22 Elway Crt

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22 Elway Crt, North York
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8
BEDROOMS
6
BATHROOMS
3
KITCHENS
17
ROOMS
W8213828
MLSID
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Property Description
Calling all investors - both new and seasoned! Don't miss the opportunity to add this to your real estate portfolio. Currently, the ONLY legal triplex on the market in the Yorkdale-Glen Park area. This impeccable semi-detached triplex comprises of three units over 1300sqft EACH; Two [3bd, 2 bath] units, and one [2bd, 2 bath unit]. The deep lot of 154ft and detached double car garage gives you the potential to build a garden suite for additional unit(s) and rental income. The building renovations include but are not limited to: luxury vinyl floors, new stainless-steel appliances, quartz countertops, pot lights throughout, in-unit laundry, updated bathrooms, Mitsubishi Split A/C units and a newly paved stone driveway. Tucked away in a quiet residential cul-de-sac, this property is conveniently near Lawrence-Allen Centre, Lawrence West/Glencairn subway stations, Allen Rd, Hwy 401, Yorkdale Mall, shopping, dining, schools, and parks. Monthly rent rates:- Unit 1: $2403.63- Unit 2: $2716- Unit 3: $2767.50 - Tenants pay hydro.
Extras
All electrical light fixtures, all window coverings, 3 stainless steel stoves, 3 stainless steel fridges, 3 stainless steel dishwashers, 3 stainless steel built-in microwaves, 3 clothes washers and dryers, and 9 wall A/C units.
Nearby Intersections
Property Details
Street
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
31' x 154'
Fronting
West
Taxes
$6,183 (2023)
Basement
Apartment, Finished
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain17.75' x 14.01'Combined W/Dining, Pot Lights, Vinyl Floor
DiningMain8.99' x 11.32'Combined W/Living, Pot Lights
KitchenMain10.83' x 10.01'Stainless Steel Appl, Quartz Counter, Pot Lights
Prim BdrmMain14.50' x 11.42'3 Pc Ensuite, Pot Lights, His/Hers Closets
2nd BrMain13.16' x 10.01'Pot Lights, Vinyl Floor, B/I Closet
3rd BrMain8.99' x 10.01'Pot Lights, Vinyl Floor, B/I Closet
BathroomMain6.27' x 7.35'4 Pc Bath
Living2nd17.75' x 14.01'Combined W/Dining, Vinyl Floor, Pot Lights
Dining2nd8.99' x 11.32'Combined W/Living, Vinyl Floor, Pot Lights
Kitchen2nd10.83' x 10.01'Pot Lights, Quartz Counter, Stainless Steel Appl
Prim Bdrm2nd14.50' x 11.42'3 Pc Ensuite, Pot Lights, His/Hers Closets
2nd Br2nd13.16' x 10.01'Pot Lights, Vinyl Floor, His/Hers Closets
North York Market Statistics
North York Price Trend
22 Elway Crt is a 8-bedroom 6-bathroom home listed for sale at $1,699,000, which is $974,000 (36.4%) lower than the average sold price of $2,673,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 8 bedroom home in North York increased by $525,500 (24.5%) compared to the previous 30 day period (March 15 - April 13) and down $689,933 (20.5%) from the same time one year ago.
Inventory Change
There were 12 8-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 100.0% compared with the previous 30 day period (March 15 - April 13) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
8-bedroom homes in North York typically sold ($161,500) (6.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $161,000 decrease compared to the previous 30 day period (March 15 - April 13) and ($134,400) 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 8-bedroom homes in North York over the last 30 days (April 14 - May 13) stood at 33.3%, down from 33.3% over the previous 30 days (March 15 - April 13) and down from 37.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 6-bathroom home in North York stood at 90 days when successfully sold over the last 30 days (April 14 - May 13), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Security Real Estate Inc.
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