51 Elm Grove Ave

FOR SALE
$4,588,000
51 Elm Grove Ave, Richmond Hill
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
51 Elm Grove Ave
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4 + 4
BEDROOMS
3
BATHROOMS
3
KITCHENS
5 + 4
ROOMS
N8361268
MLSID
Contact Us
Property Description
Draft plan will be approved for four lots (2 lots 44' by 150' and 2 lots 44" by 130' each over 4000 SQF). Outstanding Lots, first-time Offering! Wonderful Investment/Building/living or rent(Airbnb as it has 10 rooms and 3 washrooms). Opportunity Awaits To Build Your four luxurious Home On A Perfect Rectangular Lot Size In One Of The Most Prestigious Neighborhood Nestled Amongst Multi Million Dollar Homes In Oakridge. Many New Developments Undertaking In The Area.
Extras
2 Fridge, 2 Stove, 2 Dishwasher, 2 Washer & Dryer, 1 Furnace , CAC, All Elfs.
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
88' x 315'
Acreage
.50-1.99
Fronting
North
Taxes
$9,522 (2023)
Basement
Apartment, W/O
Exterior
Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain25.33' x 10.93'Combined W/Dining, Above Grade Window, 3 Pc Bath
BrMain13.22' x 10.10'Hardwood Floor, Above Grade Window, Closet
2nd BrMain9.25' x 12.96'Hardwood Floor, Above Grade Window, Closet
3rd BrMain9.25' x 11.71'Hardwood Floor, Above Grade Window, Closet
4th BrMain12.73' x 11.12'Hardwood Floor, Above Grade Window, Closet
FamilyMain10.89' x 11.55'Hardwood Floor, Above Grade Window
5th BrBsmt11.71' x 21.92'Fireplace, Above Grade Window, Ceramic Floor
Common RmBsmt17.68' x 27.43'3 Pc Bath, Combined W/Kitchen, Ceramic Floor
BrFlat13.78' x 11.68'Hardwood Floor, Closet
2nd BrFlat9.88' x 14.27'Hardwood Floor, Closet
3rd BrFlat13.78' x 12.99'Hardwood Floor, Closet
KitchenFlat15.98' x 21.78'3 Pc Bath, Ceramic Floor, Combined W/Family
Richmond Hill Market Statistics
Richmond Hill Price Trend
51 Elm Grove Ave is a 4-bedroom 3-bathroom home listed for sale at $4,588,000, which is $2,637,161 (135.2%) higher than the average sold price of $1,950,839 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $27,924 (1.5%) compared to the previous 30 day period (July 22 - August 20) and up $190,183 (10.8%) from the same time one year ago.
Inventory Change
There were 181 4-bedroom homes listed in Richmond Hill over the last 30 days (August 21 - September 19), which is up 81.0% compared with the previous 30 day period (July 22 - August 20) and up 47.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($28,219) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $44,322 increase compared to the previous 30 day period (July 22 - August 20) and $7,127 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 (August 21 - September 19) stood at 21.5%, down from 51.0% over the previous 30 days (July 22 - August 20) and down from 48.8% 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 34 days when successfully sold over the last 30 days (August 21 - September 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd.
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