel 2- 1100 Old Highway 2 is aThis generously sized residential building lot offering the perfect opportunity to build your custom home. Enjoy the convenience of municipal water, existing septic system. Parcel 3- This 13.62-acre lot provides a unique opportunity to create your ideal residence in a serene, wooded environment. Enjoy the best of both worlds with frontage on Old Highway 2 and the Bay of Quinte, allowing for natural surroundings and potential waterfront access. 50 foot of frontage on Old Highway 2 and 30 foot on Bay of Quinte. Zoned Rural Residential with some Environmentally Protected area. Buyers to verify with local Authorities on building permissions. Municipal Water, Hydro and Natural Gas available. Combine all three or leave divided. Being sold "as is, where is" with no representations or warranties.
Property Features
Golf, Marina, School Bus Route, Wooded/Treed
Property Details
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Acreage
10-24.99
Lot Irregularities
3- parcels, see plans and sketch
Fronting
South
Taxes
$5,884 (2023)
Basement
Full, Unfinished
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.93' x 14.34'
DiningMain11.42' x 12.34'
LivingMain10.43' x 22.51'
MudroomMain10.30' x 15.58'
Prim Bdrm2nd9.68' x 14.57'
2nd Br2nd8.01' x 10.01'
Bathroom2nd8.01' x 7.51'4 Pc Bath
UtilityBsmt11.75' x 16.93'
LaundryBsmt7.35' x 9.84'
OtherBsmt10.50' x 14.99'
Quinte West Market Statistics
Quinte West Price Trend
1100/06 Old Highway 2 is a 2-bedroom 1-bathroom home listed for sale at $770,000, which is $252,140 (48.7%) higher than the average sold price of $517,860 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Quinte West declined by $23,490 (4.3%) compared to the previous 30 day period (July 22 - August 20) and down $82,772 (13.8%) from the same time one year ago.
Inventory Change
There were 28 2-bedroom homes listed in Quinte West over the last 30 days (August 21 - September 19), which is up 100.0% compared with the previous 30 day period (July 22 - August 20) and up 133.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Quinte West typically sold ($7,248) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $1,073 decrease compared to the previous 30 day period (July 22 - August 20) and ($432) 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 Quinte West over the last 30 days (August 21 - September 19) stood at 89.3%, down from 142.9% over the previous 30 days (July 22 - August 20) and down from 1,083.3% 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 Quinte West stood at 65 days when successfully sold over the last 30 days (August 21 - September 19), compared to 87 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Quinte Ltd.
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