70 Riley Reed Lane
Rural Richmond Hill, Richmond Hill, L4S 0M3
FOR SALE
$999,000
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BEDROOMS2
BATHROOMS1
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Property Description
Welcome to 70 Riley Reed Lane In Prime Location, Brand New 3-Level Townhome Beautiful Bright and Sun Filled And Unobstructed South View. 9 Ft Ceiling On Main & Upper Level.Open Concept Kitchen with Tons of Upgrade Including Cabinets, Double Sink, Large Centre Quartz Island With Breakfast Bar and Upgraded Stainless Steel Appliances, and Direct Access to the Garage.Minutes To Costco, Shops, Restaurants, Hwy 404 and more, Don't miss out, just move-in and enjoy. Have a sip of coffee or tea by the balcony.
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
21' x 52'
Fronting
North
Taxes
$2,224 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Richmond Hill Market Statistics
Richmond Hill Price Trend
70 Riley Reed Lane is a 3-bedroom 2-bathroom townhome listed for sale at $999,000, which is $189,300 (15.9%) 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 2-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 Homelife Landmark Realty Inc.
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