58 Oxford St

FOR SALE
$2,499,000
58 Oxford St, Richmond Hill
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5
BEDROOMS
3
BATHROOMS
2
KITCHENS
10
ROOMS
N9367754
MLSID
Contact Us
Property Description
***Attention Builders, Investors And End Users*** Seize this rare opportunity to purchase a double lot with existing house on one lot and the opportunity to build a breathtaking custom home on a massive severed double lot (103 x 226 ft), surrounded by luxury multimillion-dollar estates in the heart of the highly sought-after Mill Pond neighbourhood in Richmond Hill. This prime property is fully serviced with architectural drawings ready to build (on Part 1) a stunning 2 storey custom home featuring 5+1 Bedrooms, 6 Bathrooms, Integral 2 car garage, movie theatre, home gym and more. With full flexibility, you can choose to enjoy or rent the current charming 2-story home (on Part 2) while building your dream home or while planning for future construction. The existing 5-bedroom home (on Part 2) is in excellent condition, offering immediate occupancy or rental income potential. The main house boasts an open-concept floor plan, 4 spacious bedrooms, and 2 bathrooms, plus a large, self-contained 1-bedroom apartment above the garage, perfect for additional rental income or multigenerational living. Enjoy the perfect blend of tranquility and accessibility, with everything you need just moments away. Take a short walk or drive to Yonge Street, where you'll find a wealth of amenities including public transit, shopping, banks, and a variety of restaurants. Top-rated private and public schools are nearby, making this an ideal location for families. Explore the outdoors with Mill Pond, playgrounds, and scenic trails right at your doorstep. Whether you are looking for a family estate, investment potential, or future development, this property offers unmatched opportunity.
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
Nearby Intersections
Property Features
Arts Centre, Park, School
Property Details
Street
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain13.12' x 13.12'
DiningMain13.12' x 13.12'
KitchenMain9.84' x 13.12'
BrMain13.12' x 13.12'
Prim Bdrm2nd16.40' x 13.12'
3rd Br2nd16.40' x 13.12'
4th Br2nd13.12' x 13.12'
LivingUpper13.12' x 16.40'
KitchenUpper9.84' x 13.12'
5th BrUpper13.12' x 13.12'
Richmond Hill Market Statistics
Richmond Hill Price Trend
58 Oxford St is a 5-bedroom 3-bathroom home listed for sale at $2,499,000, which is $60,771 (2.5%) higher than the average sold price of $2,438,229 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $480,187 (16.5%) compared to the previous 30 day period (August 6 - September 4) and down $371,612 (13.2%) from the same time one year ago.
Inventory Change
There were 49 5-bedroom homes listed in Richmond Hill over the last 30 days (September 5 - October 4), which is up 69.0% compared with the previous 30 day period (August 6 - September 4) and up 113.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($190,679) (7.8%) below asking price over the last 30 days (September 5 - October 4), which represents a $120,929 decrease compared to the previous 30 day period (August 6 - September 4) and $165,873 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 (September 5 - October 4) stood at 22.4%, down from 41.4% over the previous 30 days (August 6 - September 4) and down from 30.4% 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 36 days when successfully sold over the last 30 days (September 5 - October 4), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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