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BEDROOMS2
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KITCHENS10
ROOMSS9239710
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Property Description
Welcome to 216 Cedar St, Stayner, where possibilities abound. This unique property features two separate dwellings, making it a perfect fit for investors seeking rental income or first-time buyers looking to offset mortgage costs. The main home includes a recently renovated legal 2-bedroom 1 bath apartment, offering spacious living areas, a bright kitchen, and comfortable bedrooms. This unit is ideal for either renting out or living in, providing flexibility to suit your needs. The second dwelling is a well-maintained 2-bedroom, 1-bath unit with a bonus loft space on the top floor which could be used as an additional bedroom, Office, play area or storage. Currently occupied by a AAA tenant. With separate entrances for each unit, privacy is assured for both occupants, enhancing the property's appeal for renters and owners alike. Situated on a generous lot in a quiet, family-friendly neighborhood, 216 Cedar St offers ample outdoor space, perfect for gardening, entertaining, or simply enjoying the serene surroundings. There's also plenty of parking available, adding to the convenience for residents of both units. The property's location is another major advantage, close to schools, parks, shopping, and dining, making it an attractive option for families and renters.
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
67' x 100'
Fronting
North
Taxes
$3,608 (2023)
Basement
Finished
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Lower | 12.57' x 13.88' | Laminate, Stainless Steel Appl |
| Living | Lower | 19.32' x 13.55' | Laminate |
| Prim Bdrm | Ground | 15.12' x 11.52' | Laminate |
| 2nd Br | Ground | 8.17' x 11.68' | Laminate |
| Living | 2nd | 12.66' x 10.04' | Laminate |
| Kitchen | 2nd | 7.45' x 10.01' | Laminate, Stainless Steel Appl |
| Prim Bdrm | 2nd | 10.04' x 12.27' | Laminate |
| 2nd Br | 2nd | 9.74' x 10.96' | Laminate |
| Loft | 3rd | 13.06' x 18.18' | |
| Loft | 3rd | 11.35' x 14.60' |
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Clearview Market Statistics
Clearview Price Trend
216 Cedar St is a 4-bedroom 2-bathroom home listed for sale at $599,999, which is $2,126,667 (78.0%) lower than the average sold price of $2,726,666 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Clearview increased by $2,271,666 (499.3%) compared to the previous 30 day period (July 22 - August 20) and up $1,400,416 (105.6%) from the same time one year ago.Inventory Change
There were 14 4-bedroom homes listed in Clearview over the last 30 days (August 21 - September 19), which is up 75.0% compared with the previous 30 day period (July 22 - August 20) and up 133.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Clearview typically sold ($243,000) (8.9%) below asking price over the last 30 days (August 21 - September 19), which represents a $233,000 decrease compared to the previous 30 day period (July 22 - August 20) and ($130,500) 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 4-bedroom homes in Clearview over the last 30 days (August 21 - September 19) stood at 21.4%, up from 12.5% over the previous 30 days (July 22 - August 20) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Clearview stood at 59 days when successfully sold over the last 30 days (August 21 - September 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Realty Systems Inc.
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