58 Oxford St
Mill Pond, Richmond Hill, L4C 4L5
FOR SALE
$2,399,999
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5
BEDROOMS3
BATHROOMS2
KITCHENS10
ROOMSN11824983
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Property Description
***Attention Builders, Investors And End Users*** Seize this rare opportunity to purchase a massive double lot (103ft x 226 ft) with existing house completely on one lot and the opportunity to build a breathtaking custom home on the already severed second lot (51 x 226 ft). Amazing location and surrounded by luxury multimillion-dollar estates in the heart of the highly sought-after Mill Pond neighbourhood in Richmond Hill. Only Steps to Yonge St., public transit, shopping, banks, and a variety of restaurants! The vacant lot is already fully serviced and includes all architectural drawings ready to apply for Permits to build a stunning 2 storey, 5,000 sq.ft. custom home featuring 5 Bedrooms, 6 Bathrooms, Built-In 2 car garage and additional 4 parking spaces on Driveway. Customize to your choosing prior to applying for permits! The existing home has also been approved for a second custom built house, or it offers the flexibility to maintain the existing home and renovate or you can choose to rent out the 2 separate units for great rental income! The existing main house is in excellent condition and features an open-concept floor plan with 4 spacious bedrooms, and 2 bathrooms! The 2nd Unit above the massive 4 car garage, is a self-contained 1-bedroom apartment with full Kitchen and large living/dining room. The Massive Drive through garage is perfect for storing construction materials while building the next door home!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-02-14 | 2023-02-21 | 7 | $2,500 | $2,500 | Leased |
Extras
Explore the outdoors with Mill Pond, playgrounds, and scenic trails right at your doorstep. Top-rated private and public schools are nearby, making this an ideal location for families.
Nearby Intersections
Yonge & Elgin Mills (71)
Property Features
Arts Centre, Park, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
103' x 226'
Fronting
North
Taxes
$8,623 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.12' x 13.12' | Open Concept |
Dining | Main | 13.12' x 13.12' | |
Kitchen | Main | 9.84' x 13.12' | |
Br | Main | 13.12' x 13.12' | |
Prim Bdrm | 2nd | 16.40' x 13.12' | |
3rd Br | 2nd | 16.40' x 13.12' | |
4th Br | 2nd | 13.12' x 13.12' | |
Living | Upper | 13.12' x 16.40' | |
Kitchen | Upper | 9.84' x 13.12' | |
5th Br | Upper | 13.12' x 13.12' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
58 Oxford St is a 5-bedroom 3-bathroom home listed for sale at $2,399,999, which is $1,115,143 (31.7%) lower than the average sold price of $3,515,142 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill increased by $1,164,357 (49.5%) compared to the previous 30 day period (October 12 - November 10) and up $1,492,309 (73.8%) from the same time one year ago.Inventory Change
There were 18 5-bedroom homes listed in Richmond Hill over the last 30 days (November 11 - December 10), which is down 33.3% compared with the previous 30 day period (October 12 - November 10) and up 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($179,428) (5.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $172,817 decrease compared to the previous 30 day period (October 12 - November 10) and ($96,633) 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 5-bedroom homes in Richmond Hill over the last 30 days (November 11 - December 10) stood at 77.8%, up from 51.9% over the previous 30 days (October 12 - November 10) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Richmond Hill stood at 37 days when successfully sold over the last 30 days (November 11 - December 10), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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