34 Reid St
Lakefield, Smith-Ennismore-Lakefield, K0L 2H0
FOR SALE
$699,000
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BEDROOMS3
BATHROOMS2
KITCHENS13
ROOMSX9370656
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Property Description
Discover this newly renovated side-by-side duplex in the heart of Lakefield, just half a block from the main street and a short walk to village amenities. Ready for immediate occupancy, this property allows you to set your own rental terms or live in one unit and rent out the other. The duplex features a single-level, three-bedroom, one-bathroom unit, ideal for families or professionals, and a one-and-a-half-storey unit with one bedroom plus den and 1.5 bathrooms, perfect for couples or small families. Both units are equipped with new appliances, ensuring modern convenience and efficiency. With a maintenance-free metal roof and durable aluminum siding, upkeep is minimal. This versatile property is perfect for investors, those looking to downsize, or anyone seeking rental income in a prime location. Don't miss this exceptional real estate opportunity in Lakefield!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-25 | 2024-09-26 | 93 | $699,000 | - | Expired |
| 2014-05-02 | 2014-05-12 | 11 | $254,900 | $250,000 | Sold |
| 2019-09-23 | 2019-10-01 | 11 | $319,900 | $305,000 | Sold |
Property Features
Park, School
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Property Details
Street
Community
Property Type
Duplex, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
70' x 73'
Acreage
< .50
Fronting
North
Taxes
$2,175 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.80' x 14.17' | |
| Kitchen | Main | 13.35' x 9.68' | |
| Dining | Main | 13.35' x 7.64' | |
| Br | Main | 9.91' x 9.97' | |
| Br | Main | 8.20' x 9.97' | |
| Br | Main | 9.28' x 10.24' | |
| Bathroom | Main | 12.11' x 6.50' | |
| Living | Main | 17.22' x 12.86' | |
| Kitchen | Main | 14.83' x 9.51' | |
| Br | 2nd | 16.57' x 12.07' | |
| Den | 2nd | 10.07' x 10.76' | |
| Bathroom | 2nd | 5.91' x 6.10' |
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Smith-Ennismore-Lakefield Market Statistics
Smith-Ennismore-Lakefield Price Trend
34 Reid St is a 4-bedroom 3-bathroom home listed for sale at $699,000, which is $356,000 (33.7%) lower than the average sold price of $1,055,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Smith-Ennismore-Lakefield increased by $137,188 (14.9%) compared to the previous 30 day period (September 21 - October 20) and up $265,000 (33.5%) from the same time one year ago.Inventory Change
There were 6 4-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19), which is down 40.0% compared with the previous 30 day period (September 21 - October 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Smith-Ennismore-Lakefield typically sold ($77,966) (7.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $29,616 decrease compared to the previous 30 day period (September 21 - October 20) and ($9,900) 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 4-bedroom homes in Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19) stood at 50.0%, down from 80.0% over the previous 30 days (September 21 - October 20) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Smith-Ennismore-Lakefield stood at 44 days when successfully sold over the last 30 days (October 21 - November 19), compared to 107 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
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