16 Oak Ave
South Richvale, Richmond Hill, L4C 6R7
FOR SALE
$2,499,000
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Property Description
Beautiful Home In Prestigious South Richvale Community. This Home Radiates Pride Of Ownership & Convenient Living. Sits On A Massive 45.02 x 241.5' lot Surrounded By Multi Million Dollar Custom Homes. This House Is Under City Of Richmond Hill Future Potential Development Planning. No Side Walk. Long Driveway Can Park 4 Cars. Double Door Entrance. Directly Access To Garage. 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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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
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
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 15.98' | Hardwood Floor, Bay Window, French Doors |
| Dining | Main | 10.99' x 16.99' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Main | 10.99' x 23.36' | Ceramic Floor, Breakfast Area, W/O To Patio |
| Family | Main | 10.99' x 15.98' | Hardwood Floor, Fireplace, Large Window |
| Office | Main | 9.02' x 10.99' | Hardwood Floor, Window, Separate Rm |
| Prim Bdrm | 2nd | 14.99' x 19.00' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 10.99' x 13.98' | Hardwood Floor, Window, W/I Closet |
| 3rd Br | 2nd | 10.99' x 11.98' | Hardwood Floor, Window, W/I Closet |
| 4th Br | 2nd | 9.84' x 10.99' | Hardwood Floor, Window, 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 $2,499,000, which is $548,161 (28.1%) higher than the average sold price of $1,950,839 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $27,924 (1.5%) compared to the previous 30 day period (July 22 - August 20) and up $190,183 (10.8%) from the same time one year ago.Inventory Change
There were 181 4-bedroom homes listed in Richmond Hill over the last 30 days (August 21 - September 19), which is up 81.0% compared with the previous 30 day period (July 22 - August 20) and up 47.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($28,219) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $44,322 increase compared to the previous 30 day period (July 22 - August 20) and $7,127 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 homes in Richmond Hill over the last 30 days (August 21 - September 19) stood at 21.5%, down from 51.0% over the previous 30 days (July 22 - August 20) and down from 48.8% 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 (August 21 - September 19), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Imperial Realty Inc.
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