305 Cherrywood Ave
Fort Erie, L0S 1B0
FOR SALE
$725,000
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Property Description
Welcome to Crystal Beach and exceptional opportunity to own 4 season living style cape cod home walking distance to the beach. This home features 3 large size bedrooms, master bed with 4 pc ensuite, jacuzzi bath and large walk in closet. Huge open concept living room with gas fireplace fantastic for extra warmth during winter months. Dining room with a walk out to the patio, inground pool and fully fenced backyard, gas bbq. Eat-in kitchen with separate entrance to garage, throughout the house all hardwood flooring, picture windows, laundry on main level. Double car garage with above accessory apartment, roof 2021. Some of the features of this city include marina, Bertie Boat Club, affordable boutiques, small cozy restaurants with live bands, white clean sandy beaches great swimming. Hiking and Biking trails, kayaking, fishing, Crystal Beach Tennis and Yacht Boat launch. Walking distance to Beach. Bridge Water Country Club, Cherryhill Club, Fort Erie Golf Club. Accessory apartment above garage with kitchenette, accessible laundry unit, separate entrance to the backyard. (Tenant is willing to stay or vacate on closing)
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-17 | 2024-09-30 | 105 | $749,900 | - | Expired |
| 2024-03-09 | 2024-06-15 | 99 | $785,000 | - | Expired |
| 2023-11-15 | 2024-02-25 | 102 | $799,000 | - | Suspended |
Extras
Built in gas stove, 2 fridges, dishwasher, dryer. In ground pool equipment. Biking trails, kayaking, fishing, crystal beach, tennis and yacht boat launch. Bridge Water Country Club, Cherryhill Club, Fort Erie Golf Club.
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
64' x 99'
Fronting
East
Taxes
$4,630 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Indoor
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.50' x 16.40' | B/I Ctr-Top Stove, Tile Floor, Eat-In Kitchen |
| Dining | Main | 11.15' x 14.11' | Picture Window, Hardwood Floor, W/O To Deck |
| Living | Main | 12.14' x 18.04' | Open Concept, Gas Fireplace |
| Prim Bdrm | Main | 12.80' x 13.45' | W/I Closet, 4 Pc Ensuite |
| Bathroom | Main | 5.58' x 10.50' | 3 Pc Bath, Combined W/Laundry, B/I Closet |
| Br | 2nd | 12.14' x 13.12' | W/I Closet, Hardwood Floor |
| Br | 2nd | 11.48' x 13.12' | |
| Bathroom | 2nd | 8.53' x 9.84' | 3 Pc Bath |
| Bathroom | 2nd | 12.14' x 26.57' | |
| Loft | Main | 5.58' x 10.50' | |
| Bathroom | Main | 6.89' x 12.47' | 4 Pc Bath |
| Loft | Main | 5.58' x 15.42' |
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Fort Erie Market Statistics
Fort Erie Price Trend
305 Cherrywood Ave is a 3-bedroom 3-bathroom home listed for sale at $725,000, which is $240,359 (49.6%) higher than the average sold price of $484,641 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Fort Erie declined by $45,879 (8.6%) compared to the previous 30 day period (November 19 - December 18) and down $75,359 (13.5%) from the same time one year ago.Inventory Change
There were 44 3-bedroom homes listed in Fort Erie over the last 30 days (December 19 - January 17), which is up 388.9% compared with the previous 30 day period (November 19 - December 18) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Fort Erie typically sold ($12,254) (2.5%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,546 increase compared to the previous 30 day period (November 19 - December 18) and ($15,000) 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 Fort Erie over the last 30 days (December 19 - January 17) stood at 240.9%, down from 811.1% over the previous 30 days (November 19 - December 18) and up from 81.8% 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 Fort Erie stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 112 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Credit Valley Real Estate
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