242 Elmwood Ave W

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242 Elmwood Ave W, Richmond Hill
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
N4975106
MLSID
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Property Description
Welcome To 242 Elmwood Avenue Investors! Look No Further For The Place To Build Your Dream Home. This Rare *62 X 210* Ft Lot Is A Sight To Behold. Solid Bungalow In The Highly Demanded Harding Neighborhood. Steps To Walter Scott Ps & Bayview Ss. Extras:All Elfs, S/S Appliances: Fridge, Stove, B/I Dishwasher, Rangehood. Washer/Dryer.
Extras
All Elfs, S/S Appliances: Fridge, Stove, B/I Dishwasher, Rangehood. Washer/Dryer. (Main Level Vanity In Washroom And Main Bedroom Black Ceiling Fan Not Included)
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
62' x 210'
Fronting
South
Taxes
$6,100 (2020)
Basement
Finished, Part Fin
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.65' x 16.11'Hardwood Floor, Large Window, Fireplace
KitchenMain20.54' x 12.11'Hardwood Floor, Granite Counter, B/I Appliances
BrMain11.68' x 11.38'Laminate, W/I Closet
2nd BrMain10.53' x 11.38'
3rd Br2nd12.80' x 11.81'Laminate, Large Window
Master2nd13.09' x 11.55'Laminate, Large Window
FamilyBsmt27.49' x 16.90'
ExerciseBsmt12.70' x 14.76'Hardwood Floor
LaundryBsmt11.12' x 11.61'
Richmond Hill Market Statistics
Richmond Hill Price Trend
242 Elmwood Ave W is a 4-bedroom 3-bathroom home listed for sale at $1,068,000, which is $913,757 (46.1%) lower than the average sold price of $1,981,757 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $27,324 (1.4%) compared to the previous 30 day period (February 22 - March 22) and up $124,260 (6.7%) from the same time one year ago.
Inventory Change
There were 146 4-bedroom homes listed in Richmond Hill over the last 30 days (March 23 - April 21), which is up 5.8% compared with the previous 30 day period (February 22 - March 22) and up 28.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $94,252 (4.8%) above asking price over the last 30 days (March 23 - April 21), which represents a $3,269 decrease compared to the previous 30 day period (February 22 - March 22) and $93,661 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 (March 23 - April 21) stood at 51.4%, up from 42.8% over the previous 30 days (February 22 - March 22) and down from 80.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Richmond Hill stood at 10 days when successfully sold over the last 30 days (March 23 - April 21), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Power 7 Realty, Brokerage
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