1046 Edith Cres
Highlands East, K0L 1R0
FOR SALE
$787,000
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BEDROOMS1
BATHROOMS1
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Property Description
Fantastic 3 bed, four season cottage on Contau Lake. Open concept Viceroy style with a south facing sunroom overlooking the lake. Enjoy the coziness of the living room woodstove in the colder weather. New vinyl floor in two bedrooms, along with a completely updated bathroom. Eat in kitchen with ample cupboard space. The outdoor space offers expansive deck areas including louvered privacy fence on the upper level creating a unique space. A single car garage, and two storage sheds offer lots of storage space, with the potential of converting one of them to a Bunkie. The elevated lot slopes to the water with a terraced stairs and a newly created ATV trail to help carry extra toys to the dock system below. The shoreline offers 126 feet of privacy with deep water off the end of the dock. Contau Lake is moderately sized with great water quality, boating, fishing and swimming. The town of Gooderham is 5 mins away for local supplies including groceries, gas, LCBO and post office.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-29 | 2022-10-31 | 65 | $899,000 | - | Expired |
| 2022-06-06 | 2022-08-10 | 65 | $965,000 | - | Terminated |
| 2022-06-07 | 2022-08-11 | 65 | $965,000 | - | Terminated |
Property Features
Part Cleared, Waterfront
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Property Details
Street
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
100' x 326'
Acreage
.50-1.99
Fronting
South
Taxes
$2,359 (2023)
Basement
Crawl Space
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
7
Driveway
Circular
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 15.49' x 10.07' | Eat-In Kitchen |
| Living | Ground | 11.75' x 21.82' | Vaulted Ceiling |
| Bathroom | Ground | 4.99' x 8.01' | 3 Pc Bath |
| Prim Bdrm | Ground | 10.33' x 11.42' | |
| Br | Ground | 7.58' x 11.42' | |
| Br | Ground | 7.41' x 11.42' | |
| Sunroom | Ground | 7.84' x 15.58' |
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Highlands East Market Statistics
Highlands East Price Trend
1046 Edith Cres is a 3-bedroom 1-bathroom home listed for sale at $787,000, which is $293,000 (59.3%) higher than the average sold price of $494,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Highlands East declined by $19,500 (3.8%) compared to the previous 30 day period (February 29 - March 29) and down $656,000 (57.0%) from the same time one year ago.Inventory Change
There were 5 3-bedroom homes listed in Highlands East over the last 30 days (March 30 - April 28), which is down 16.7% compared with the previous 30 day period (February 29 - March 29) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Highlands East typically sold ($12,300) (2.5%) below asking price over the last 30 days (March 30 - April 28), which represents a $11,200 increase compared to the previous 30 day period (February 29 - March 29) and $100,000 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 3-bedroom homes in Highlands East over the last 30 days (March 30 - April 28) stood at 180.0%, up from 33.3% over the previous 30 days (February 29 - March 29) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Highlands East stood at 44 days when successfully sold over the last 30 days (March 30 - April 28), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Ball Real Estate Inc.
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