10 Kersey Cres

FOR SALE
$2,398,000
10 Kersey Cres, Richmond Hill
10 Kersey Cres
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
N9012708
MLSID
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Property Description
Attention Developers, Builders & Investors: Amazing Opportunity To Acquire A Prime Redevelopment Site Located In Richmond Hill. Over 1 Acre Development Site. Must Be Purchased Along With 116 Weldrick Ave And 8 and 10 Kersey Cres. A Developers Dream, Located Within 2 Minutes to Yonge St, Public Transportation & All Amenities and Highways. A Golden Opportunity To Build Townhomes. More info available upon request.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-11 2024-07-25 14 $1,700 - Terminated
Extras
Currently Rented Out Month To Month To Great Tenants Which Will Continue To Provide Income While Zoning & Planning Are Completed.
Nearby Intersections
Property Features
Park, Public Transit, School
Property Details
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 254'
Fronting
West
Taxes
$8,855 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingGround13.94' x 15.49'Parquet Floor, Open Concept, Combined W/Dining
DiningGround12.43' x 13.94'Combined W/Living, Parquet Floor
KitchenGround11.42' x 18.11'Ceramic Floor, Backsplash, Eat-In Kitchen
Prim BdrmGround11.94' x 13.94'Hardwood Floor, Closet, 2 Pc Ensuite
2nd BrGround11.98' x 12.50'Closet, Hardwood Floor, California Shutters
3rd BrGround9.61' x 14.04'Hardwood Floor, Closet
KitchenBsmt10.66' x 19.65'Ceramic Floor, Ceramic Back Splash
RecBsmt25.92' x 26.15'California Shutters, Ceramic Floor, Gas Fireplace
OfficeBsmt8.79' x 9.35'Broadloom
Richmond Hill Market Statistics
Richmond Hill Price Trend
10 Kersey Cres is a 3-bedroom 3-bathroom home listed for sale at $2,398,000, which is $988,387 (70.1%) higher than the average sold price of $1,409,613 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill declined by $50,971 (3.5%) compared to the previous 30 day period (September 21 - October 20) and down $10,918 (0.8%) from the same time one year ago.
Inventory Change
There were 60 3-bedroom homes listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 31.8% compared with the previous 30 day period (September 21 - October 20) and down 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $5,470 (0.4%) above asking price over the last 30 days (October 21 - November 19), which represents a $46,779 increase compared to the previous 30 day period (September 21 - October 20) and ($36,051) 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 Richmond Hill over the last 30 days (October 21 - November 19) stood at 70.0%, up from 36.4% over the previous 30 days (September 21 - October 20) and up from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Richmond Hill stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Excel Realty Ltd.
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