16 Oak Ave

FOR SALE
$2,399,000
16 Oak Ave, Richmond Hill
16 Oak Ave
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
N9269229
MLSID
Contact Us
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.
Nearby Intersections
Property Details
Street
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
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 15.98'Hardwood Floor, Bay Window, French Doors
DiningMain10.99' x 16.99'Hardwood Floor, Combined W/Living, Open Concept
KitchenMain10.99' x 23.36'Ceramic Floor, Breakfast Area, W/O To Patio
FamilyMain10.99' x 15.98'Hardwood Floor, Fireplace, Large Window
OfficeMain9.02' x 10.99'Hardwood Floor, Window, Separate Rm
Prim Bdrm2nd14.99' x 19.00'Hardwood Floor, 4 Pc Ensuite, W/I Closet
2nd Br2nd10.99' x 13.98'Hardwood Floor, Window, W/I Closet
3rd Br2nd10.99' x 11.98'Hardwood Floor, Window, W/I Closet
4th Br2nd9.84' x 10.99'Hardwood Floor, Window, W/I Closet
Richmond Hill Market Statistics
Richmond Hill Price Trend
16 Oak Ave is a 4-bedroom 3-bathroom home listed for sale at $2,399,000, which is $572,916 (31.4%) higher than the average sold price of $1,826,084 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $157,358 (7.9%) compared to the previous 30 day period (September 21 - October 20) and up $17,322 (1.0%) from the same time one year ago.
Inventory Change
There were 135 4-bedroom homes listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 16.1% compared with the previous 30 day period (September 21 - October 20) and up 18.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($38,222) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,677 increase compared to the previous 30 day period (September 21 - October 20) and ($10,430) 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 (October 21 - November 19) stood at 43.7%, up from 39.8% over the previous 30 days (September 21 - October 20) and up from 37.7% 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 21 days when successfully sold over the last 30 days (October 21 - November 19), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Imperial Realty Inc.
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