116 Moray Ave
Oak Ridges Lake Wilcox, Richmond Hill, L4E 3E1
FOR SALE
$2,088,800
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Property Description
Fabulous 2 Storey Home On 75 X 150 Ft. Treed Lot Backing Onto Mature Treed Conservation. Located Only Steps To Lake Wilcox In Sought After Oak Ridge Community. No Need For A Cottage When You Own This Prime Piece Of Real Estate. It's A Spectacular Setting! $$$ Spent On Upgrades T/Out. Gourgeous Lrg Cstm Built Kit & Bkfst Area W/Granite C/Tops, S/S Appls & Heated Travertine Tile Flring. Dining Room O/Looks Large Solarium. H/Wd Flrs, Crown Mldgs, 8.5" Baseboards
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-08 | 2022-09-26 | 18 | $2,100 | $2,000 | Leased |
Extras
The house can now be divided into two units, and the rental income for the second floor is $2000.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
75' x 150'
Fronting
East
Taxes
$7,198 (2024)
Basement
Finished
Exterior
Board/Batten, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
16
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 16.44' x 28.71' | Heated Floor, Granite Counter, Stainless Steel Appl |
| Dining | Main | 16.44' x 28.71' | Heated Floor, Combined W/Kitchen, W/O To Sunroom |
| Solarium | Main | 18.57' x 28.41' | Skylight, Fireplace, W/O To Pool |
| Family | Lower | 21.10' x 25.85' | Heated Floor, Gas Fireplace, Pot Lights |
| Living | Upper | 11.38' x 22.97' | Hardwood Floor, California Shutters, Pot Lights |
| Study | 2nd | 5.91' x 7.58' | Hardwood Floor, Open Concept |
| Prim Bdrm | 2nd | 11.61' x 13.09' | 4 Pc Ensuite, W/I Closet, Pot Lights |
| 2nd Br | 2nd | 11.61' x 13.09' | Hardwood Floor |
| 3rd Br | 2nd | 11.32' x 14.11' | Hardwood Floor |
| 4th Br | 2nd | 10.33' x 14.99' | Hardwood Floor |
| 5th Br | 2nd | 7.71' x 10.33' | Hardwood Floor |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
116 Moray Ave is a 5-bedroom 3-bathroom home listed for sale at $2,088,800, which is $246,887 (10.6%) lower than the average sold price of $2,335,687 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill increased by $71,326 (3.1%) compared to the previous 30 day period (September 21 - October 20) and up $127,787 (5.8%) from the same time one year ago.Inventory Change
There were 25 5-bedroom homes listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 41.9% compared with the previous 30 day period (September 21 - October 20) and up 19.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($37,347) (1.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $58,042 increase compared to the previous 30 day period (September 21 - October 20) and ($96,457) 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 (October 21 - November 19) stood at 64.0%, up from 18.6% over the previous 30 days (September 21 - October 20) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Richmond Hill stood at 35 days when successfully sold over the last 30 days (October 21 - November 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Ey Homes Realty Inc.
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