507 SUGARLOAF St
878 - Sugarloaf, Port Colborne, L3K 2P9
FOR SALE
$599,900

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Property Description
In Port Colbornes most desirable neighbourhood, i'm thrilled to present 507 Sugarloaf Street! This move-in ready home is a short stroll to Lake Erie, HH Knoll Park & Marina, downtown Port for shopping, groceries & the soon to be Friday morning Farmers Markets. When you enter the home, you'll immediately love how bright & spacious the open concept main floor is with the oversized island and feature wall in the living room. The main floor hosts 2 bedrooms with a bonus third space that is currently used as a gym but could easily be converted into a 3rd bedroom. It has access to the sunroom perfect for cozying up and reading a book! The lower level is complete with laundry, a 2 piece bathroom, a huge recroom big enough for the pool table and a bonus bedroom. This brick bungalow has been renovated top to bottom in 2013 including but not limited to the roof, furnace, AC, hot water tank, flooring, kitchen, washrooms & more. All of this sitting on a 50 x 124 foot lot with a single attached garage and ample parking. The backyard has a great deck, hot tub & above ground pool. We are inching closer to spring & summer will be here before you know it! This home really ticks all the boxes. See it for yourself and unpack your bags in time for pool opening!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 124'
Acreage
< .50
Fronting
North
Taxes
$4,851 (2024)
Basement
Finished, Full
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
Attached
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Port Colborne Market Statistics
Port Colborne Price Trend
507 SUGARLOAF St is a 2-bedroom 2-bathroom home listed for sale at $599,900, which is $73,900 (14.0%) higher than the average sold price of $526,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Port Colborne increased by $66,000 (14.3%) compared to the previous 30 day period (December 22 - January 20) and up $92,429 (21.3%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Port Colborne over the last 30 days (January 21 - February 19), which is up 40.0% compared with the previous 30 day period (December 22 - January 20) and up 133.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Port Colborne typically sold ($8,000) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $11,900 increase compared to the previous 30 day period (December 22 - January 20) and ($17,842) 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 2-bedroom homes in Port Colborne over the last 30 days (January 21 - February 19) stood at 71.4%, up from 60.0% over the previous 30 days (December 22 - January 20) and down from 233.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Port Colborne stood at 19 days when successfully sold over the last 30 days (January 21 - February 19), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Nrc Realty
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