586 Westfield Dr

Waterloo, N2T 2R1
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586 Westfield Dr, Waterloo
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 5
ROOMS
X5398817
MLSID
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Property Description
Highly Sought-After Raised Bungalow Close To The Boardwalk And All Amenities. With A 50Yr Steel Roof, Brick Driveway And Large Double Car Garage With A 2nd Level For Additional Storage, This Home Is Not To Be Missed. The Kitchen Is A Chefs Dream With Over 15Ft Of Counter Space! Potential For An In-Law Suite As The Basement Has A 2nd Kitchen. Enjoy A Mature, Private Backyard With An Oversized Deck And Vegetable Garden. Just Under 3000Sqf Of Living Space!
Extras
Legal Commercial Kitchen In Basement. Inclusions: Fridge, Stove, Microwave, Dishwasher, Washer, Dryer, Water Softener/Ro System, Garage Shelving, Window Coverings, Patio Awning.
Property Details
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
46' x 114'
Acreage
< .50
Fronting
West
Taxes
$4,002 (2021)
Basement
Finished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Waterloo Market Statistics
Waterloo Price Trend
586 Westfield Dr is a 3-bedroom 2-bathroom home listed for sale at $849,900, which is $18,325 (2.1%) lower than the average sold price of $868,225 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Waterloo increased by $45,075 (5.5%) compared to the previous 30 day period (February 25 - March 25) and down $17,310 (2.0%) from the same time one year ago.
Inventory Change
There were 28 3-bedroom homes listed in Waterloo over the last 30 days (March 26 - April 24), which is up 27.3% compared with the previous 30 day period (February 25 - March 25) and up 47.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Waterloo typically sold $76,458 (8.8%) above asking price over the last 30 days (March 26 - April 24), which represents a $27,648 increase compared to the previous 30 day period (February 25 - March 25) and $43,782 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 3-bedroom homes in Waterloo over the last 30 days (March 26 - April 24) stood at 110.7%, up from 90.9% over the previous 30 days (February 25 - March 25) and up from 89.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Waterloo stood at 17 days when successfully sold over the last 30 days (March 26 - April 24), compared to 12 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Bay Realty, Brokerage
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