161 Valleymede Dr

FOR SALE
$1,888,000
161 Valleymede Dr, Richmond Hill
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5 + 2
BEDROOMS
5
BATHROOMS
1
KITCHENS
13
ROOMS
N12011742
MLSID
Contact Us
Property Description
Welcome to 161 Valleymede Drive, a stunning double car garage detached home in the highly sought-after Doncrest community of Richmond Hill. Situated on a 50 x 117 lot, this home offers 2,900+ sq. ft. plus a 1,200 sq. ft. finished basement with a separate entrance, perfect for extended family or investment potential. Thoughtfully upgraded, it features wood flooring throughout, newer windows, a new roof, a new furnace, a new hot water tank, and a new ventilation system. The main floor boasts a functional layout, including a home office (den) adjacent to a newly upgraded 3-piece bath, making it an ideal senior or guest bedroom option. The fully renovated kitchen is a chefs dream, with modern cabinets offering ample storage and high-end appliances for all your culinary needs. The large breakfast area leads to a walkout to a multi-level deck and fully fenced backyard. The second floor showcases 4 spacious bedrooms and 3 bathrooms, including a primary suite with a 5-piece ensuite and a custom walk-in closet. Two bedrooms share a 4-piece bath, while another has its own 4-piece bath. The basement, accessible by two staircases, features a large recreation area, 2 bedrooms, a wet bar, a cold room, and a 4-piece bath, with potential to convert into a separate 2-bedroom apartment. Conveniently located steps from YRT transit and parks, and close to top-ranked schools, shopping, plazas, restaurants, and major highways, this home is extremely convenient for all your daily needs. This must-see home offers incredible space, upgrades, and investment opportunities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-01 2022-03-04 3 $2,088,000 $1,950,000 Sold
2022-02-18 2022-03-01 11 $2,088,000 - Suspended
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
49' x 117'
Fronting
East
Taxes
$8,204 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain10.83' x 14.90'Laminate, O/Looks Frontyard, Large Window
DiningMain10.73' x 13.06'Open Concept, Large Window, Laminate
FamilyMain11.32' x 17.09'O/Looks Backyard, Fireplace, Large Window
OfficeMain10.04' x 11.29'Window, Separate Rm, Laminate
KitchenMain10.99' x 10.99'Centre Island, Backsplash, Stainless Steel Appl
BreakfastMain11.68' x 14.53'Combined W/Kitchen, W/O To Garden, Open Concept
Prim Bdrm2nd12.43' x 22.70'5 Pc Ensuite, W/I Closet, Large Window
2nd Br2nd10.93' x 12.57'B/I Closet, Laminate, Large Window
3rd Br2nd10.93' x 11.12'B/I Closet, Laminate, Large Window
4th Br2nd11.02' x 11.09'4 Pc Ensuite, W/I Closet, Large Window
Media/EntBsmt22.15' x 38.25'Hardwood Floor, Wet Bar, 4 Pc Bath
BrBsmt8.73' x 14.37'Window, Closet, Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
161 Valleymede Dr is a 5-bedroom 5-bathroom home listed for sale at $1,888,000, which is $54,800 (2.8%) lower 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 Homelife Landmark Realty Inc.
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