87 Sibbald Cres
Sutton & Jackson's Point, Georgina, L0E 1R0
FOR SALE
$988,000
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Property Description
Nestled along the serene shores of Black River, 87 Sibbald Cres offers 100 feet of frontage by 300 feet of depth, providing direct access to the pristine waters of Lake Simcoe. With ample space to design and build your dream home, this is a rare opportunity to work with Pestill Carpentry, a renowned local builder known for their stunning craftsmanship, including the exquisite 11 Sibbald Crescent. Whether you're envisioning a modern architectural masterpiece, a charming lakeside cottage, or a luxurious estate, Pestill Carpentry will bring your vision to life, tailoring every detail to your desires. Located in the highly sought-after town of Sutton West, you'll enjoy the perfect blend of privacy and convenience within the exclusiveBriars Golf Course community. This exceptional location offers both a peaceful retreat and easy access to shopping, dining, and all the amenities you need just minutes away. This is more than a property; it's the canvas for your dream waterfront oasis. The existing foundation is in good condition and has been spray-foamed. The property includes a small basement room housing the furnace and hot water tank, along with access to a crawl space. There is a drilled well on the property.The property also benefits from natural gas service (a significant advantage for the area) and has a 100-amp electrical service. On hand, drawings and minor variance approval letter for the detached garage & septic inspection report. The property/house is being SOLD AS IS WHERE IS, with buyers responsible for their own due diligence. Access to the house is not permitted unless a waiver is signed - INQUIRE WITH LA FOR MORE INFORMATION. Steps to Private Beach Access & Briar's Golf & Country Club. Lake Simcoe access through BlackRiver. 10 min to Keswick, ON - 20 min to Newmarket - 1 hr to Toronto.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
100' x 300'
Fronting
North
Taxes
$4,039 (2024)
Basement
Other
Exterior
Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Water
Well
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.73' x 23.62' | |
| Kitchen | Main | 9.84' x 15.42' | |
| Prim Bdrm | Main | 9.68' x 10.17' | |
| Br | Main | 9.68' x 10.17' |
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Georgina Market Statistics
Georgina Price Trend
87 Sibbald Cres is a 2-bedroom 1-bathroom home listed for sale at $988,000, which is $468,000 (90.0%) higher than the average sold price of $520,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Georgina declined by $62,221 (10.7%) compared to the previous 30 day period (December 22 - January 20) and down $283,000 (35.2%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Georgina over the last 30 days (January 21 - February 19), which is up 37.5% compared with the previous 30 day period (December 22 - January 20) and down 42.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Georgina typically sold ($49,000) (9.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $26,842 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,955) 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 2-bedroom homes in Georgina over the last 30 days (January 21 - February 19) stood at 45.5%, down from 62.5% over the previous 30 days (December 22 - January 20) and down from 47.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Georgina stood at 52 days when successfully sold over the last 30 days (January 21 - February 19), compared to 102 days before being removed from the market upon being suspended or terminated.Listing contracted with Nest Seekers International Real Estate
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