28 Cobalt St

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28 Cobalt St, North York
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2 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
3 + 2
ROOMS
W3708310
MLSID
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Property Description
Income Property W/ 2 Spacious Apartments And A Finished Basement Apartment Rented. Upgrades And High End Laminate Flooring Leading To Spacious Updated Kitchen W/Eat-In Area Walk-Out To Backyard W/ 2 Car Garage (W/ Electricity). Finished Bsmt Includes Kitchen, One Bedroom, W/4-Piece Washroom. 3 Units In Total. Live In One And Rent Out The Rest For Income.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-01-23 2021-07-31 190 $1,425,000 - Expired
Extras
3 Electrical Panels, One In Each Apartment, 2 Car Garage, And 3 Separate Entrances. Seller Willing To Take Back A First Or Second Mortgage To A Qualified Buyer. Currenlty Fully Tenanted. Listing Broker Has Interest In The Property
Property Details
Street
Community
Property Type
Multiplex, 2-Storey
Lot Size
28' x 114'
Fronting
North
Taxes
$1,690 (2016)
Basement
Apartment
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
Detached
North York Market Statistics
North York Price Trend
28 Cobalt St is a 2-bedroom 3-bathroom home listed for sale at $768,000, which is $396,836 (34.1%) lower than the average sold price of $1,164,836 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom home in North York increased by $75,961 (7.0%) compared to the previous 30 day period (January 28 - February 26) and up $36,299 (3.2%) from the same time one year ago.
Inventory Change
There were 153 2-bedroom homes listed in North York over the last 30 days (February 27 - March 27), which is up 17.7% compared with the previous 30 day period (January 28 - February 26) and up 4.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold $79,316 (6.8%) above asking price over the last 30 days (February 27 - March 27), which represents a $31,983 increase compared to the previous 30 day period (January 28 - February 26) and $48,974 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 North York over the last 30 days (February 27 - March 27) stood at 64.7%, up from 56.2% over the previous 30 days (January 28 - February 26) and down from 74.0% 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 North York stood at 10 days when successfully sold over the last 30 days (February 27 - March 27), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Place Your Own Real Estate Ad Here Inc., Brokerage
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