56 Dunlop St

FOR SALE
$1,298,000
56 Dunlop St, Richmond Hill
56 Dunlop St
56 Dunlop St
56 Dunlop St
56 Dunlop St
56 Dunlop St
56 Dunlop St
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4 + 2
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
12
ROOMS
N8400718
MLSID
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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.
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
Property Features
Arts Centre, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Street
Community
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
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 $561,061 (30.2%) lower than the average sold price of $1,859,061 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $147,731 (7.4%) compared to the previous 30 day period (September 23 - October 22) and up $36,933 (2.0%) from the same time one year ago.
Inventory Change
There were 128 4-bedroom homes listed in Richmond Hill over the last 30 days (October 23 - November 21), which is down 12.3% compared with the previous 30 day period (September 23 - October 22) and up 13.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($45,546) (2.4%) below asking price over the last 30 days (October 23 - November 21), which represents a $5,090 decrease compared to the previous 30 day period (September 23 - October 22) and ($7,172) 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 (October 23 - November 21) stood at 43.8%, down from 47.9% over the previous 30 days (September 23 - October 22) and up from 39.8% 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 21 days when successfully sold over the last 30 days (October 23 - November 21), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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