197 The Queensway St S

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197 The Queensway St S, Georgina
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
8
ROOMS
N3772365
MLSID
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Property Description
Prime Investment Opportunity, ,Large Lot, Transitional Zoning. Brick Bungalow,On The Queensway. Two Separate Apartments. 2 Bedrooms Rented @ 1,550 Same Tenant 12 Years, Or 2 Bedroom And Live In Apartment, Easily Transformed To 3 Bedroom Residence. Buyer To Check Measurements, Taxes And Right Of Way Easement.
Extras
Adjacent To An Impressive Future Development.
Property Features
Public Transit
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
77' x 220'
Acreage
< .50
Fronting
East
Taxes
$2,829 (2016)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain17.45' x 18.04'Hardwood Floor, Fireplace, O/Looks Frontyard
DiningMain12.11' x 14.01'Laminate, O/Looks Backyard
KitchenMain7.94' x 17.39'Linoleum, Backsplash, Double Sink
MasterMain14.01' x 14.76'Laminate
2nd BrMain11.65' x 11.68'Laminate, Closet
LaundryMain5.25' x 11.48'
KitchenMain8.92' x 12.47'Laminate
3rd BrMain11.48' x 11.98'Laminate, Closet
Georgina Market Statistics
Georgina Price Trend
197 The Queensway St S is a 2-bedroom 2-bathroom home listed for sale at $728,888, which is $116,616 (19.0%) higher than the average sold price of $612,272 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom home in Georgina declined by $115,828 (15.9%) compared to the previous 30 day period (February 25 - March 25) and down $96,311 (13.6%) from the same time one year ago.
Inventory Change
There were 15 2-bedroom homes listed in Georgina over the last 30 days (March 26 - April 24), which is down 37.5% compared with the previous 30 day period (February 25 - March 25) and down 21.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Georgina typically sold $15,772 (2.6%) above asking price over the last 30 days (March 26 - April 24), which represents a $18,187 increase compared to the previous 30 day period (February 25 - March 25) and $891 more 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 Georgina over the last 30 days (March 26 - April 24) stood at 73.3%, up from 54.2% over the previous 30 days (February 25 - March 25) and up from 63.2% 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 Georgina stood at 16 days when successfully sold over the last 30 days (March 26 - April 24), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max All-Stars Realty Inc., Brokerage
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