2 Gray Gate

FOR SALE
$987,000
2 Gray Gate, Halton Hills
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 6
ROOMS
W10422543
MLSID
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Property Description
Welcome to 2 Gray Gate. This well-maintained bungalow in a mature, family-friendly neighbourhood of Georgetown offers both comfort and convenience. The property is currently set up as a duplex, with separate AAA+ tenants on the main floor and in the legal basement apartment. This is great option for new investors looking for their first project, or the experienced landlord looking to develop their portfolio a little further. This home has three nice sized bedrooms and one full 4 piece bathroom on the main, and another two bedrooms and one full bathroom in the basement. Each dwelling has it's own full kitchen and laundry as well, allowing tenants to enjoy all the amenities as they need. This property features a large fenced private backyard, and separate sitting area for the basement tenants. The grounds are meticulously maintained, with concrete patios in the back and front porch area. Each dwelling has it's own private driveway, allowing room for up to five cars providing the luxury of being able to come and go with ease! Situated in a fantastic neighbourhood, you are walking distance to nearly anything you require, schools, shopping, parks and more, all right by your doorstep. Come check out your next investment opportunity, today!
Extras
AC and Furnace 2017, Sliding door 2009, Basement completed with permits (closed) in 2017. Plenty of storage, Current tenants have resided in the home since 2020. The are unbelievably fantastic people, have paid on time since the beginning.
Property Features
Fenced Yard, Hospital, Park, School, School Bus Route
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 110'
Fronting
West
Taxes
$4,538 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.58' x 14.83'Hardwood Floor, Bay Window
DiningMain8.63' x 10.37'Hardwood Floor, W/O To Patio
KitchenMain12.93' x 14.11'Tile Floor, Window
BathroomMain4.92' x 9.38'Tile Floor, 4 Pc Bath
Prim BdrmMain10.04' x 11.58'Hardwood Floor, Closet, Window
2nd BrMain8.99' x 9.81'Hardwood Floor, Closet, Window
3rd BrMain7.87' x 11.25'Hardwood Floor, Window, Closet
RecBsmt15.16' x 18.73'Vinyl Floor, Pot Lights, Large Window
KitchenBsmt10.37' x 11.52'Vinyl Floor, Pot Lights, Stainless Steel Appl
4th BrBsmt9.91' x 9.97'Vinyl Floor, Window, Closet
5th BrBsmt9.02' x 9.91'Vinyl Floor, Window, Closet
BathroomBsmt5.28' x 8.46'Tile Floor, 4 Pc Bath
Halton Hills Market Statistics
Halton Hills Price Trend
2 Gray Gate is a 3-bedroom 2-bathroom home listed for sale at $987,000, which is $193,980 (24.5%) higher than the average sold price of $793,020 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Halton Hills declined by $130,949 (14.2%) compared to the previous 30 day period (October 22 - November 20) and down $1,577,279 (66.5%) from the same time one year ago.
Inventory Change
There were 38 3-bedroom homes listed in Halton Hills over the last 30 days (November 21 - December 20), which is down 38.7% compared with the previous 30 day period (October 22 - November 20) and up 65.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Halton Hills typically sold ($22,018) (2.8%) below asking price over the last 30 days (November 21 - December 20), which represents a $6,809 increase compared to the previous 30 day period (October 22 - November 20) and ($135,043) 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 Halton Hills over the last 30 days (November 21 - December 20) stood at 139.5%, up from 53.2% over the previous 30 days (October 22 - November 20) and up from 73.9% 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 Halton Hills stood at 30 days when successfully sold over the last 30 days (November 21 - December 20), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Real Estate Associates
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