8 Loraine Ave
Quinte West, K8V 6M1
FOR SALE
$599,900
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS7 + 5
ROOMSX11890696
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Property Description
The location of this 4 bedroom and 2 bath home in one of Quinte West's most desirable neighbourhoods is a perfect blend of convenience and practicality for every active family! The oversized foyer instantly welcomes you whether you enter from the front door or the attached single car garage. The newly designed kitchen offers updated cupboards and pantry space, along with quartz countertops and a subway tile backsplash. An abundance of natural light beams into the common living space on the main floor. Down the hall you find three good sized bedrooms and an updated four (4) piece bathroom. In the lower level there is a generous sized family room to relax and catch a movie by the gas fireplace, another bedroom, a three (3) piece bathroom, laundry room and a bonus room. Current owners have so carefully maintained the home with updates including a paved driveway and new garage door (2024), shingles replaced 2017, new back deck 2015, 90% new windows, new flooring (except laundry room), hot water tank 2023, and brand new HRV (November 2024). Minutes to RCAF, schools (including bilingual), grocery stores and all amenities. Come check it out! You will instantly fall in love with this property!
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Property Features
Hospital
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Property Details
Street
City
Property Type
Detached, Bungalow-Raised
Lot Size
49' x 121'
Acreage
< .50
Lot Irregularities
Lot irregular at back of lot
Fronting
South
Taxes
$3,695 (2024)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Front Yard
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 7.94' x 10.24' | |
| Br | Main | 9.81' x 8.43' | |
| 2nd Br | Main | 11.12' x 11.84' | |
| Kitchen | Main | 12.14' x 10.50' | |
| Dining | Main | 8.60' x 10.50' | |
| Living | Main | 13.81' x 12.37' | |
| 3rd Br | Main | 14.90' x 10.24' | |
| Bathroom | Bsmt | 7.78' x 5.31' | |
| Br | Bsmt | 10.79' x 12.50' | |
| Rec | Bsmt | 20.47' x 21.85' | |
| 4th Br | Bsmt | 14.40' x 8.60' | |
| Foyer | Main | 6.43' x 10.93' |
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Quinte West Market Statistics
Quinte West Price Trend
8 Loraine Ave is a 3-bedroom 2-bathroom home listed for sale at $599,900, which is $101,878 (20.5%) higher than the average sold price of $498,022 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Quinte West declined by $26,978 (5.1%) compared to the previous 30 day period (October 22 - November 20) and down $14,625 (2.9%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Quinte West over the last 30 days (November 21 - December 20), which is down 44.4% compared with the previous 30 day period (October 22 - November 20) and down 7.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Quinte West typically sold ($9,900) (2.0%) below asking price over the last 30 days (November 21 - December 20), which represents a $5,100 increase compared to the previous 30 day period (October 22 - November 20) and ($10,405) 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 Quinte West over the last 30 days (November 21 - December 20) stood at 88.0%, down from 95.6% over the previous 30 days (October 22 - November 20) and up from 63.0% 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 Quinte West stood at 21 days when successfully sold over the last 30 days (November 21 - December 20), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
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