38 Mcfarland Dr

Belleville, K8N 2X2
FOR SALE
$680,000
38 Mcfarland Dr, Belleville
38 Mcfarland Dr
38 Mcfarland Dr
38 Mcfarland Dr
38 Mcfarland Dr
38 Mcfarland Dr
38 Mcfarland Dr
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3 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 7
ROOMS
X11903260
MLSID
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Property Description
This stunning detached home features 3 bedrooms and 2 bathrooms on the main floor, complemented by numerous upgrades, including 9-ft ceilings and quality flooring. The legalized 2-bedroom, 2-bathroom basement boasts 9-ft ceilings, enlarged windows for ample natural light, a separate entrance, and comes complete with its own kitchen and laundry facilities. This setup offers the perfect opportunity for a separate unit and positive cash flow. The main floor is currently rented to reliable, great tenants, making this property a turnkey investment.Conveniently located just minutes' walking distance to Quinte Sports & Wellness Centre (also known as the Arena), offering live hockey games, swimming, skating, and fitness and wellness programs. Other nearby conveniences include Quinte Mall, shopping plazas, grocery stores, and restaurants. Loyalist College is only a 10-minute drive away. Nestled in a beautiful and welcoming neighbourhood, this home combines comfort, convenience, and incredible investment potential.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-19 2020-11-14 26 $515,000 $504,000 Sold
2022-09-14 2022-10-13 29 $2,350 - Terminated
2022-05-28 2022-08-31 95 $2,400 - Expired
Property Details
Property Type
Detached, Bungalow
Lot Size
52' x 110'
Fronting
South
Taxes
$4,677 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.50' x 13.75'Open Concept, W/O To Balcony
DiningMain10.99' x 9.51'W/O To Garage, Large Window
KitchenMain11.32' x 9.32'Centre Island, Window
Prim BdrmMain10.50' x 16.34'4 Pc Ensuite, W/I Closet, Large Window
2nd BrMain9.58' x 10.99'B/I Closet, Large Window
3rd BrMain9.58' x 10.99'B/I Closet, Large Window
Belleville Market Statistics
Belleville Price Trend
38 Mcfarland Dr is a 3-bedroom 4-bathroom home listed for sale at $680,000, which is $139,808 (25.9%) higher than the average sold price of $540,192 in the last 30 days (December 7 - January 5). During the last 30 days the average sold price for a 3 bedroom home in Belleville declined by $19,028 (3.4%) compared to the previous 30 day period (November 7 - December 6) and down $15,860 (2.9%) from the same time one year ago.
Inventory Change
There were 16 3-bedroom homes listed in Belleville over the last 30 days (December 7 - January 5), which is down 59.0% compared with the previous 30 day period (November 7 - December 6) and up 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Belleville typically sold ($19,803) (3.7%) below asking price over the last 30 days (December 7 - January 5), which represents a $3,873 decrease compared to the previous 30 day period (November 7 - December 6) and ($20,526) 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 Belleville over the last 30 days (December 7 - January 5) stood at 162.5%, up from 76.9% over the previous 30 days (November 7 - December 6) and up from 158.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Belleville stood at 45 days when successfully sold over the last 30 days (December 7 - January 5), compared to 130 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Culturelink Realty Inc.
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