499 Sixteenth Ave
Langstaff, Richmond Hill, L4B 3N1
FOR SALE
$4,480,000
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5
BEDROOMS5
BATHROOMS1
KITCHENS9 + 4
ROOMSN9386692
MLSIDContact Us
Property Description
A great opportunity for multiple users under the current RS1/R6 zoning, allowing for office, residential, educational, or place of worship uses. The generous lot size is 82.5 x 315, approximately 0.68 acres. The existing home has been renovated, features a finished lower level.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-07 | 2021-01-19 | 73 | $3,488,000 | - | Terminated |
| 2020-11-07 | 2021-01-18 | 72 | $3,488,000 | - | Suspended |
| 2020-03-03 | 2020-09-30 | 211 | $3,500,000 | - | Expired |
| 2018-05-02 | 2019-05-02 | 365 | $2,798,000 | - | Expired |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
83' x 315'
Fronting
South
Taxes
$12,695 (2024)
Basement
Fin W/O
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
9
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.80' x 18.04' | Hardwood Floor, O/Looks Pool, O/Looks Garden |
| Dining | Main | 13.45' x 16.73' | Hardwood Floor, Open Concept |
| Family | Main | 10.83' x 16.08' | Hardwood Floor, Fireplace, W/O To Sundeck |
| Kitchen | Main | 13.94' x 19.46' | Ceramic Floor, Centre Island, Bay Window |
| Breakfast | Main | 8.04' x 10.50' | Ceramic Floor, O/Looks Pool, O/Looks Garden |
| Great Rm | Main | 7.87' x 11.81' | Ceramic Floor, O/Looks Pool |
| Prim Bdrm | Main | 11.42' x 14.93' | Hardwood Floor, Closet, 5 Pc Ensuite |
| 2nd Br | Main | 11.32' x 13.62' | Hardwood Floor, Closet |
| Rec | Ground | 18.21' x 22.31' | Broadloom |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
499 Sixteenth Ave is a 5-bedroom 5-bathroom home listed for sale at $4,480,000, which is $2,045,000 (84.0%) higher than the average sold price of $2,435,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $1,290,617 (34.6%) compared to the previous 30 day period (November 19 - December 18) and down $313,750 (11.4%) from the same time one year ago.Inventory Change
There were 20 5-bedroom homes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is up 81.8% compared with the previous 30 day period (November 19 - December 18) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($101,495) (4.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $64,341 increase compared to the previous 30 day period (November 19 - December 18) and ($191,950) 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 5-bedroom homes in Richmond Hill over the last 30 days (December 19 - January 17) stood at 10.0%, down from 100.0% over the previous 30 days (November 19 - December 18) and down from 50.0% 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 65 days when successfully sold over the last 30 days (December 19 - January 17), compared to 97 days before being removed from the market upon being suspended or terminated.Listing contracted with Hammond International Properties Limited
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