56 Niantic Cres

FOR SALE
$788,000
56 Niantic Cres, North York
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
56 Niantic Cres
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4
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
8 + 2
ROOMS
C8432612
MLSID
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Property Description
Discover the perfect blend of comfort, convenience, and city living in this remarkable 4-bedroom backsplit, boasting two spacious units designed to exceed your expectations. Nestled in a sought after neighbourhood, this property offers an unparalleled lifestyle, with close proximity to parks, schools, and major highways including the 401 and DVP, ensuring effortless connectivity to the city and the entire golden horseshoe. Both tenants month-to-month, cooperative, and willing to stay. New Windows (2023), New Heat Pump (2023). Third party financing may be available, ask L/A for details. Perfect opportunity for first-time buyers to skip the condo market and retain endless possibilities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-12 2022-10-27 15 $1,900 $1,900 Leased
Extras
Two fridges, two stoves, one dishwasher, one washer, one dryer, all electrical light fixtures
Nearby Intersections
Property Details
Property Type
Semi-Detached, Backsplit 4
Lot Size
30' x 117'
Fronting
North
Taxes
$4,171 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 19.16'South View, Large Window
DiningMain9.97' x 8.33'
KitchenUpper11.81' x 7.32'East View, Walk-Out
Prim BdrmUpper11.81' x 10.73'Large Window
2nd BrUpper6.33' x 15.75'Large Window
LivingLower10.89' x 20.31'Combined W/Dining
DiningLower10.89' x 20.31'Combined W/Living
KitchenIn Betwn12.24' x 8.73'
3rd BrIn Betwn11.22' x 10.24'Large Window
4th BrIn Betwn9.32' x 11.48'Large Window
North York Market Statistics
North York Price Trend
56 Niantic Cres is a 4-bedroom 2-bathroom home listed for sale at $788,000, which is $1,290,862 (62.1%) lower than the average sold price of $2,078,862 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $97,527 (4.5%) compared to the previous 30 day period (April 26 - May 25) and down $55,334 (2.6%) from the same time one year ago.
Inventory Change
There were 698 4-bedroom homes listed in North York over the last 30 days (May 26 - June 24), which is down 3.7% compared with the previous 30 day period (April 26 - May 25) and up 11.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold $8,387 (0.4%) above asking price over the last 30 days (May 26 - June 24), which represents a $9,596 decrease compared to the previous 30 day period (April 26 - May 25) and $59,099 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 4-bedroom homes in North York over the last 30 days (May 26 - June 24) stood at 41.8%, down from 42.1% over the previous 30 days (April 26 - May 25) and down from 55.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in North York stood at 18 days when successfully sold over the last 30 days (May 26 - June 24), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc.
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