220 Gormley Rd W
Rural Richmond Hill, Richmond Hill, L4E 1A2
FOR SALE
$1
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BEDROOMS2
BATHROOMS1
KITCHENS10
ROOMSN9417103
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Property Description
Huge Investment Opportunity! Fully Treed, Park Like Property With Over 2 Acres Of Serene Privacy. Just 2 Mins To Go Station & Hwy 404 In The Hamlet Of Gormley. Charm Of Yesteryear In 2 Storey All Brick Home. Offers Ample Space. 5 Bedrooms, 2 Baths W/Master Retreat On Third Level. Formal Rooms W/Original Hardwood Flooring & Trim. Great Opportunity In A Great Location!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-14 | 2022-10-02 | 18 | $3,300 | $3,600 | Leased |
| 2022-08-29 | 2022-09-14 | 16 | $4,500 | - | Terminated |
| 2021-09-23 | 2021-11-15 | 53 | $1,500 | - | Terminated |
| 2021-09-23 | 2021-11-15 | 53 | $1,500 | - | Terminated |
| 2021-09-05 | 2021-11-15 | 71 | $3,000 | - | Terminated |
| 2021-09-25 | 2021-10-02 | 7 | $4,500 | $4,000 | Leased |
| 2021-09-23 | 2021-09-25 | 2 | $1,500 | - | Suspended |
| 2021-09-05 | 2021-09-25 | 20 | $3,000 | - | Suspended |
| 2020-05-07 | 2020-06-28 | 53 | $1,870,000 | $1,870,000 | Sold |
| 2019-10-16 | 2019-10-30 | 14 | $1,900,000 | - | Terminated |
| 2019-08-29 | 2019-10-16 | 48 | $2,100,000 | - | Terminated |
Nearby Intersections
Leslie & Stouffville (14)
Property Features
Cul De Sac, Park, Place Of Worship, Public Transit, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
64' x 141'
Acreage
2-4.99
Lot Irregularities
Rear 52.05 Meters & West 140.74 Meters
Fronting
North
Taxes
$7,353 (2024)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.25' x 15.26' | Plank Floor, 2 Way Fireplace, Large Window |
| Dining | Main | 15.49' x 13.58' | Plank Floor, W/O To Deck, Large Window |
| Kitchen | Main | 9.42' x 11.15' | Plank Floor, O/Looks Backyard, Concrete Counter |
| Library | Main | 10.83' x 15.49' | Plank Floor, 2 Way Fireplace, B/I Shelves |
| Mudroom | Main | 17.42' x 9.84' | Plank Floor, W/O To Yard, Large Window |
| Prim Bdrm | 3rd | 26.57' x 19.00' | Plank Floor, Gas Fireplace, B/I Closet |
| 2nd Br | 2nd | 10.17' x 15.58' | Plank Floor, Semi Ensuite, Large Window |
| 3rd Br | 2nd | 11.15' x 11.58' | Plank Floor, Closet, Large Window |
| 4th Br | 2nd | 9.25' x 11.09' | Plank Floor, Closet, Large Window |
| 5th Br | 2nd | 11.15' x 8.92' | Plank Floor, Closet, Large Window |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
220 Gormley Rd W is a 5-bedroom 2-bathroom home listed for sale at $1, which is $2,264,360 (100.0%) lower than the average sold price of $2,264,361 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $521,849 (18.7%) compared to the previous 30 day period (August 22 - September 20) and down $479,639 (17.5%) from the same time one year ago.Inventory Change
There were 43 5-bedroom homes listed in Richmond Hill over the last 30 days (September 21 - October 20), which is up 4.9% compared with the previous 30 day period (August 22 - September 20) and up 34.4% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($95,389) (4.2%) below asking price over the last 30 days (September 21 - October 20), which represents a $14,400 increase compared to the previous 30 day period (August 22 - September 20) and $304,600 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 (September 21 - October 20) stood at 18.6%, down from 29.3% over the previous 30 days (August 22 - September 20) and up from 6.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Richmond Hill stood at 17 days when successfully sold over the last 30 days (September 21 - October 20), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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