248 Axminster Dr

FOR SALE
$1,048,000
248 Axminster Dr, Richmond Hill
248 Axminster Dr
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248 Axminster Dr
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
N8242116
MLSID
Contact Us
Property Description
Welcome to this inviting 3-bedroom family home nestled on an extra-wide lot and backing onto greenspace. This home has been thoughtfully updated and well maintained over the years. The main floor features an updated kitchen w/ stainless steel appliances and an extra wing of storage for your convenience. Spacious living / dining area with a lovely picture window to let natural light pour through. Each of the 3 upper bedrooms have hardwood floors, a closet and large windows. The basement was fully renovated in 2017, and rear waterproofed in 2020 by RCC and boasts a separate entrance, along with a bedroom featuring his and her walk-in closets, pot lights, and a generous living area. This space is perfectly suited for your growing multi-generational family, in-law or nanny suite, or as a lucrative rental opportunity for added income. Ideally situated near all amenities, including shopping centers, parks, a community center, transit, Go Station, and just minutes from 404 and Hwy 7, making it convenient to access all your needs. Of particular note is its convenient proximity to esteemed schools like Michalle Jean for French Immersion, and Bayview Secondary renowned for its prestigious IB Program. Move in ready with an above-average home inspection!
Nearby Intersections
Property Features
Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Semi-Detached, Bungalow
Lot Size
38' x 130'
Lot Irregularities
Rh14816 Richmond Hill
Fronting
West
Taxes
$4,818 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.30' x 13.75'Hardwood Floor, Picture Window, Crown Moulding
DiningMain8.20' x 13.81'Hardwood Floor, Combined W/Living, Crown Moulding
KitchenMain13.35' x 11.15'Porcelain Floor, Stainless Steel Appl, Updated
Prim BdrmMain12.93' x 10.20'Hardwood Floor, Closet, Window
2nd BrMain9.58' x 8.66'Hardwood Floor, Closet, Window
3rd BrMain8.07' x 10.63'Hardwood Floor, Closet, Window
4th BrLower13.16' x 14.14'Laminate, W/I Closet, Window
RecLower35.14' x 10.47'Pot Lights, 4 Pc Bath, Closet
UtilityLower13.48' x 13.45'Separate Rm
LaundryLower7.61' x 9.91'Separate Rm
Richmond Hill Market Statistics
Richmond Hill Price Trend
248 Axminster Dr is a 3-bedroom 2-bathroom home listed for sale at $1,048,000, which is $348,207 (24.9%) lower than the average sold price of $1,396,207 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill increased by $72,671 (5.5%) compared to the previous 30 day period (March 1 - March 30) and down $5,505 (0.4%) from the same time one year ago.
Inventory Change
There were 97 3-bedroom homes listed in Richmond Hill over the last 30 days (March 31 - April 29), which is up 22.8% compared with the previous 30 day period (March 1 - March 30) and up 86.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $57,722 (4.1%) above asking price over the last 30 days (March 31 - April 29), which represents a $7,389 increase compared to the previous 30 day period (March 1 - March 30) and $88,723 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 homes in Richmond Hill over the last 30 days (March 31 - April 29) stood at 42.3%, down from 51.9% over the previous 30 days (March 1 - March 30) and down from 63.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Richmond Hill stood at 14 days when successfully sold over the last 30 days (March 31 - April 29), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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