2 Kingsway Gate

FOR SALE
$999,999
2 Kingsway Gate, Clarington
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
2 Kingsway Gate
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4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 5
ROOMS
E8200502
MLSID
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Property Description
Calling all Investors and Househackers! Amazing Turnkey Opportunity to Own this All Brick Corner Lot Triplex Located on Oshawa/Courtice Border! 3 Spacious Fully AAA Tenanted Units W/ Separate Hydro Meter! Lower Unit Recently Reno'd w Quality Upgrades! Each Unit Boasts 2 Large Bedrooms and 1 Bath Showcasing Tons of Natural Light and Functional Floorplan! Ample Parking in Front and Back of Building! Lots of Storage including Garage and Shed! Coin Operated Laundry in Common Area on Lower Level! Newer Roof! No Rental Items! Huge Corner Lot with Potential to Increase Rents and Overall Cashflow! Live in One Unit and Rent Out the Other Two! Quiet and Safe Neighbourhood Just Steps to Shopping Center, Public Transit, Schools and Parks. Conveniently Located only 5 Min from Hwy 401 & Hwy 418! Book your Showing Today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-25 2021-03-31 6 $1,850 $1,850 Leased
2021-02-06 2021-02-10 4 $1,825 - Terminated
Extras
Lower: 2nd BR 3.79m x 2.01m LR: 3.74mx 3.52m DR:3.74m x 3.51m
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Triplex, 3-Storey
Lot Size
49' x 108'
Fronting
North
Taxes
$5,043 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Kitchen3rd11.81' x 14.70'Eat-In Kitchen, Backsplash, Ceramic Floor
Dining3rd8.43' x 12.57'Combined W/Living, Window, Laminate
Living3rd12.57' x 14.60'Combined W/Living, Window, Laminate
Prim Bdrm3rd11.48' x 12.20'4 Pc Ensuite, Window, Laminate
2nd Br3rd8.83' x 11.45'Large Closet, Window, Laminate
Kitchen2nd11.81' x 14.70'Eat-In Kitchen, Backsplash, Ceramic Floor
Dining2nd8.43' x 12.57'Combined W/Living, Window, Laminate
Living2nd12.57' x 14.60'Combined W/Dining, Window, Laminate
Prim Bdrm2nd11.48' x 12.20'4 Pc Ensuite, Window, Large Closet
2nd Br2nd8.83' x 11.45'Large Closet, Window, Laminate
KitchenLower6.66' x 12.14'B/I Dishwasher, Backsplash, Ceramic Floor
Prim BdrmLower11.15' x 12.43'Large Closet, Window, Above Grade Window
Clarington Market Statistics
Clarington Price Trend
2 Kingsway Gate is a 4-bedroom 3-bathroom home listed for sale at $999,999, which is $143,394 (12.5%) lower than the average sold price of $1,143,393 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Clarington increased by $96,293 (9.2%) compared to the previous 30 day period (March 15 - April 13) and up $52,493 (4.8%) from the same time one year ago.
Inventory Change
There were 97 4-bedroom homes listed in Clarington over the last 30 days (April 14 - May 13), which is up 42.6% compared with the previous 30 day period (March 15 - April 13) and up 42.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Clarington typically sold $71,506 (6.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $17,634 increase compared to the previous 30 day period (March 15 - April 13) and $36,562 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 4-bedroom homes in Clarington over the last 30 days (April 14 - May 13) stood at 34.0%, down from 58.8% over the previous 30 days (March 15 - April 13) and down from 63.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Clarington stood at 9 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc.
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