32 First Ave

FOR SALE
$600,000
32 First Ave, Prince Edward County
32 First Ave
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 6
ROOMS
X9380363
MLSID
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Property Description
Welcome to 32 First Avenue in Wellington, Prince Edward County - an ideal opportunity for multi-generational living or potential for a Airbnb Short Term Accommodation (STA) rental, all within the vibrant community of Wellington. Here are five reasons why you'll love this home: ONE: Flexible Living Spaces: This raised bungalow features 2 kitchens - one on the main floor and one in the lower level making it perfect for accommodating extended family, guests, or potentially generating income through rental options. TWO: Main Floor Comfort: The open-concept main floor boasts 3 spacious bedrooms, 1 full bathroom with a semi-ensuite, Central vac and the convenience of main-floor laundry. The updated kitchen is a highlight, offering an oversized island with stone countertops, ideal for both casual meals and entertaining. Step out onto the private deck for a perfect outdoor retreat. THREE: Separate Lower-Level Suite: The lower level is fully equipped with its own kitchen, 2 bedrooms, a 3-piece bathroom, and a separate entrance. It also has a laundry rough-in, making it completely self-sufficient and ready for guests or boarders. FOUR: Prime Location: Situated in a desirable neighborhood, this home is just a short walk from the core of Wellington. Enjoy easy access to the Wellington arena, the Millennium trail, beach, local restaurants, shops, and all the charm of this waterfront village. FIVE: Move-In Ready: With updated features and modern amenities, this home is completely move-in ready, allowing you to settle in right away. 32 First Avenue offers endless possibilities in a prime location and is your chance to Call the County Home!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-05-24 2018-10-04 133 $385,000 $355,000 Sold
Extras
Single family residence, however there are 2 separate fire rated doors between units & garage OR can be left open for single family use. New windows 2024, New deck 2022, Furnace & AC 2019, basement kitchen 2019
Property Features
Beach, Cul De Sac, Golf, Lake/Pond, Library, School
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
100' x 56'
Acreage
< .50
Fronting
East
Taxes
$3,232 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain14.99' x 11.68'
LivingMain16.27' x 11.42'
DiningMain6.14' x 11.68'
BrMain17.26' x 11.35'
2nd BrMain11.15' x 11.32'
3rd BrMain10.93' x 7.97'
BathroomMain7.87' x 11.45'5 Pc Bath
BathroomLower7.12' x 7.45'3 Pc Bath
4th BrLower12.99' x 10.70'
5th BrLower13.02' x 10.79'
KitchenLower8.96' x 10.89'
RecLower20.14' x 22.41'
Prince Edward County Market Statistics
Prince Edward County Price Trend
32 First Ave is a 3-bedroom 2-bathroom home listed for sale at $600,000, which is $108,750 (15.3%) lower than the average sold price of $708,750 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $326,805 (31.6%) compared to the previous 30 day period (September 1 - September 30) and up $121,289 (20.6%) from the same time one year ago.
Inventory Change
There were 29 3-bedroom homes listed in Prince Edward County over the last 30 days (October 1 - October 30), which is down 31.0% compared with the previous 30 day period (September 1 - September 30) and down 25.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($26,670) (3.8%) below asking price over the last 30 days (October 1 - October 30), which represents a $8,030 increase compared to the previous 30 day period (September 1 - September 30) and ($22,611) 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 3-bedroom homes in Prince Edward County over the last 30 days (October 1 - October 30) stood at 82.8%, up from 21.4% over the previous 30 days (September 1 - September 30) and up from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Prince Edward County stood at 45 days when successfully sold over the last 30 days (October 1 - October 30), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Energy Real Estate, Brokerage
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