26 Metcalfe St
Quinte West, K8V 4C7
FOR SALE
$430,000
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5
BEDROOMS2
BATHROOMS2
KITCHENS9
ROOMSX9271108
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Property Description
Welcome to 26 Metcalfe Street, a spacious and versatile home in the heart of Quinte West. This well-maintained property features 5 bedrooms, 2 kitchens, and 2 bathrooms, offering ample space and flexibility for large families, multi-generational living, or potential rental income. The dual kitchens provide convenience and privacy, making it ideal for those who value separate living spaces. Situated in a quiet and friendly neighborhood, this home is close to schools, parks, shopping, and local amenities. Whether you're looking for a comfortable family home or a smart investment opportunity, 26 Metcalfe Street offers plenty of potential in a desirable location. Don't miss out on this unique property!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-23 | 2024-04-11 | 48 | $499,000 | - | Terminated |
| 2023-12-18 | 2024-02-23 | 67 | $529,000 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
111' x 35'
Lot Irregularities
See Schedule B
Fronting
North
Taxes
$1,802 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Quinte West Market Statistics
Quinte West Price Trend
26 Metcalfe St is a 5-bedroom 2-bathroom home listed for sale at $430,000, which is $354,843 (45.2%) lower than the average sold price of $784,843 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 5 bedroom home in Quinte West increased by $162,718 (26.2%) compared to the previous 30 day period (July 22 - August 20) and up $7,986 (1.0%) from the same time one year ago.Inventory Change
There were 8 5-bedroom homes listed in Quinte West over the last 30 days (August 21 - September 19), which is up 300.0% compared with the previous 30 day period (July 22 - August 20) and up 166.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Quinte West typically sold ($14,900) (1.9%) below asking price over the last 30 days (August 21 - September 19), which represents a $22,674 increase compared to the previous 30 day period (July 22 - August 20) and $70,371 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 5-bedroom homes in Quinte West over the last 30 days (August 21 - September 19) stood at 62.5%, down from 200.0% over the previous 30 days (July 22 - August 20) and down from 233.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Quinte West stood at 16 days when successfully sold over the last 30 days (August 21 - September 19), compared to 197 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
Similar Listings
Lets talk about this versatile property, suitable for owners or investors alike. This is a fully detached building that includes BOTH halves of semi-detached units under one ownership. This property represents tremendous value as either a single-family home or as investment property. It allows you several options. OPTION 1. Live in one side and let the other unit help pay your mortgage. OPTION 2. Live in one side & have a family member reside next door in the other semi-detached unit. OPTION 3. Open up a dividing wall and live in the entire building. OPTION 4. Purchase as an investment property bringing you $43,200 of Gross Rental Income & a 8.71% CAP RATE. AMAZING RETURN ON INVESTMENT. Brick & stucco side-by-side dwellings. One unit fully occupied & the other unit recently empty. Ready for the next owner to choose their occupancy options or investors can pick their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both units metered separately for: gas, hydro & water/sewer. Unit A is a 2 bed, 1 bath, 2sty unit with tenant paying $1600/mth ++. Tenant has been in place since Dec. 2023 & has a 1yr lease. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is vacant & ready for the open market. This bungalow layout has 2 bdrms, 1 bath, formal living rm & dining rms, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: hdwd flooring, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Affordable place to call home, or great addition to your investment portfolio.
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