16 Oak Ave
South Richvale, Richmond Hill, L4C 6R7
FOR SALE
$2,000,000
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Property Description
2836 Sqft (MPAC) Above Grade. Incredible 45.02' x 241.74' Lot In High Demand Neighbourhood Of Richmond Hill. Traditional Main Floor Plan With Liv/Din & Fam Rm. Private Office On Ground Floor For Work From Home Space. Eat-In Kitchen With Breakfast Bar And W/O To Yard. Spotless Home With Very Little Wear And Tear. Hardwood Floors And Ceramics Throughout Show The True Pride Of Ownership In This Lovingly Cared For Home By Italian Family. Open Foyer With Curved Stairs, 9' Ceiling On Main, Crown Mouldings, Vinyl Windows, Gas Fireplace. 4 Car Driveway. Double Door Entrance. Direct Access To Garage. 2nd Floor Has Large Bedrooms With W/I Closets, Spotless Floors, Room To Add 3rd Bathroom, Primary Room With His/Hers W/I Closets & Ensuite Bath. Unspoiled Dry As A Bone Bsmt. Concrete Patio & Walkway In Backyard. Future Development Potential As Yonge St Develops, This Home Is Located In A Major Transit Station Area, Which Means There Could Be A Day You Sell To A Developer For Big $$$. All Brick & Very Well Maintained. Professional Front/Back Yard Landscaping. Open Wide Foyer W/18' Ceiling. Main Floor W/9' Ceiling. Spacious Bright & Full Of Sunshine. Hardwood Floor & Ceramic Floor Throughout. Huge Living Rm W/Big Bay Windows Facing Front Yard. Family Rm Fireplace. Large Eat-In Kitchen Walk-Out To Backyard. Main Floor Office. Walk-In Closet In Every Bedroom. Huge Bsmt With Lots Of Potential. Concrete Walkway Surrounded. Lots Of Upgrades: New Windows/Doors/Roof/Furnace/Garage Door/Paint. Great Location Close To Yonge St/Hwy 7/Lots Of Amenities/Nofrill Supermarket/Hillcrest Mall/Parks.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-26 | 2024-12-31 | 127 | $2,399,000 | - | Expired |
Extras
Furnace('16) Walking Distance to Hidden Trails, Walking/Biking Trails, Amenities on Yonge, Great Schools, Restaurants, Richmond Hill Centre for Performing Arts, & Transit Options.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
45' x 242'
Fronting
North
Taxes
$11,308 (2024)
Basement
Full
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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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 11.48' x 15.42' | Hardwood Floor, Crown Moulding |
| Dining | Ground | 15.42' x 11.48' | Hardwood Floor, Coffered Ceiling |
| Family | Ground | 11.48' x 16.40' | Hardwood Floor, Fireplace |
| Kitchen | Ground | 9.84' x 11.48' | Ceramic Floor, Eat-In Kitchen |
| Breakfast | Ground | 11.48' x 14.44' | Ceramic Floor, W/O To Patio |
| Office | Ground | 8.86' x 11.81' | Hardwood Floor, Separate Rm |
| Br | 2nd | 10.83' x 11.48' | Hardwood Floor, Double Closet |
| Prim Bdrm | 2nd | 11.15' x 21.00' | Hardwood Floor, W/I Closet, 5 Pc Ensuite |
| Br | 2nd | 11.48' x 13.98' | Hardwood Floor, W/I Closet |
| Br | 2nd | 11.48' x 11.81' | Hardwood Floor, W/I Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
16 Oak Ave is a 4-bedroom 3-bathroom home listed for sale at $2,000,000, which is $168,638 (9.2%) higher than the average sold price of $1,831,362 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $140,822 (7.1%) compared to the previous 30 day period (November 19 - December 18) and up $46,526 (2.6%) from the same time one year ago.Inventory Change
There were 60 4-bedroom homes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 34.8% compared with the previous 30 day period (November 19 - December 18) and up 81.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($1,382) (0.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $55,971 increase compared to the previous 30 day period (November 19 - December 18) and ($53,488) 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 4-bedroom homes in Richmond Hill over the last 30 days (December 19 - January 17) stood at 48.3%, down from 70.7% over the previous 30 days (November 19 - December 18) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Richmond Hill stood at 34 days when successfully sold over the last 30 days (December 19 - January 17), compared to 96 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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