243 16th Ave 201

FOR SALE
$1,565,000
243 16th Ave 201, Richmond Hill
243 16th Ave 201
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
11
ROOMS
N12005370
MLSID
Contact Us
Property Description
Pre-Construction Luxury Modern 3 Bedroom Townhouse. Nestled In Prestigious Richmond Hill Neighbourhood Up To 2500 Sq Ft, Fenced Backyard, Basement, 10Ft Ceilings, Open Concept Floor Plan - Many Upgrades Included see features list for comprehensive list of finishes. Occupancy May 31st, 2025. Access To Hillcrest Mall, Richmond Hill Montessori, Langstaff Go
Nearby Intersections
Property Features
Golf, Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
20' x 71'
Acreage
< .50
Fronting
South
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Richmond Hill Market Statistics
Richmond Hill Price Trend
243 16th Ave 201 is a 3-bedroom 4-bathroom townhome listed for sale at $1,565,000, which is $387,344 (32.9%) higher than the average sold price of $1,177,656 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill increased by $110,476 (10.4%) compared to the previous 30 day period (December 22 - January 20) and down $11,295 (0.9%) from the same time one year ago.
Inventory Change
There were 64 3-bedroom townhomes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 73.0% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $19,131 (1.6%) above asking price over the last 30 days (January 21 - February 19), which represents a $11,753 increase compared to the previous 30 day period (December 22 - January 20) and $46,553 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 3-bedroom townhomes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 25.0%, down from 56.8% over the previous 30 days (December 22 - January 20) and down from 56.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Richmond Hill stood at 12 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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