290 Palmer Ave

FOR SALE
$1,335,000
290 Palmer Ave, Richmond Hill
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
290 Palmer Ave
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2 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
4 + 4
ROOMS
N8230694
MLSID
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Property Description
Location! Location! Detached Raised Bungalow 50*100 Lots. Attention Builders/Investors to build your dream home or Income Property Great Opportunity to Own a Bright, Sun-Filled Bungalow W/Lots of Potential, High Demand Area in Prime Richmond Hill. Walking distance to Go Station. Separate Side Entrance to Finished Bsmt. Fenced Yard. Perfect for Custom Build Homes and Good for Retired Family. Sitting in the Heart of Harding, Richmond Hill, Steps to Top Ranking Bayview Secondary School, Plaza Shopping Mall, Restaurants, Highway 404. City Approval Is Down For 3410 Square Feet For New House.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-24 2022-08-23 60 $1,299,000 - Terminated
Nearby Intersections
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 100'
Acreage
< .50
Fronting
South
Taxes
$5,200 (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
LivingMain29.20' x 24.18'Hardwood Floor, Window
KitchenMain8.56' x 6.73'Ceramic Floor
Prim BdrmMain13.45' x 12.17'Hardwood Floor, Window
2nd BrMain8.20' x 9.58'Hardwood Floor, Window
FoyerMain5.05' x 14.47'Ceramic Floor
LivingBsmt12.47' x 15.72'Laminate
KitchenBsmt11.19' x 12.83'Laminate
BrBsmt8.53' x 11.15'Laminate
BrBsmt11.15' x 10.83'Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
290 Palmer Ave is a 2-bedroom 2-bathroom home listed for sale at $1,335,000, which is $70,000 (5.0%) lower than the average sold price of $1,405,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Richmond Hill declined by $94,000 (6.3%) compared to the previous 30 day period (February 29 - March 29) and up $74,200 (5.6%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Richmond Hill over the last 30 days (March 30 - April 28), which is up 50.0% compared with the previous 30 day period (February 29 - March 29) and down 14.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Richmond Hill typically sold ($84,000) (6.0%) below asking price over the last 30 days (March 30 - April 28), which represents a $9,500 decrease compared to the previous 30 day period (February 29 - March 29) and $75,082 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 2-bedroom homes in Richmond Hill over the last 30 days (March 30 - April 28) stood at 16.7%, down from 50.0% over the previous 30 days (February 29 - March 29) and down from 71.4% 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 77 days when successfully sold over the last 30 days (March 30 - April 28), compared to 119 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Future Realty Inc.
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