158 Farmstead Rd
Rouge Woods, Richmond Hill, L4S 0B1
FOR SALE
$1,999,999
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BEDROOMS5
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Property Description
Welcome to this prestigious home, nestled on one of the newest streets in the well-sought-after Rouge Woods Community in Richmond Hill. Located within proximity to top-ranked schools, including the #1-ranked Silver Stream Public School and Bayview Secondary with its esteemed IB Program, this property offers an ideal setting for families. This spacious 5-bedroom detached corner home has been beautifully renovated (2024) from top to bottom on the first and second floors, featuring new roof (2021), new interlock driveway (2023), pot lights, flooring, a modern kitchen, and upgraded bathrooms (2024). The new entrance double-door (2024) opens to a stunning living room with soaring 18 ft ceilings and expansive windows, filling the space with natural light. The home boasts newly installed solar panel zebra blinds (2025) with remote control on the windows connecting the first and second floors and new window blinds (2025) throughout both floors. The bright, spacious breakfast area adds charm and a versatile main-floor room can be used as an office, playroom, or extra bedroom. The master bedroom features space for a king-size bed, large windows, his-and-hers closets, and a bright corner view with dual windows. The ensuite includes a double sink for added convenience. The fully finished basement offers exceptional versatility with two bedrooms, a full bathroom, and a dedicated gym room that can be converted into an extra bedroom. The spacious laundry room provides ample storage, while the wet bar and cabinetry make entertaining easy. The cozy basement living area is perfect for a home theatre setup. Convenience is at your doorstep with quick access to HWY 404, HWY 407, and HWY 7, plus Richmond Hill GO Station just a few minutes away. Enjoy the nearby Silver Stream Park, Rouge Woods Community Centre, and various amenities like Walmart, Costco, Freshco, and more! You don't want to miss it!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
55' x 100'
Fronting
North
Taxes
$8,662 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
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Richmond Hill Market Statistics
Richmond Hill Price Trend
158 Farmstead Rd is a 5-bedroom 5-bathroom home listed for sale at $1,999,999, which is $57,199 (2.9%) higher than the average sold price of $1,942,800 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $492,200 (20.2%) compared to the previous 30 day period (December 22 - January 20) and down $60,200 (3.0%) from the same time one year ago.Inventory Change
There were 26 5-bedroom homes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 23.8% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($58,660) (3.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $42,835 increase compared to the previous 30 day period (December 22 - January 20) and $178,550 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 5-bedroom homes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 38.5%, up from 9.5% over the previous 30 days (December 22 - January 20) and up from 15.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Richmond Hill stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Empowered Realty
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