5 Sussex St N 1&2

FOR SALE
$529,900
5 Sussex St N 1&2, Kawartha Lakes
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
5 Sussex St N 1&2
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1 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
4 + 4
ROOMS
X8146154
MLSID
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Property Description
RENTAL INCOME $4,000 MONTH, Exceptional CAP RATE. Introducing 5 Sussex St North ,this professionally maintained duplex offers unparalleled convenience mere steps from downtown, shopping destinations, public transit, and a wealth of amenities all within easy walking distance. Boasting separate entrances for each apartment, residents enjoy privacy and flexibility, with the option to occupy one unit and generate additional income by renting out the other. Recent updates including shingles and a Forced Air Gas Furnace in 2019, ensure both comfort and longevity. A fully fenced backyard with a garden shed provides a serene outdoor retreat, while the oversized paved drive offers abundant parking space. With its impeccable upkeep and strategic location, this property presents an exceptional opportunity for Investor!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-11 2023-12-19 38 $569,000 - Terminated
2023-07-24 2023-08-06 13 $498,900 - Terminated
2023-05-31 2023-07-21 51 $524,900 - Terminated
Property Features
Fenced Yard, Hospital, Public Transit, Rec Centre, School
Property Details
Street
Community
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 111'
Acreage
< .50
Fronting
West
Taxes
$3,211 (2023)
Basement
Crawl Space, Part Bsmt
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.11' x 13.09'Hardwood Floor
DiningMain10.01' x 13.19'Hardwood Floor
KitchenMain10.30' x 9.09'W/O To Yard
Prim BdrmMain16.11' x 10.20'W/O To Porch
Living2nd16.11' x 10.20'
Kitchen2nd10.99' x 13.19'
Prim Bdrm2nd9.12' x 12.11'
2nd Br2nd10.99' x 12.60'
Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
5 Sussex St N 1&2 is a 1-bedroom 2-bathroom home listed for sale at $529,900, which is $40,100 (7.0%) lower than the average sold price of $570,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom home in Kawartha Lakes increased by $171,900 (43.2%) compared to the previous 30 day period (March 15 - April 13) and down $152,250 (21.1%) from the same time one year ago.
Inventory Change
There were 7 1-bedroom homes listed in Kawartha Lakes over the last 30 days (April 14 - May 13), which is up 40.0% compared with the previous 30 day period (March 15 - April 13) and up 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in Kawartha Lakes typically sold ($14,493) (2.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $16,407 increase compared to the previous 30 day period (March 15 - April 13) and ($51,975) 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 1-bedroom homes in Kawartha Lakes over the last 30 days (April 14 - May 13) stood at 28.6%, down from 40.0% over the previous 30 days (March 15 - April 13) and down from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom home in Kawartha Lakes stood at 27 days when successfully sold over the last 30 days (April 14 - May 13), compared to 0 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Frank Real Estate
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