1 Reo Ave

FOR SALE
$979,900
1 Reo Ave, Kawartha Lakes
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
1 Reo Ave
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X8483428
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Property Description
STURGEON LAKE, WEEDFREE WATERFRONT. Located minutes outside Fenelon Falls, this almost half an acre property features western sunset views, wade in waterfront, flat level lot for outdoor entertaining & extensive open lake views. The cottage offers 2 bedrooms, 1 large bath & open concept kitchen/living space with panoramic lake views. Living room features a walkout to a large waterside deck. Walk out to deck off the kitchen makes for easy BBQ access. This 3 season cottage could easily be converted to a 4 season cottage or home. Sitting on a full concrete block foundation, with poured concrete floor. New hot water tank, new UV & filter water treatment system, newer windows, eves troughs replaced in 2021 & shingles 2019. This is the perfect canvas to create your own picturesque waterfront property. The mature trees offer ample privacy. Short boat ride to Fenelon Falls. Enjoy boating the Trent Severn Waterway & exploring more local lakes.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-21 2023-10-18 89 $979,900 - Expired
2021-06-07 2021-06-08 1 $775,000 $850,000 Sold
Property Features
Beach, Golf, Marina, Park, Place Of Worship, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
90' x 214'
Acreage
< .50
Fronting
West
Taxes
$3,056 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Other
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain10.50' x 9.32'
LivingMain21.00' x 9.91'
FamilyMain14.07' x 9.84'
Prim BdrmMain11.52' x 8.76'
2nd BrMain8.07' x 10.17'
Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
1 Reo Ave is a 2-bedroom 1-bathroom home listed for sale at $979,900, which is $286,423 (41.3%) higher than the average sold price of $693,477 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Kawartha Lakes increased by $47,727 (7.4%) compared to the previous 30 day period (July 21 - August 19) and up $394,620 (132.0%) from the same time one year ago.
Inventory Change
There were 62 2-bedroom homes listed in Kawartha Lakes over the last 30 days (August 20 - September 18), which is up 17.0% compared with the previous 30 day period (July 21 - August 19) and up 77.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Kawartha Lakes typically sold ($17,655) (2.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $11,413 increase compared to the previous 30 day period (July 21 - August 19) and ($7,058) 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 Kawartha Lakes over the last 30 days (August 20 - September 18) stood at 43.5%, down from 49.1% over the previous 30 days (July 21 - August 19) and down from 1,060.0% 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 Kawartha Lakes stood at 35 days when successfully sold over the last 30 days (August 20 - September 18), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max All-Stars Realty Inc.
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