44 Elway Crt

FOR SALE
$1,549,900
44 Elway Crt, North York
44 Elway Crt
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2 + 4
BEDROOMS
3
BATHROOMS
3
KITCHENS
5 + 9
ROOMS
W9042640
MLSID
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Property Description
Attention Investors! Discover an exceptional investment opportunity with this charming triplex, perfectly situated on a quiet court within walking distance to the subway. Each of the three units in this property is a spacious, self-contained 2-bedroom apartment, offering comfortable living spaces with ample amenities. Quiet Court Location: Enjoy the tranquility of a court with minimal traffic, providing a peaceful living environment. Proximity to Subway: Convenient access to public transportation within walking distance. Parking: Dedicated parking for each unit. Shared Laundry: On-site shared laundry facilities for tenant convenience. Only one neighbouring property, enhancing privacy and the property sides onto an open yard, perfect for outdoor activities and relaxation. Unit 1: Located on the lower level, this unit features above-grade windows, providing plenty of natural light. With 807 sq. ft. of living space, it rents for $1780 per month. Unit 2: The middle unit boasts 902 sq. ft. and offers a spacious layout. It rents for $1440 per month. Unit 3: The upper unit, also 902 sq. ft., rents for $1213 per month.
Extras
All tenants are on a month-to-month basis and will be assumed by the new owner, providing immediate rental income. Don't miss this opportunity to invest in a property with consistent rental demand and an excellent location.
Nearby Intersections
Property Details
Street
Property Type
Triplex, 2-Storey
Lot Size
36' x 105'
Fronting
North
Taxes
$5,236 (2024)
Basement
Walk-Up
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenLower10.10' x 7.74'
LivingLower13.88' x 14.70'
DiningLower5.54' x 11.06'
Prim BdrmLower9.71' x 18.77'
2nd BrLower10.99' x 12.99'
KitchenMain10.33' x 11.25'
LivingMain14.01' x 16.93'
DiningMain10.99' x 10.14'
Prim BdrmMain10.37' x 14.96'
2nd BrMain11.02' x 10.93'
KitchenUpper10.33' x 11.25'
LivingUpper14.01' x 16.93'
North York Market Statistics
North York Price Trend
44 Elway Crt is a 2-bedroom 3-bathroom home listed for sale at $1,549,900, which is $468,066 (43.3%) higher than the average sold price of $1,081,834 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $35,170 (3.1%) compared to the previous 30 day period (July 20 - August 18) and up $31,717 (3.0%) from the same time one year ago.
Inventory Change
There were 196 2-bedroom homes listed in North York over the last 30 days (August 19 - September 17), which is up 32.4% compared with the previous 30 day period (July 20 - August 18) and up 9.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold $4,217 (0.4%) above asking price over the last 30 days (August 19 - September 17), which represents a $2,229 decrease compared to the previous 30 day period (July 20 - August 18) and $23,583 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 North York over the last 30 days (August 19 - September 17) stood at 55.1%, up from 54.1% over the previous 30 days (July 20 - August 18) and up from 42.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in North York stood at 18 days when successfully sold over the last 30 days (August 19 - September 17), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Experts
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