44 Elway Crt

FOR SALE
$1,499,900
44 Elway Crt, North York
44 Elway Crt
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2 + 4
BEDROOMS
3
BATHROOMS
3
KITCHENS
5 + 9
ROOMS
W9416110
MLSID
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Property Description
Client RemarksAttention 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-17 2024-10-15 90 $1,499,900 - Expired
Extras
Please allow atleast 24 hours notice for all showings
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 $1,499,900, which is $457,761 (43.9%) higher than the average sold price of $1,042,139 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $111,757 (9.7%) compared to the previous 30 day period (November 18 - December 17) and up $77,074 (8.0%) from the same time one year ago.
Inventory Change
There were 72 2-bedroom homes listed in North York over the last 30 days (December 18 - January 16), which is down 20.9% compared with the previous 30 day period (November 18 - December 17) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold ($16,217) (1.6%) below asking price over the last 30 days (December 18 - January 16), which represents a $14,365 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,953) 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 2-bedroom homes in North York over the last 30 days (December 18 - January 16) stood at 66.7%, down from 87.9% over the previous 30 days (November 18 - December 17) and down from 119.4% 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 34 days when successfully sold over the last 30 days (December 18 - January 16), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Experts
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Incredible opportunity for investors or those seeking a live-in plus income property! With 3 self-contained units, the potential is endless for this well-maintained 1,403 sqft semi-detached property. The upper and basement units are currently occupied, generating income, while the main floor unit is vacant and move-in ready - perfect for owner-occupants or to lease for additional revenue. The property also boasts a 2-car detached garage plus 1 additional parking space in the laneway, providing plenty of parking for tenants or your own use. The garage also offers excellent potential for extra income if rented out for storage or parking. Ideally located in the vibrant Corso Italia neighbourhood, this property is conveniently close to public transit, schools, shops, restaurants, parks and more! Whether youre looking for an income-generating property or a place to call home with added income potential, this is it - dont miss out!
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