14 May Ave
North Richvale, Richmond Hill, L4C 3S6
FOR SALE
$1,999,000
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Property Description
*Attention Builders, Investors or End Users! 3 Bedroom Bungalow In the Heart of Richmond Hill on a Huge Lot, *80' Frontage, in Prestigious North Richvale, Amongst many Luxury Homes. Mature and Established Neighborhood. Basement Features a Separate entrance. Excellent Location, Close to all Shopping, Hillcrest Mall, Transit, Top Ranked Schools, Hospital, Library, Parks etc. Minute walk to Yonge St.
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Extras
Huge Lot! Functional Floor Plan, *Newly painted. The Basement features Large Windows & a *Separate Entrance. Newer Furnace (2023). Garage includes a Rear Roll up door. Property has potential for various uses. Excellent Opportunity!
Nearby Intersections
Property Features
Park, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
80' x 137'
Acreage
< .50
Fronting
North
Taxes
$7,505 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Richmond Hill Market Statistics
Richmond Hill Price Trend
14 May Ave is a 3-bedroom 1-bathroom home listed for sale at $1,999,000, which is $612,037 (44.1%) higher than the average sold price of $1,386,963 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill increased by $59,786 (4.5%) compared to the previous 30 day period (February 27 - March 27) and down $20,365 (1.4%) from the same time one year ago.Inventory Change
There were 93 3-bedroom homes listed in Richmond Hill over the last 30 days (March 28 - April 26), which is up 19.2% compared with the previous 30 day period (February 27 - March 27) and up 69.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $64,890 (4.7%) above asking price over the last 30 days (March 28 - April 26), which represents a $3,605 increase compared to the previous 30 day period (February 27 - March 27) and $102,832 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 3-bedroom homes in Richmond Hill over the last 30 days (March 28 - April 26) stood at 44.1%, down from 57.7% over the previous 30 days (February 27 - March 27) and down from 58.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Richmond Hill stood at 14 days when successfully sold over the last 30 days (March 28 - April 26), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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