41 A Algoma St

Mimico, Etobicoke, M8Y 1C4
FOR SALE
$1,050,000
41 A Algoma St, Etobicoke
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
W9376208
MLSID
Contact Us
Property Description
Imagine coming home to the quiet of nature, engaging in your backyard oasis or going for a walk at the nearby park - welcome to 41A Algoma St! Spanning 2 floors you start by walking into a large kitchen that flows into the dining room, sitting room and living room. Just off the living room you have an enclosed patio overlooking your garden oasis. The backyard is perfect for all type of gardens, bbq parties or just even to relax and eat pears (yes there's a pear tree). Heading upstairs you're greeted by two bedrooms - each with separate heat controls. The basement has lots of storage space, the laundry system and a a walkout to the garage. This is a perfect starter home ready to be loved! Furnace was replaced Jan 2024. Note: driveway was widened and a retaining wall put in about 10 years ago. Garage is heated. Around the area you have seemingly endless trails, a huge park, running path, soccer field, schools with daycare programs, TTC and the Go Train.
Extras
1340 sq ft (per GeoWarehouse)-AC & Furnace is owned. Forced air is only on the main level - upstairs is baseboard heating and needs a portable air conditioning unit. Basement gas fireplace & sink/cabinet are not in working order.
Nearby Intersections
Property Features
Fenced Yard, Lake/Pond, Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
24' x 126'
Acreage
< .50
Fronting
South
Taxes
$4,525 (2024)
Basement
Part Fin, W/O
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
Built-In
Etobicoke Market Statistics
Etobicoke Price Trend
41 A Algoma St is a 2-bedroom 3-bathroom home listed for sale at $1,050,000, which is $145,222 (12.2%) lower than the average sold price of $1,195,222 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom home in Etobicoke increased by $122,616 (11.4%) compared to the previous 30 day period (August 18 - September 16) and up $156,718 (15.1%) from the same time one year ago.
Inventory Change
There were 239 2-bedroom homes listed in Etobicoke over the last 30 days (September 17 - October 16), which is up 28.5% compared with the previous 30 day period (August 18 - September 16) and up 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Etobicoke typically sold $14,600 (1.2%) above asking price over the last 30 days (September 17 - October 16), which represents a $14,122 increase compared to the previous 30 day period (August 18 - September 16) and $25,093 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 Etobicoke over the last 30 days (September 17 - October 16) stood at 46.9%, down from 53.2% over the previous 30 days (August 18 - September 16) and down from 48.4% 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 Etobicoke stood at 17 days when successfully sold over the last 30 days (September 17 - October 16), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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