18 Portage Ave
Oak Ridges, Richmond Hill, L4E 2Z5
FOR SALE
$2,298,000
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Property Description
Brand new home under construction, 7 Year Tarion Warranty, over 3300 sqft, fully custom home. Located in Richmond Hill this 4 bedroom home has it all, 11ft walkout basements, hardwood throughout, stone counter tops, 10ft ceilings on main and 9ft on second, completion date set forth in 2 to 3 months. Stone Counter tops throughout, over $250,000 worth of upgrades. 2 car Garage. A true custom luxury home by renowned Builder Lorenzo Developments. Features: Architecturally controlled streetscape with pleasing exterior colour schemes, styles, materials and elevations. Distinctive stone, clay brick, wood-like and/or stucco exterior combinations. Soldier coursing, exterior columns, arches,keystones, and other detailing.Precast concrete window sills, headers and entrance arches as per plan.upgraded architectural shingles/flat roof areas to receive modified bitumen system. Maintenance free aluminum soffits, fascia eavestrough and downspouts.fully paved driveway. 200-amp electrical service.water line for future fridge. weatherproof exterior electrical outlet. High effeciency heating system with programmable thermostat. 70 up interior pot lights. Kitchen cabinetry including traditional and contemporary options with stone countertops.
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Extras
Stainless Steel under mount kitchen and servery sink (as per plan). Rubi/Rioble Kitchen Faucet with integrated pull-out spray. Rubi/Rioble faucet package in all bathrooms. Complementing faucet at servery sink.
Nearby Intersections
King & Bathurst (71)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
57' x 98'
Fronting
North
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Built-In
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Richmond Hill Market Statistics
Richmond Hill Price Trend
18 Portage Ave is a 4-bedroom 5-bathroom home listed for sale at $2,298,000, which is $444,689 (24.0%) higher than the average sold price of $1,853,311 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $90,452 (4.7%) compared to the previous 30 day period (October 3 - November 1) and up $10,846 (0.6%) from the same time one year ago.Inventory Change
There were 127 4-bedroom homes listed in Richmond Hill over the last 30 days (November 2 - December 1), which is down 7.3% compared with the previous 30 day period (October 3 - November 1) and up 22.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($41,298) (2.2%) below asking price over the last 30 days (November 2 - December 1), which represents a $18,955 increase compared to the previous 30 day period (October 3 - November 1) and ($50,139) 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 (November 2 - December 1) stood at 42.5%, down from 54.0% over the previous 30 days (October 3 - November 1) and down from 43.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Richmond Hill stood at 23 days when successfully sold over the last 30 days (November 2 - December 1), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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