42 Peru Rd
Milton Heights, Milton, L9T 2V7
FOR SALE
$2,798,765
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BEDROOMS2
BATHROOMS2
KITCHENS12
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Property Description
Excellent Opportunity for the Investors, Builders and Individuals looking to develop. Site offer with a total of 2.79 ACRES LOT in Milton. Circular Driveway, 240 feet Lot frontage. Lot has 2 dwellings, One has 2 units with separate entrance and both are leased. Other an Ancillary structure on the lot. Area with full of nature and trees. New Exit from Major hwy 401 coming up and minutes away from other amenities, grocery store etc. Adjacent lot next to new subdivision under development. 3 minutes from Wilfred Laurier University Milton campus. Seller And Agent Make No Representation As To Development Time And City Zoning or Uses. Buyer To Verify With City. Property is selling as is where it is.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-02-21 | 2024-03-23 | 31 | $1,999,230 | - | Terminated |
2023-10-28 | 2024-02-03 | 99 | $2,399,990 | - | Expired |
2021-03-09 | 2021-03-13 | 8 | $2,349,000 | $2,349,000 | Sold |
2021-03-07 | 2021-03-13 | 8 | $2,349,000 | $2,349,000 | Sold |
2021-03-09 | 2021-03-13 | 8 | $2,349,000 | $2,349,000 | Sold |
2021-03-07 | 2021-03-13 | 8 | $2,349,000 | $2,349,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
241' x 419'
Acreage
2-4.99
Lot Irregularities
Irregular Shape
Fronting
West
Taxes
$5,401 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Front Yard
Garage Type
Detached
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Milton Market Statistics
Milton Price Trend
42 Peru Rd is a 4-bedroom 2-bathroom home listed for sale at $2,798,765, which is $1,326,258 (90.1%) higher than the average sold price of $1,472,507 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Milton increased by $204,696 (16.1%) compared to the previous 30 day period (September 27 - October 26) and up $229,007 (18.4%) from the same time one year ago.Inventory Change
There were 103 4-bedroom homes listed in Milton over the last 30 days (October 27 - November 25), which is down 18.3% compared with the previous 30 day period (September 27 - October 26) and up 30.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Milton typically sold ($40,310) (2.7%) below asking price over the last 30 days (October 27 - November 25), which represents a $9,069 decrease compared to the previous 30 day period (September 27 - October 26) and ($56,795) 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 4-bedroom homes in Milton over the last 30 days (October 27 - November 25) stood at 63.1%, up from 46.0% over the previous 30 days (September 27 - October 26) and up from 40.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Milton stood at 23 days when successfully sold over the last 30 days (October 27 - November 25), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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