191 Lakeland Cres

FOR SALE
$2,300,000
191 Lakeland Cres, Richmond Hill
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
191 Lakeland Cres
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
N10406220
MLSID
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Property Description
Welcome to 191 Lakeland crest .Attention Builders and Investors! Exceptional Waterfront Opportunity on Lake Wilcox!Discover a rare and extraordinary property in a coveted location! This remarkable 50 x 176 ft lot, nestled on a serene crescent, offers direct waterfront access with stunning south-facing lake views and a private shoreline. Whether you're looking to live, invest, or build your dream home, this property offers limitless potential.Prime Features: Unmatched Views: Enjoy panoramic lake vistas and peaceful surroundings.Prestigious Neighborhood: Surrounded by multi-million dollar homes, elevating your investment.Convenience at Your Doorstep: Just a short walk to Oak Ridges Community Centre, Lake Wilcox Park, shopping,and transit.Seamless Connectivity: Only minutes from Highway 404 and the GO Train station for easy commuting. This property is an exceptional find, offering a blend of luxury, convenience, and investment potential in one of the most desirable locations.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-21 2024-05-20 122 $2,288,000 - Expired
2021-08-10 2021-09-03 24 $1,780,000 $1,998,000 Sold
2021-03-29 2021-06-29 92 $2,160,000 - Expired
2020-08-04 2021-03-06 214 $2,360,000 - Expired
Extras
Permit Ready To Build 5000 Sf Dream Home*
Nearby Intersections
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 176'
Fronting
South
Taxes
$7,973 (2023)
Basement
None
Exterior
Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Richmond Hill Market Statistics
Richmond Hill Price Trend
191 Lakeland Cres is a 2-bedroom 2-bathroom home listed for sale at $2,300,000, which is $1,235,000 (116.0%) higher than the average sold price of $1,065,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Richmond Hill declined by $50,000 (4.5%) compared to the previous 30 day period (September 21 - October 20) and down $235,000 (18.1%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 14.3% compared with the previous 30 day period (September 21 - October 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Richmond Hill typically sold ($77,500) (7.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,556 decrease compared to the previous 30 day period (September 21 - October 20) and ($59,000) 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 2-bedroom homes in Richmond Hill over the last 30 days (October 21 - November 19) stood at 33.3%, up from 28.6% over the previous 30 days (September 21 - October 20) and up from 16.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Richmond Hill stood at 62 days when successfully sold over the last 30 days (October 21 - November 19), compared to 113 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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