7 Phelps Lane 5
Oak Ridges, Richmond Hill, L4E 4H1
FOR SALE
$869,999
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3
BEDROOMS3
BATHROOMS1
KITCHENS5
ROOMSN9357879
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Property Description
Client RemarksDiscover this modern, one-year-old stack townhome in Richmond Hill. It offers three spacious bedrooms and three full bathrooms, perfect for families or those needing extra space. Enjoy the convenience of a garage with parking for one car and a beautiful rooftop for relaxing or entertaining. This stylish and contemporary home is ready to move in!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-05 | 2024-09-19 | 76 | $869,999 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$4,163 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | 2nd | 12.01' x 18.08' | B/I Dishwasher, B/I Microwave, B/I Oven |
| Living | 2nd | 12.01' x 18.08' | |
| Bathroom | 2nd | 6.14' x 6.66' | 3 Pc Bath |
| 3rd Br | 2nd | 708.66' x 997.38' | |
| Br | 3rd | 11.52' x 13.12' | 3 Pc Bath, B/I Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
7 Phelps Lane 5 is a 3-bedroom 3-bathroom townhome listed for sale at $869,999, which is $318,301 (26.8%) lower than the average sold price of $1,188,300 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill increased by $60,339 (5.3%) compared to the previous 30 day period (July 22 - August 20) and down $73,778 (5.8%) from the same time one year ago.Inventory Change
There were 106 3-bedroom townhomes listed in Richmond Hill over the last 30 days (August 21 - September 19), which is up 71.0% compared with the previous 30 day period (July 22 - August 20) and up 41.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold ($12,236) (1.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $64,731 decrease compared to the previous 30 day period (July 22 - August 20) and $50,629 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 3-bedroom townhomes in Richmond Hill over the last 30 days (August 21 - September 19) stood at 23.6%, down from 71.0% over the previous 30 days (July 22 - August 20) and down from 37.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Richmond Hill stood at 22 days when successfully sold over the last 30 days (August 21 - September 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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