118 Genuine Lane

FOR SALE
$1,286,000
118 Genuine Lane, Richmond Hill
118 Genuine Lane
118 Genuine Lane
118 Genuine Lane
118 Genuine Lane
118 Genuine Lane
118 Genuine Lane
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118 Genuine Lane
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
8
ROOMS
N9508550
MLSID
Contact Us
Property Description
Immaculate Townhome With 4 Bedrooms & 4 Washrooms Located In The Heart Of Richmond Hill. Bright Spacious Unit With Open Concept Style And Modern Designer Decor. Finished Bedroom Including 3-piece Ensuite Bathroom On Lower Level With Walkout To Backyard, Separate Entrance, And Direct Access To Garage (Rental Income Opportunity). Smooth Ceilings Throughout (10 On Main Level; 9 On Upper & Lower Levels). Upgraded Granite Countertops Throughout With Large Centre Waterfall Island Countertop In Kitchen. Concrete block party wall construction with acoustical insulation (concrete wall separating unit with neighbors). Alarm system installed. Original Owner. Upgraded Light Fixtures, Stainless Steel Kitchen Appliances, Front-load Washer . Common Element Fee (Includes Lawn & Yard Care + Snow Removal): $232.04/month. CAT5 in all bedrooms and alarm system installed
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-20 2024-10-24 34 $1,378,000 - Suspended
Nearby Intersections
Property Details
Community
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
20' x 89'
Fronting
South
Taxes
$5,793 (2024)
Basement
Finished, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 18.70'
KitchenMain11.15' x 11.48'
DiningMain10.50' x 15.09'
Prim Bdrm2nd11.48' x 10.83'
2nd Br2nd9.19' x 13.39'
3rd Br2nd8.86' x 12.14'
4th BrBsmt10.83' x 14.76'
Richmond Hill Market Statistics
Richmond Hill Price Trend
118 Genuine Lane is a 4-bedroom 4-bathroom townhome listed for sale at $1,286,000, which is $159,000 (11.0%) lower than the average sold price of $1,445,000 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 4 bedroom townhome in Richmond Hill increased by $133,375 (10.2%) compared to the previous 30 day period (September 15 - October 14) and up $380,250 (35.7%) from the same time one year ago.
Inventory Change
There were 8 4-bedroom townhomes listed in Richmond Hill over the last 30 days (October 15 - November 13), which is down 55.6% compared with the previous 30 day period (September 15 - October 14) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Richmond Hill typically sold $46,000 (3.2%) above asking price over the last 30 days (October 15 - November 13), which represents a $75,949 increase compared to the previous 30 day period (September 15 - October 14) and $70,053 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 townhomes in Richmond Hill over the last 30 days (October 15 - November 13) stood at 12.5%, down from 44.4% over the previous 30 days (September 15 - October 14) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Richmond Hill stood at 26 days when successfully sold over the last 30 days (October 15 - November 13), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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