1 Lakeside Cres

FOR SALE
$2,170,000
1 Lakeside Cres, Richmond Hill
1 Lakeside Cres
1 Lakeside Cres
1 Lakeside Cres
1 Lakeside Cres
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4 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 6
ROOMS
N9017406
MLSID
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Property Description
Great Potential!! Attention All Investors/Developers Large Double Lot 100 X100 Ft With Unobstructed Water Views! Unique One Of A Kind Opportunity To Own On Desirable Lake Wilcox. Cottage Country Within City Limits. Upgraded Bungalow With Self Contained Basement Apartment. Aaa Tenant In The Main Floor Willing To Move Out After Closing, Lower Apartment Will Be Vacant On Sep. Both Have Self Contained Laundry Rooms.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-01-28 2022-06-15 137 $2,290,000 - Suspended
2022-03-15 2022-03-15 0 $2,290,000 - Suspended
2021-09-17 2021-12-31 105 $2,290,000 - Expired
2021-04-13 2021-08-31 140 $2,290,000 - Expired
Extras
Newer Metal Roof, All Appliances, Recently Renovated Throughout. Newer Furnace, Water Tank And Air Conditioner.
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Lot Size
100' x 100'
Acreage
< .50
Fronting
South
Taxes
$2,754 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Other
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 21.33'Combined W/Dining, Window
DiningMain10.50' x 21.33'Combined W/Living
KitchenMain10.50' x 12.63'Overlook Water, Ceramic Floor
Prim BdrmMain9.02' x 11.48'Overlook Water, Closet
2nd BrMain8.86' x 12.96'Overlook Water, Closet
3rd BrMain7.87' x 9.51'Overlook Water, Closet
4th BrMain9.35' x 9.68'Overlook Water, Closet
LivingBsmt9.84' x 22.47'Overlook Water, Ceramic Floor
KitchenBsmt11.06' x 15.72'Overlook Water, Ceramic Floor
Richmond Hill Market Statistics
Richmond Hill Price Trend
1 Lakeside Cres is a 4-bedroom 2-bathroom home listed for sale at $2,170,000, which is $88,159 (4.2%) higher than the average sold price of $2,081,841 in the last 30 days (June 17 - July 16). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $67,544 (3.4%) compared to the previous 30 day period (May 18 - June 16) and up $326,124 (18.6%) from the same time one year ago.
Inventory Change
There were 148 4-bedroom homes listed in Richmond Hill over the last 30 days (June 17 - July 16), which is down 14.0% compared with the previous 30 day period (May 18 - June 16) and up 0.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($7,543) (0.4%) below asking price over the last 30 days (June 17 - July 16), which represents a $30,143 decrease compared to the previous 30 day period (May 18 - June 16) and $17,354 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 Richmond Hill over the last 30 days (June 17 - July 16) stood at 32.4%, down from 32.6% over the previous 30 days (May 18 - June 16) and down from 55.8% 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 Richmond Hill stood at 17 days when successfully sold over the last 30 days (June 17 - July 16), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with First Class Realty Inc.
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