339 Elmwood Ave

FOR SALE
$1,688,000
339 Elmwood Ave, Richmond Hill
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5 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
N11976908
MLSID
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Property Description
Welcome to 339 Elmwood Ave located in the highly sought after Beverley Acres neighborhood in Richmond Hill. Top school district! This spacious 4200sqft home is perfect for multigenerational families w/ 4 generously sized Bedrooms on the upper level incl. a massive primary bedroom w/ ensuite; a 2nd primary bedroom w/ ensuite on the main level; + an additional 6th bedroom in the basement. It is also perfect to easily convert the basement to a large income generating 1 or 2 bed apartment. Sellers took meticulous care of this home for over 3 decades which you can feel immense pride of ownership. Major work done on the home spending more than $500k on front & rear additions & renovated top to bottom (see feature sheet for more details). High ceilings & attention to detail in the front foyer & as you make your way to the open concept living space you can feel the size of this home with access to the bright & spacious dining room overlooking the tree-lined backyard, the functional high-end designer kitchen w/ beautiful Italian tiles & top of the line appliances, rare main floor primary bedroom w/ ensuite & the gorgeous wood staircase to the upper level & a perfectly placed skylight provides a ton of natural light. The spacious basement offers a 6th bedroom, 3pc wash, rec room, custom laundry, storage, stunning solid oak bar & cozy family room w/ white paneled walls & exposed brick. Very charming curb appeal feat; manicured front lawn & mature pine tree + convenient detached garage w/ extra storage space + paved driveway providing plenty of parking. Tranquil backyard space can be a blank canvas to create your dream backyard or just simply kick back, relax & enjoy. The location offers access to several premium schools at all levels incl; eligibility for the IB program at Bayview Secondary, AP Program at Richmond Hill HS, French emersion at Langstaff Secondary & private schools; Toronto & Richmond Hill Montessori & Holy Trinity. See feature sheet for more details!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-16 2024-09-29 13 $1,780,000 - Terminated
2024-07-25 2024-09-16 53 $1,998,000 - Terminated
2024-05-17 2024-07-25 69 $2,180,000 - Terminated
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 105'
Fronting
North
Taxes
$6,631 (2025)
Basement
Finished
Exterior
Brick, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.81' x 22.64'Stainless Steel Appl, Stone Counter, Tile Floor
DiningMain9.84' x 19.69'O/Looks Backyard, Large Window, Hardwood Floor
LivingMain15.09' x 20.67'Combined W/Family, Open Concept, Hardwood Floor
FamilyMain15.09' x 20.67'Combined W/Living, 2 Pc Bath, Hardwood Floor
Prim BdrmMain10.17' x 20.67'4 Pc Ensuite, B/I Closet, Hardwood Floor
Prim Bdrm2nd17.06' x 18.04'3 Pc Ensuite, B/I Closet, Hardwood Floor
3rd Br2nd11.81' x 18.04'B/I Closet, Large Window, Hardwood Floor
4th Br2nd12.14' x 12.80'B/I Closet, Window, Hardwood Floor
5th Br2nd8.53' x 9.51'B/I Closet, Window, Hardwood Floor
BrLower9.19' x 11.48'B/I Closet, Window, Tile Floor
RecLower21.00' x 27.56'3 Pc Bath, Dry Bar, Tile Floor
LaundryLower4.92' x 9.84'Stone Counter, Closet, Tile Floor
Richmond Hill Market Statistics
Richmond Hill Price Trend
339 Elmwood Ave is a 5-bedroom 5-bathroom home listed for sale at $1,688,000, which is $254,800 (13.1%) lower than the average sold price of $1,942,800 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $492,200 (20.2%) compared to the previous 30 day period (December 22 - January 20) and down $60,200 (3.0%) from the same time one year ago.
Inventory Change
There were 26 5-bedroom homes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 23.8% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($58,660) (3.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $42,835 increase compared to the previous 30 day period (December 22 - January 20) and $178,550 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 (January 21 - February 19) stood at 38.5%, up from 9.5% over the previous 30 days (December 22 - January 20) and up from 15.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Richmond Hill stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 101 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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