697 Sixteenth Ave
Langstaff, Richmond Hill, L4C 7A8
FOR SALE
$1,598,000
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BEDROOMS4
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Property Description
Rare Opportunity To own A Semi Detached in the heart of Richmond Hill observatory Hill neighbourhood with an Extra Deep Lot of 170 ft. Situated On Highly Sought After 16th Ave & Bayview & minutes away from the highway & Yonge st. Renovated, 10 Foot High Ceilings, 2 Storey high ceiling Foyer, Potlights, Gleaming Hardwood Floor, California Shutters, finished open concept basement with 2-peice bathroom. Perfect location & lot for potential professional home-office use such as lawyer, dentist, accountant live in & operate your professional business (do your own due-diligence & check all local bylaws). Beautiful lush private green backyard with mature trees and greenery. Huge potential for future commercial property or builder purchase for townhome development due to deep lots on 16th avenue.
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Extras
All appliances owned, no rentals or contracts. Custom-Made European Kitchen With New Quartz Counter Top, Backsplash, Stainless Steel Built-In Appliances, Roof (2014)
Nearby Intersections
Bayview & Highway 7 (96)
Bayview & 16th Avenue (110)
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
25' x 170'
Lot Irregularities
Rs56R22499 Part 1
Fronting
South
Taxes
$5,751 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.94' x 17.03' | Hardwood Floor, Combined W/Dining, Picture Window |
| Dining | Main | 9.94' x 17.03' | Hardwood Floor, Combined W/Living, Formal Rm |
| Kitchen | Main | 8.86' x 21.65' | Ceramic Floor, Breakfast Area, W/O To Sundeck |
| Laundry | Main | 4.92' x 8.20' | Ceramic Floor, Access To Garage, Separate Rm |
| Family | 2nd | 11.52' x 14.99' | Hardwood Floor, Gas Fireplace, Open Concept |
| Prim Bdrm | 2nd | 10.14' x 11.42' | Hardwood Floor, W/I Closet, 4 Pc Ensuite |
| 2nd Br | 2nd | 8.89' x 10.63' | Hardwood Floor, Large Closet, Window |
| 3rd Br | 2nd | 9.91' x 10.24' | Hardwood Floor, Large Closet, Window |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
697 Sixteenth Ave is a 3-bedroom 4-bathroom home listed for sale at $1,598,000, which is $109,378 (7.3%) higher than the average sold price of $1,488,622 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill increased by $73,852 (5.2%) compared to the previous 30 day period (August 6 - September 4) and down $35,493 (2.3%) from the same time one year ago.Inventory Change
There were 109 3-bedroom homes listed in Richmond Hill over the last 30 days (September 5 - October 4), which is up 51.4% compared with the previous 30 day period (August 6 - September 4) and up 2.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $1,589 (0.1%) above asking price over the last 30 days (September 5 - October 4), which represents a $43,891 increase compared to the previous 30 day period (August 6 - September 4) and ($6,691) more 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 3-bedroom homes in Richmond Hill over the last 30 days (September 5 - October 4) stood at 32.1%, down from 44.4% over the previous 30 days (August 6 - September 4) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Richmond Hill stood at 18 days when successfully sold over the last 30 days (September 5 - October 4), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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