344 Fife Ave
FOR SALE
$729,000
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BEDROOMS1
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Property Description
Discover an incredible opportunity to own a charming lakeside retreat on Chemong Lake, one of the best spots in the Kawarthas! This affordable cottage is a cozy haven with stunning westerly views and the perfect setting to enjoy those breathtaking sunsets. Located just 10 minutes from Peterborough, this peaceful retreat offers convenience and serenity in equal measure. The property features a fantastic 24 x 12 bunkie right by the waters edge, a great space for teenagers or guests to enjoy their own private getaway. The shoreline offers excellent boat dockage, making it easy to enjoy everything from morning fishing trips to sunset cruises on the lake. The lot has been thoughtfully cleared to create unobstructed views of the lake, enhancing your connection to the natural beauty of the surroundings. Embrace lakeside living with the warm ambiance of this cottage retreat, ideal for creating family memories in a picturesque setting
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Property Features
Lake/Pond, Waterfront
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Property Details
Street
Community
Property Type
Cottage, Bungalow
Lot Size
100' x 145'
Fronting
West
Taxes
$2,201 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
2
Driveway
Private
Garage Type
None
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Smith-Ennismore-Lakefield Market Statistics
Smith-Ennismore-Lakefield Price Trend
344 Fife Ave is a 2-bedroom 1-bathroom home listed for sale at $729,000, which is $154,499 (17.5%) lower than the average sold price of $883,499 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Smith-Ennismore-Lakefield increased by $97,499 (12.4%) compared to the previous 30 day period (September 21 - October 20) and up $206,833 (30.6%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19), which is down 22.2% compared with the previous 30 day period (September 21 - October 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Smith-Ennismore-Lakefield typically sold ($28,950) (3.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $590 increase compared to the previous 30 day period (September 21 - October 20) and ($41,600) 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 2-bedroom homes in Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19) stood at 57.1%, up from 55.6% over the previous 30 days (September 21 - October 20) and up from 42.9% 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 Smith-Ennismore-Lakefield stood at 40 days when successfully sold over the last 30 days (October 21 - November 19), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Eastern Realty
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