8 Elderwood Pl
Brampton North, Brampton, L6V 3N3
FOR SALE
$995,000
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Property Description
For more info on this property, please click Brochure button. This well-maintained 5-level semi-detached back-split home in a quiet Brampton North location offers incredible versatility with two independent living units, perfect for multi-generational living or potential rental income. Situated on a spacious 30 x 135 ft lot with no rear neighbors, there is space in backyard unit to construct potential backyard unit to generate additional income. Upper bed features 4 bedrooms (One converted to laundry room), a large living/dining area with laminate floors, and a family-sized eat-in kitchen with a new ceramic backsplash. The 4-piece bathroom has updated flooring, and the home is freshly painted and move-in ready. The lower walkout unit has been recently renovated, spacious 2 bedrooms, 1 bathroom, a large living/dining area, and separate laundry, all with laminate flooring and ample storage and is generating good rental income. Recent upgrades include a newly paved driveway (2022), a new air conditioning unit (2020), and a roof with a warranty. Appliances include 2 stoves, 2 refrigerators, 2 washers, 2 dryers, and a garden shed. With its excellent condition and income-generating potential, this property is ideal for first-time buyers and investors alike!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-05 | 2022-03-20 | 14 | $2,500 | $2,400 | Leased |
Nearby Intersections
Main & Williams (12)
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Property Details
Street
Community
City
Property Type
Semi-Detached, Backsplit 5
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 135'
Fronting
East
Taxes
$4,771 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Brampton Market Statistics
Brampton Price Trend
8 Elderwood Pl is a 3-bedroom 2-bathroom home listed for sale at $995,000, which is $138,574 (16.2%) higher than the average sold price of $856,426 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Brampton declined by $66,691 (7.2%) compared to the previous 30 day period (November 19 - December 18) and down $35,825 (4.0%) from the same time one year ago.Inventory Change
There were 159 3-bedroom homes listed in Brampton over the last 30 days (December 19 - January 17), which is down 23.2% compared with the previous 30 day period (November 19 - December 18) and up 87.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Brampton typically sold ($3,626) (0.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $12,681 increase compared to the previous 30 day period (November 19 - December 18) and ($23,287) 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 3-bedroom homes in Brampton over the last 30 days (December 19 - January 17) stood at 80.5%, up from 68.1% over the previous 30 days (November 19 - December 18) and down from 144.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Brampton stood at 23 days when successfully sold over the last 30 days (December 19 - January 17), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Easy List Realty Ltd.
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