11222 Bayview Ave E
Devonsleigh, Richmond Hill, L4S 1L4
FOR SALE
$3,999,800
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5
BEDROOMS4
BATHROOMS1
KITCHENS10
ROOMSN11943372
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Property Description
Attention investors, builders, and end users: Don't miss this rare opportunity to own one of the last remaining 1.51-acre corner lots in the heart of Richmond Hill, located on Bayview Avenue. Boasting 150.43 feet of frontage and two entrances, this prime property is surrounded by established residential neighborhoods and newly developed subdivisions. With public transportation at your doorstep and proximity to top-rated private and public schools, shopping centers, educational institutions, churches, and parks, the location is unmatched. Just minutes from HWY 404, this lot offers endless potential for various uses. The existing home spans over3,000 sq. ft., featuring 5 bedrooms, 4 bathrooms, and a finished basement. An excellent investment or development opportunity awaits!
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Extras
The owner is open to staying if you are serious about fully developing this property
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
190' x 363'
Fronting
East
Taxes
$10,378 (2024)
Basement
Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.98' x 23.00' | Fireplace |
| Dining | Main | 14.99' x 17.98' | |
| Family | Main | 17.98' x 13.98' | |
| Kitchen | Main | 14.99' x 23.00' | |
| Prim Bdrm | 2nd | 23.00' x 14.99' | |
| 2nd Br | 2nd | 14.99' x 13.98' | |
| 3rd Br | 2nd | 27.99' x 11.98' | |
| 4th Br | 2nd | 12.99' x 12.99' | |
| Rec | Bsmt | 17.98' x 13.98' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
11222 Bayview Ave E is a 5-bedroom 4-bathroom home listed for sale at $3,999,800, which is $1,564,800 (64.3%) higher than the average sold price of $2,435,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $1,290,617 (34.6%) compared to the previous 30 day period (November 19 - December 18) and down $313,750 (11.4%) from the same time one year ago.Inventory Change
There were 20 5-bedroom homes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is up 81.8% compared with the previous 30 day period (November 19 - December 18) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($101,495) (4.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $64,341 increase compared to the previous 30 day period (November 19 - December 18) and ($191,950) 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 5-bedroom homes in Richmond Hill over the last 30 days (December 19 - January 17) stood at 10.0%, down from 100.0% over the previous 30 days (November 19 - December 18) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Richmond Hill stood at 65 days when successfully sold over the last 30 days (December 19 - January 17), compared to 97 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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