39 Abbey Rd
Brampton East, Brampton, L6W 2T9
FOR SALE
$989,900
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Property Description
Welcome to your next investment gem! This 3-bedroom, 2.5-bathroom property is a fantastic opportunity for flippers and investors looking to add significant value. While the home requires cosmetic work, it boasts a solid structure and a versatile layout, ready for your creative touch. The main floor boasts a generous living room, perfect for modern updates, and a formal dining room that sets the stage for family gatherings and entertaining. The renovated kitchen provides a solid foundation to build upon, while the three well-sized bedrooms are filled with natural light. Adding to the property's appeal is a fully finished basement apartment with a separate entrance. This space includes two comfortable bedrooms, a large kitchen that tenants will love, and a full bathroom, making it ideal for rental income or an in-law suite. The separate entrance ensures privacy and independence for the basement occupants. The home sits on a large lot, offering plenty of outdoor space for future enhancements. Parking is abundant with a 4-car driveway and a 1-car garage, making it convenient for multiple vehicles. Situated in a sought-after neighborhood with strong rental demand, this property promises significant returns. The spacious lot and ample parking add to its appeal, making it an attractive option for potential tenants. *Please note that the photos were taken prior to the current tenants' occupancy*
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-09 | 2019-03-13 | 4 | $2,699 | $2,750 | Leased |
Extras
2 Fridges, 2 Stoves, 2 Hoodfans, 1 B/I Dishwasher. Newer Washer & Dryer. Pot lights throughout the property. All ELF's.
Nearby Intersections
Kennedy & Steeles (50)
Property Features
Arts Centre, Fenced Yard, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 100'
Lot Irregularities
Regular
Fronting
South
Taxes
$5,180 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.87' x 19.69' | Hardwood Floor, Bay Window, Pot Lights |
| Dining | Main | 10.33' x 9.84' | Hardwood Floor, Bay Window, Pot Lights |
| Kitchen | Main | 10.33' x 9.84' | Porcelain Floor, Backsplash, Open Concept |
| Prim Bdrm | Main | 10.99' x 12.30' | Laminate, Closet |
| 2nd Br | Main | 9.02' x 11.98' | Laminate, Closet |
| 3rd Br | Main | 10.89' x 11.98' | Laminate, Closet |
| Rec | Bsmt | 10.99' x 11.98' | Laminate, Open Concept, Separate Rm |
| Br | Bsmt | 9.97' x 19.91' | Laminate, Mirrored Closet |
| 2nd Br | Bsmt | 9.97' x 11.98' | Laminate, Mirrored Closet |
| Kitchen | Bsmt | 9.97' x 14.47' | Ceramic Floor, Window, Backsplash |
| Laundry | Bsmt | 6.56' x 6.07' | Separate Rm |
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Brampton Market Statistics
Brampton Price Trend
39 Abbey Rd is a 3-bedroom 3-bathroom home listed for sale at $989,900, which is $129,441 (15.0%) higher than the average sold price of $860,459 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Brampton declined by $65,234 (7.0%) compared to the previous 30 day period (November 18 - December 17) and down $35,659 (4.0%) from the same time one year ago.Inventory Change
There were 150 3-bedroom homes listed in Brampton over the last 30 days (December 18 - January 16), which is down 26.8% compared with the previous 30 day period (November 18 - December 17) and up 92.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Brampton typically sold ($1,178) (0.1%) below asking price over the last 30 days (December 18 - January 16), which represents a $13,192 increase compared to the previous 30 day period (November 18 - December 17) and ($23,614) 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 Brampton over the last 30 days (December 18 - January 16) stood at 84.7%, up from 69.8% over the previous 30 days (November 18 - December 17) and down from 161.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Brampton stood at 23 days when successfully sold over the last 30 days (December 18 - January 16), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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