562 Royal York Rd
Stonegate-Queensway, Etobicoke, M8Y 2S6
FOR SALE
$1,049,000
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 2
ROOMSW8216898
MLSIDContact Us
Property Description
Cozy & charming 2 bedroom 2 storey nicely renovated and freshly painted house, ready to move in. The main level boasts a welcoming living space, separate dining room. The separate entrance to the basement apartment offers the ideal setup for generating rental income or accommodating extended family members, ensuring privacy for all. This income potential is a valuable asset for homeowners looking to offset their mortgage or invest in a property with a built-in revenue stream. With its prime locationm, just steps away from grocery stores, No Frills, Costco, public transit and easy access to the QEW.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-03 | 2023-11-21 | 18 | $1,150,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
25' x 131'
Fronting
West
Taxes
$3,278 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.45' x 13.32' | Vinyl Floor |
| Dining | Main | 6.43' x 12.50' | Vinyl Floor, W/O To Deck |
| Kitchen | Main | 8.76' x 8.76' | Vinyl Floor |
| Prim Bdrm | 2nd | 11.42' x 13.32' | Laminate, Double Closet |
| 2nd Br | 2nd | 6.43' x 10.99' | Laminate, Closet |
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Etobicoke Market Statistics
Etobicoke Price Trend
562 Royal York Rd is a 2-bedroom 2-bathroom home listed for sale at $1,049,000, which is $41,929 (3.8%) lower than the average sold price of $1,090,929 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Etobicoke declined by $72,813 (6.3%) compared to the previous 30 day period (February 29 - March 29) and down $277,807 (20.3%) from the same time one year ago.Inventory Change
There were 204 2-bedroom homes listed in Etobicoke over the last 30 days (March 30 - April 28), which is up 36.9% compared with the previous 30 day period (February 29 - March 29) and up 30.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Etobicoke typically sold $83,605 (7.7%) above asking price over the last 30 days (March 30 - April 28), which represents a $9,558 increase compared to the previous 30 day period (February 29 - March 29) and $248,879 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 (March 30 - April 28) stood at 66.2%, down from 69.1% over the previous 30 days (February 29 - March 29) and down from 74.4% 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 Etobicoke stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with New Era Real Estate
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