50 Riel Dr
Oak Ridges, Richmond Hill, L4E 4W3
FOR SALE
$1,499,000
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BEDROOMS3
BATHROOMS1
KITCHENS8 + 1
ROOMSN8145560
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Property Description
The search ends here! Beautiful 2 story detached home in the Oak Ridges neighborhood of Richmond Hill. This beautiful property features a large Great Room open to the kitchen and breakfast area with a walk out to the Oasis like backyard complete with a large hot tub and patio perfect for family gatherings and entertaining. Patio Stones in backyard for low maintenance enjoyment. Large Primary Bedroom complete with walk in closet and ensuite bathroom. Three more large bedrooms all with closets and one walking out to a private, covered balcony. Large, finished, open concept basement with Kitchenette complete with sink and plug for an oven. Easy addition of a side door for private access to basement if desired also rough ins to add a basement bathroom. Do not miss your opportunity to own this beautiful property in a fantastic, desirable neighborhood.
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Nearby Intersections
King & Bathurst (65)
Property Features
Fenced Yard
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
36' x 89'
Fronting
West
Taxes
$5,492 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 12.01' x 10.01' | |
| Great Rm | Main | 16.50' x 10.99' | Fireplace |
| Breakfast | Main | 10.99' x 8.99' | Walk-Out, 5 Pc Ensuite |
| Kitchen | Main | 10.99' x 11.15' | Stainless Steel Appl |
| Prim Bdrm | 2nd | 16.99' x 12.01' | W/I Closet |
| 3rd Br | 2nd | 12.80' x 10.01' | Closet |
| 3rd Br | 2nd | 10.01' x 12.50' | Walk-Out, Closet |
| 4th Br | 2nd | 10.50' x 9.97' | Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
50 Riel Dr is a 4-bedroom 3-bathroom home listed for sale at $1,499,000, which is $435,890 (22.5%) lower than the average sold price of $1,934,890 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $38,827 (2.0%) compared to the previous 30 day period (February 26 - March 26) and up $50,702 (2.7%) from the same time one year ago.Inventory Change
There were 166 4-bedroom homes listed in Richmond Hill over the last 30 days (March 27 - April 25), which is up 24.8% compared with the previous 30 day period (February 26 - March 26) and up 58.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $72,232 (3.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $4,083 increase compared to the previous 30 day period (February 26 - March 26) and $92,322 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 4-bedroom homes in Richmond Hill over the last 30 days (March 27 - April 25) stood at 49.4%, up from 47.4% over the previous 30 days (February 26 - March 26) and down from 84.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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