2 Fairview Ave
South Richvale, Richmond Hill, L4C 6L2
FOR SALE
$1,575,000
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2
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSN8382776
MLSIDContact Us
Property Description
Premium Location in South Richvale, with the potential to build Approx. a 5,000 Sqrf custom home among many New Build Luxury Millions Homes. Great Investment, Close to Private schools, top-rated high schools, and elementary schools, Close To All Amenities, GOTrain, Richmond Hill Centre Bus Terminal, Restaurants, Shopping Mall, And highway 407, The current House is being sold in "As Is" condition and is vacant, The Latest survey and HoodQ report is attached
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-02-16 | 2020-06-15 | 120 | $1,598,000 | - | Expired |
| 2019-10-10 | 2020-02-09 | 122 | $1,698,000 | - | Expired |
| 2019-06-06 | 2019-10-05 | 121 | $1,550,000 | - | Expired |
| 2018-10-22 | 2019-06-05 | 226 | $1,598,000 | - | Terminated |
Nearby Intersections
Yonge & Highway 7 (90)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
113' x 85'
Acreage
< .50
Fronting
West
Taxes
$7,724 (2023)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 11.09' x 16.01' | |
| 2nd Br | Main | 10.24' x 11.09' | |
| Dining | Main | 12.01' x 17.09' | |
| Kitchen | Main | 12.24' x 14.67' | |
| Living | Main | 12.01' x 17.09' | |
| Rec | Bsmt | 10.76' x 31.43' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
2 Fairview Ave is a 2-bedroom 2-bathroom home listed for sale at $1,575,000, which is $52,000 (3.4%) higher than the average sold price of $1,523,000 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 2 bedroom home in Richmond Hill declined by $353,000 (18.8%) compared to the previous 30 day period (May 7 - June 5) and up $171,015 (12.6%) from the same time one year ago.Inventory Change
There were 9 2-bedroom homes listed in Richmond Hill over the last 30 days (June 6 - July 5), which is up 50.0% compared with the previous 30 day period (May 7 - June 5) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Richmond Hill typically sold $24,000 (1.6%) above asking price over the last 30 days (June 6 - July 5), which represents a $3,000 decrease compared to the previous 30 day period (May 7 - June 5) and ($59,985) 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 2-bedroom homes in Richmond Hill over the last 30 days (June 6 - July 5) stood at 22.2%, up from 16.7% over the previous 30 days (May 7 - June 5) and down from 100.0% 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 6 days when successfully sold over the last 30 days (June 6 - July 5), compared to 105 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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