131 Mcmurchy Ave S

FOR SALE
$869,000
131 Mcmurchy Ave S, Brampton
131 Mcmurchy Ave S
131 Mcmurchy Ave S
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4 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 3
ROOMS
W11971662
MLSID
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Property Description
This 4-bedroom, 2-bathroom home presents an incredible opportunity for both investors and families seeking a spacious and versatile property. The main floor features 4 generously sized bedrooms, 1 full bathroom, a powder room, a bright living room, and a fully equipped kitchen perfect for everyday living and entertaining. The basement adds even more potential with a separate entrance, 1 bedroom, living room, kitchen and a full bathroom, providing options for rental income. Whether you're looking for an investment property or a home with rental potential, this basement suite offers a significant advantage. Conveniently located just minutes from Shoppers World and Sheridan College, this property offers easy access to shopping, dining, and public transit, making it a prime location for tenants or personal use. Don't miss this fantastic investment opportunity or the chance to make this wonderful home your own! Main floor is currently rented for $2k+70% utilities on month to month basis.
Property Details
Property Type
Semi-Detached, 2-Storey
Lot Size
36' x 91'
Fronting
East
Taxes
$3,974 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.50' x 15.06'Hardwood Floor, Combined W/Dining, Window
DiningMain8.40' x 11.55'L-Shaped Room, Hardwood Floor
KitchenMain7.91' x 14.34'Tile Floor, Eat-In Kitchen, Double Sink
Prim Bdrm2nd11.19' x 11.88'Hardwood Floor, Large Closet
2nd Br2nd8.53' x 10.86'Hardwood Floor, Large Closet
3rd Br2nd8.43' x 9.51'Hardwood Floor, Large Closet
4th Br2nd7.91' x 9.68'Hardwood Floor, Large Closet
KitchenBsmt14.83' x 13.09'Tile Floor, Eat-In Kitchen
BrBsmt11.19' x 10.27'Tile Floor
LivingBsmt9.81' x 11.52'Broadloom
Brampton Market Statistics
Brampton Price Trend
131 Mcmurchy Ave S is a 4-bedroom 3-bathroom home listed for sale at $869,000, which is $285,539 (24.7%) lower than the average sold price of $1,154,539 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Brampton declined by $42,597 (3.6%) compared to the previous 30 day period (December 22 - January 20) and down $31,997 (2.7%) from the same time one year ago.
Inventory Change
There were 385 4-bedroom homes listed in Brampton over the last 30 days (January 21 - February 19), which is up 51.0% compared with the previous 30 day period (December 22 - January 20) and up 49.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Brampton typically sold ($23,862) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,893 increase compared to the previous 30 day period (December 22 - January 20) and ($21,154) 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 Brampton over the last 30 days (January 21 - February 19) stood at 34.5%, down from 43.1% over the previous 30 days (December 22 - January 20) and down from 60.3% 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 Brampton stood at 23 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Realty Experts Inc.
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