386 PEEL Street

About this home.

This 1.5-storey detached home in New Hamburg presents an opportunity for first-time buyers or investors. The property offers two bedrooms, with the potential to create a third bedroom on the main floor, as well as a 3-piece bathroom featuring a stand-up shower. Set on a 56 ft x 141 ft lot, the home includes a long single driveway with parking for up to four vehicles and features a metal roof. Ideally located in a welcoming, small-town community with convenient access to local amenities, this property is a fantastic opportunity to enter the market. (id:59491)

The full record.

How this listing prices against New Hamburg.

New Hamburg led Wilmot with 11 of the city's 24 sales and 32 active listings, making it the busiest and most well-supplied neighbourhood in the township this month. The average sale price was $734,445, slightly below the Wilmot average, but homes moved much faster at just 15 days on market and sold a touch closer to asking at 97.06 percent of list. Activity was split between 9 freehold sales and 2 condo sales, with the condo side sitting at a much higher price point. Right now, New Hamburg looks like the most active part of Wilmot, with steady buyer demand but enough inventory to keep conditions from getting too tight.

Estimate the monthly carry.