5741 Lakeshore Rd
FOR SALE
$798,000
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSN9380212
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Property Description
Location, Location! Detached House On A Nice Building Lot, Overlooking Musselman Lake With Waterfront Access. Mostly Land Value. Close To Downtown Stouffville, Major Highways. Great Opportunity To Renovate It
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-12 | 2024-09-30 | 203 | $886,000 | - | Expired |
| 2023-09-04 | 2023-12-31 | 118 | $960,000 | - | Expired |
| 2023-05-25 | 2023-08-31 | 98 | $980,000 | - | Expired |
Property Features
Golf, Lake Access
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Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
51' x 96'
Fronting
South
Taxes
$2,336 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Sunroom | Main | 35.50' x 23.69' | Laminate, Panelled, Overlook Water |
| Living | Main | 36.58' x 41.96' | Laminate, Gas Fireplace |
| Dining | Main | 25.62' x 42.72' | Hardwood Floor, French Doors, Overlook Water |
| Kitchen | Main | 36.58' x 13.12' | Laminate, Skylight |
| Prim Bdrm | Main | 26.25' x 31.86' | Laminate |
| 2nd Br | Main | 25.82' x 31.53' | Laminate |
| 2nd Br | Main | 25.82' x 31.53' | Laminate |
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Whitchurch-Stouffville Market Statistics
Whitchurch-Stouffville Price Trend
5741 Lakeshore Rd is a 3-bedroom 1-bathroom home listed for sale at $798,000, which is $279,106 (25.9%) lower than the average sold price of $1,077,106 in the last 30 days (October 2 - October 31). During the last 30 days the average sold price for a 3 bedroom home in Whitchurch-Stouffville declined by $221,060 (17.0%) compared to the previous 30 day period (September 2 - October 1) and down $185,174 (14.7%) from the same time one year ago.Inventory Change
There were 22 3-bedroom homes listed in Whitchurch-Stouffville over the last 30 days (October 2 - October 31), which is down 38.9% compared with the previous 30 day period (September 2 - October 1) and down 18.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Whitchurch-Stouffville typically sold ($45,159) (4.2%) below asking price over the last 30 days (October 2 - October 31), which represents a $13,504 decrease compared to the previous 30 day period (September 2 - October 1) and ($63,540) 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 Whitchurch-Stouffville over the last 30 days (October 2 - October 31) stood at 68.2%, up from 50.0% over the previous 30 days (September 2 - October 1) and down from 92.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Whitchurch-Stouffville stood at 34 days when successfully sold over the last 30 days (October 2 - October 31), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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This Power of Sale is A diamond in the rough. This is an amazing opportunity to have a home on a private access lake less than 1 hour from Toronto. The community of Musselmans lake has been continuing to improve over the last 20 years. Many luxury homes are being built in the area. There is direct waterfront with the ability to have a large dock and enjoy beautiful summer days here. The lake is not very busy which makes for serene days by the lake. The town of Stouffville is less than 10 minutes away. All your shopping needs can be handled there. There is also the ability to combine this property with the lot behind to give you a lot of space to build your dream home.
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