56 Dunlop St
Crosby, Richmond Hill, L4C 2M4
FOR SALE
$1,298,000
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4 + 2
BEDROOMS4
BATHROOMS2 + 1
KITCHENS12
ROOMSN8400718
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Property Description
Attention Builders, Developers & Investors!!! Prime Location, Downtown Richmond Hill, Steps To Yonge Street. Well Maintained Residential Detached Triplex Property With (3) Three Self-Contained Units On A 60 FT Frontage Premium Lot. All Tenants Are Month To Month. The Property Located Next To Art Centre, Beautiful Parks, Schools, Public Transportation & Shopping. Great Opportunity For Ready Assembly & Residential Redevelopment! The Adjacent Property #52 Dunlop (MLS#N8400662) Is Also Available For Sale. Can Be Purchased Together Or Separately. The Two Properties Together 52 & 56 Dunlop St. Can Be Redeveloped Into Approx. 6 Townhomes, 6 Semi-Detached Units Or 3-4 Storey Residential Building.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-26 | 2021-04-03 | 8 | $1,199,000 | $1,140,000 | Sold |
Extras
Detached Triplex With 3 Self Contained Units. Extra Wide Premium Lot 60 FT Frontage, Separate Entrance Basement. The Adjacent Property #52 Dunlop Is Also Available For Sale And Can Be Purchased Together For Future Redevelopment.
Nearby Intersections
Yonge & Major Mackenzie (171)
Yonge & Elgin Mills (89)
Property Features
Arts Centre, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
60' x 84'
Fronting
South
Taxes
$6,493 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Richmond Hill Market Statistics
Richmond Hill Price Trend
56 Dunlop St is a 4-bedroom 4-bathroom home listed for sale at $1,298,000, which is $685,442 (34.6%) lower than the average sold price of $1,983,442 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $55,068 (2.9%) compared to the previous 30 day period (August 22 - September 20) and up $107,413 (5.7%) from the same time one year ago.Inventory Change
There were 160 4-bedroom homes listed in Richmond Hill over the last 30 days (September 21 - October 20), which is down 9.1% compared with the previous 30 day period (August 22 - September 20) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($39,899) (2.0%) below asking price over the last 30 days (September 21 - October 20), which represents a $17,315 decrease compared to the previous 30 day period (August 22 - September 20) and $22,427 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 (September 21 - October 20) stood at 40.0%, up from 23.9% over the previous 30 days (August 22 - September 20) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Richmond Hill stood at 26 days when successfully sold over the last 30 days (September 21 - October 20), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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