34 Simpson Ave

FOR SALE
$674,999
34 Simpson Ave, Clarington
34 Simpson Ave
34 Simpson Ave
34 Simpson Ave
34 Simpson Ave
34 Simpson Ave
34 Simpson Ave
34 Simpson Ave
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34 Simpson Ave
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
E9239097
MLSID
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Property Description
An excellent opportunity awaits investors, entrepreneurs, renovators, and visionaries at 34 Simpson! This solid brick bungalow, built in 1963 and lovingly maintained by the same family since 1972, is ready for someone to unlock its full potential. While the home requires updates and a complete overhaul, the possibilities are vast. The main house offers a spacious combined living/dining room, a galley kitchen, and three bedrooms, with a basement workshop, utility room, and large rec room that could easily be converted into a basement apartment for additional income. Even more exciting, Clarington has confirmed that the expansive lot can accommodate up to two additional dwelling units (ADUs), providing incredible investment potential. Whether you choose to rent out the current home and build new structures, or occupy one yourself, the options are endless. While the property shows signs of neglect due to a decade of smoke exposure, it remains a true diamond in the rough, ready to be transformed into a lucrative and unique income-generating space. Make sure to explore the backyard to fully appreciate the size and possibilities. This is an investment in the future!
Extras
The location of this home makes it a popular area with easy access to shopping, hospitals and public transportation. Solidly built bungalow.
Property Features
Hospital
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
45' x 216'
Lot Irregularities
45' 3 1/8" rear & 217' 2" south side
Fronting
West
Taxes
$4,222 (2024)
Basement
Part Fin
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.53' x 13.78'Galley Kitchen
LivingMain12.80' x 23.95'Combined W/Dining, Hardwood Floor, Picture Window
Prim BdrmMain12.14' x 9.51'Hardwood Floor, Closet
2nd BrMain8.20' x 10.17'Hardwood Floor, Closet
3rd BrMain7.55' x 10.83'Hardwood Floor, Closet
RecBsmt25.26' x 38.06'Panelled
UtilityBsmt12.14' x 20.67'Laundry Sink
WorkshopBsmt12.14' x 11.48'
Clarington Market Statistics
Clarington Price Trend
34 Simpson Ave is a 3-bedroom 1-bathroom home listed for sale at $674,999, which is $240,342 (26.3%) lower than the average sold price of $915,341 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Clarington increased by $28,129 (3.2%) compared to the previous 30 day period (July 22 - August 20) and up $291,525 (46.7%) from the same time one year ago.
Inventory Change
There were 87 3-bedroom homes listed in Clarington over the last 30 days (August 21 - September 19), which is down 9.4% compared with the previous 30 day period (July 22 - August 20) and up 11.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Clarington typically sold ($7,598) (0.8%) below asking price over the last 30 days (August 21 - September 19), which represents a $18,628 decrease compared to the previous 30 day period (July 22 - August 20) and ($1,602) 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 Clarington over the last 30 days (August 21 - September 19) stood at 72.4%, up from 49.0% over the previous 30 days (July 22 - August 20) and down from 129.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Clarington stood at 12 days when successfully sold over the last 30 days (August 21 - September 19), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker - R.M.R. Real Estate
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