54 Credit Lane

FOR SALE
$1,090,000
54 Credit Lane, Richmond Hill
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
9
ROOMS
N11977726
MLSID
Contact Us
Property Description
1-year-new 3-bed, 4-bath freehold townhouse with double garage in Bayview. 2120 sq. ft., 10-ft main floor ceilings, 9-ft on ground/upper floors, smooth ceilings, hardwood throughout. Ground floor room as office/4th bed. Features rooftop terrace, large patio off kitchen, oversized island, gas stove, pantry, and electric fireplace in Living Room. floor to ceiling window, Close to Costco, supermarkets, GO station, Hwy 404, parks, golf, and Richmond Hill High. Potl fee $248.32/month (landscaping, snow, garbage).
Nearby Intersections
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
19' x 70'
Fronting
East
Taxes
$4,899 (2024)
Basement
Other
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
RecGround12.99' x 13.48'4 Pc Bath, Window
KitchenMain12.83' x 18.18'Centre Island, Window Flr to Ceil, Combined W/Br
BreakfastMain12.83' x 18.18'O/Looks Family, Open Concept, Combined W/Kitchen
Great RmMain17.59' x 18.18'Window Flr to Ceil, Electric Fireplace, Hardwood Floor
Br3rd12.14' x 12.66'5 Pc Ensuite
2nd Br3rd8.50' x 8.50'
3rd Br3rd9.32' x 10.01'
Richmond Hill Market Statistics
Richmond Hill Price Trend
54 Credit Lane is a 3-bedroom 4-bathroom townhome listed for sale at $1,090,000, which is $87,656 (7.4%) lower than the average sold price of $1,177,656 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill increased by $110,476 (10.4%) compared to the previous 30 day period (December 22 - January 20) and down $11,295 (0.9%) from the same time one year ago.
Inventory Change
There were 64 3-bedroom townhomes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 73.0% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $19,131 (1.6%) above asking price over the last 30 days (January 21 - February 19), which represents a $11,753 increase compared to the previous 30 day period (December 22 - January 20) and $46,553 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 3-bedroom townhomes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 25.0%, down from 56.8% over the previous 30 days (December 22 - January 20) and down from 56.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Richmond Hill stood at 12 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with First Class Realty Inc.
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