74 Westwood Lane
South Richvale, Richmond Hill, L4C 6Y1
FOR SALE
$2,250,000
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BEDROOMS3
BATHROOMS1 + 1
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Property Description
Welcome to this charming old-style bungalow nestled in the heart of Richmond Hill's prestigious luxury home enclave. Surrounded by multi-million dollar mansions, this property presents an exceptional opportunity to craft your dream residence or reimagine the existing charm to suit contemporary tastes. Set on a coveted corner lot, this meticulously maintained bungalow offers a plethora of desirable features. Step inside to be greeted by many features, including a separate entrance leading to a potential in-law suite, offering versatility for extended family or rental income. The main level impresses with its spacious layout, featuring large principal rooms bathed in natural light. Warm up by the flickering flames of two fireplaces one gracing the upper living room and another adding ambiance to the basement living room. The large eat-in kitchen seamlessly transitions into a cozy family room, creating a hub for gatherings and everyday living. Entertain with ease in the elegant L-shaped living and dining room, perfect for hosting soirees and intimate dinners. Descend to the basement, where a family-sized kitchen and sprawling living area await, offering endless possibilities for customization. Additional rooms in the basement provide flexibility for offices, home gyms, or media rooms, catering to your lifestyle needs. Whether you envision this bungalow as a cherished family home or aspire to create the ultimate luxury mansion, the potential is limitless. Embrace the opportunity to immerse yourself in the exclusive community of Richmond Hill, where prestige meets tranquillity. With its prime location, premium amenities, and unrivalled potential, this exceptional property invites you to embark on a journey of luxury living. Don't miss the chance to make your mark in this esteemed neighbourhood schedule your viewing today and let your imagination soar.
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Extras
Charming bungalow in a mature Richmond Hill neighbourhood. Multiple entrances, all appliances included, along with electrical light fixtures, & California shutters, oversized garage, cold cellar, and much more. Envision the possibilities.
Nearby Intersections
Yonge & 16th Avenue (188)
Yonge & Highway 7 (79)
Property Features
Fenced Yard, Level, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
105' x 95'
Acreage
< .50
Lot Irregularities
Corner Lot
Fronting
South
Taxes
$11,437 (2023)
Basement
Sep Entrance, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.09' x 14.07' | Eat-In Kitchen, Ceramic Floor, Pantry |
| Family | Main | 15.39' x 12.99' | California Shutters, Ceramic Floor, Open Concept |
| Living | Main | 13.19' x 17.29' | Brick Fireplace, Hardwood Floor, Combined W/Dining |
| Dining | Main | 9.09' x 9.78' | Crown Moulding, Hardwood Floor, Combined W/Living |
| Prim Bdrm | Main | 11.19' x 13.98' | 2 Pc Ensuite, Hardwood Floor, W/I Closet |
| 2nd Br | Main | 9.19' x 13.09' | Closet, Hardwood Floor, Window |
| 3rd Br | Main | 9.19' x 11.29' | Closet, Hardwood Floor, Window |
| Kitchen | Bsmt | 12.60' x 13.58' | Ceramic Back Splash, Ceramic Floor, Family Size Kitchen |
| Living | Bsmt | 13.09' x 20.57' | Panelled, Ceramic Floor, Fireplace |
| Laundry | Bsmt | 8.40' x 10.99' | Double Sink, Ceramic Floor, B/I Shelves |
| Office | Bsmt | 10.99' x 16.17' | Window, Ceramic Floor |
| Cold/Cant | Bsmt | 5.71' x 14.80' | Sump Pump, Concrete Floor, B/I Shelves |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
74 Westwood Lane is a 3-bedroom 3-bathroom home listed for sale at $2,250,000, which is $804,418 (55.6%) higher than the average sold price of $1,445,582 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill increased by $60,540 (4.4%) compared to the previous 30 day period (March 15 - April 13) and down $42,880 (2.9%) from the same time one year ago.Inventory Change
There were 100 3-bedroom homes listed in Richmond Hill over the last 30 days (April 14 - May 13), which is up 35.1% compared with the previous 30 day period (March 15 - April 13) and up 51.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $49,098 (3.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $44,535 decrease compared to the previous 30 day period (March 15 - April 13) and $95,749 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 homes in Richmond Hill over the last 30 days (April 14 - May 13) stood at 34.0%, down from 63.5% over the previous 30 days (March 15 - April 13) and down from 65.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Richmond Hill stood at 14 days when successfully sold over the last 30 days (April 14 - May 13), compared to 29 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker The Real Estate Centre
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