55 Lake Forest Dr

FOR SALE
$1,828,000
55 Lake Forest Dr, Richmond Hill
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
55 Lake Forest Dr
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 1
ROOMS
N5771303
MLSID
Contact Us
Property Description
Rare Opportunity Surrounded By Lush Greenery, Privacy & Ravine! The Philips Lake In Front Of Your Door Step Or You Can Enjoy The Ravine From Your Balcony View. Gorgeous House In Prestigious Jefferson Community! Open Concept W/Over 3000 Sq Ft (Apprx. 5,000 Sq Ft Finished Living Area), Stone And Brick Exterior, Bright Office, Crown Molding, Hardwood Fl, Elegant Kitchen W/Granite Counter. Pro Fin Basement W/Br, Fam Rm + Bath. Mins Drive To Go Train Station, 404
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-08 2022-09-21 13 $1,699,888 - Terminated
Extras
Roof(2020), Dishwasher(2021), Ac(2020). Stainless Steel Fridge, Stove, Dishwasher, Range-Hood, Washer And Dryer, All Electric Light Fixtures, Windows Coverings. Central Air Condition, Hot Water Tank Rental.
Nearby Intersections
Property Features
Fenced Yard, Lake/Pond, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 93'
Fronting
East
Taxes
$7,262 (2021)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.98' x 10.01'Ceramic Floor, Centre Island, Granite Counter
LivingMain14.50' x 12.01'Hardwood Floor, Pot Lights, Large Window
DiningMain12.99' x 12.01'Hardwood Floor, Crown Moulding, Coffered Ceiling
FamilyMain11.98' x 19.00'Hardwood Floor, Fireplace, Crown Moulding
OfficeMain10.01' x 10.99'Hardwood Floor, Window, Crown Moulding
Prim Bdrm2nd14.60' x 18.01'5 Pc Ensuite, Large Window, W/I Closet
2nd Br2nd11.71' x 12.11'Ensuite Bath, Large Window, Double Closet
3rd Br2nd10.99' x 16.40'O/Looks Ravine, Balcony, W/I Closet
4th Br2nd11.29' x 17.09'Ensuite Bath, Large Window, Double Closet
Richmond Hill Market Statistics
Richmond Hill Price Trend
55 Lake Forest Dr is a 4-bedroom 5-bathroom home listed for sale at $1,828,000, which is $15,034 (0.8 %) higher than the average sold price of $1,812,966 in the last 30 days (August 27 - September 25). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $39,921 (2.2 %) compared to the previous 30 day period (July 28 - August 26) and down $95,127 (5.0 %) from the same time one year ago.
Inventory Change
There were 82 4-bedroom homes listed in Richmond Hill over the last 30 days (August 27 - September 25), which is up 3.8 % compared with the previous 30 day period (July 28 - August 26) and down 47.4 % compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($500) (0.0 %) below asking price over the last 30 days (August 27 - September 25), which represents a $13,779 increase compared to the previous 30 day period (July 28 - August 26) and $96,998 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 27 - September 25) stood at 51.2 %, down from 81.0 % over the previous 30 days (July 28 - August 26) and down from 60.3 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Richmond Hill stood at 25 days when successfully sold over the last 30 days (August 27 - September 25), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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