56 Niantic Cres
Parkwoods-Donalda, North York, M3A 2H7
FOR SALE
$939,000
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 4
ROOMSC9505714
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Property Description
Location, Location, Location! Whether you're a first-time homebuyer or a seasoned investor seeking a property with endless potential, this is your chance to own a versatile property in a location that promises lifestyle and investment returns. Unlock an exceptional investment opportunity with this stunning 4-bedroom back split, ideally situated in one of Toronto's affluent and highly sought-after neighbourhoods. This property features two expansive rental units, making it a perfect blend of practicality and profitability. The property is currently tenanted month-to-month. Upgrades include windows and a heat pump.
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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
Located in a prime area, you'll enjoy seamless access to Toronto's best, including parks, top-rated schools, public transportation, and major highways; 401 and DVP.
Nearby Intersections
Sheppard & 404 (139)
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Property Details
Street
Community
City
Property Type
Semi-Detached, Backsplit 3
Lot Size
30' x 118'
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 19.16' | Large Window, Hardwood Floor, Combined W/Dining |
| Dining | Main | 9.97' x 8.33' | Ceiling Fan, Hardwood Floor, Combined W/Living |
| Kitchen | Main | 11.81' x 7.32' | Breakfast Bar, Tile Floor, W/O To Yard |
| Prim Bdrm | Main | 11.81' x 10.73' | Large Window, Hardwood Floor, B/I Closet |
| 2nd Br | Main | 6.33' x 15.75' | Large Window, Hardwood Floor, Large Closet |
| Living | Lower | 10.89' x 20.31' | Pot Lights, Tile Floor, Combined W/Dining |
| Dining | Lower | 10.89' x 20.31' | Pot Lights, Tile Floor, Combined W/Living |
| Kitchen | Lower | 12.24' x 8.73' | Breakfast Bar, Tile Floor, W/O To Yard |
| 3rd Br | Lower | 11.22' x 10.24' | Large Window, Hardwood Floor, Double Closet |
| 4th Br | In Betwn | 9.32' x 11.48' | Large Window, Hardwood Floor, Double Closet |
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North York Market Statistics
North York Price Trend
56 Niantic Cres is a 2-bedroom 2-bathroom home listed for sale at $939,000, which is $172,074 (15.5%) lower than the average sold price of $1,111,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $80,620 (6.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,466 (0.1%) from the same time one year ago.Inventory Change
There were 148 2-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 33.0% compared with the previous 30 day period (September 21 - October 20) and down 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold ($5,553) (0.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $12,321 decrease compared to the previous 30 day period (September 21 - October 20) and $7,439 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 (October 21 - November 19) stood at 83.8%, up from 46.2% over the previous 30 days (September 21 - October 20) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in North York stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Woodsview Realty Inc.
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