78 Gatcombe Circ

FOR SALE
$2,175,000
78 Gatcombe Circ, Richmond Hill
78 Gatcombe Circ
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
N8320752
MLSID
Contact Us
Property Description
Nestled on a quiet and safe street in the esteemed Heritage Estates neighborhood, this cherished home has been a haven of tranquility and joy for its owners. With 4+1 bedrooms, 4+1 bathrooms, including a convenient second ensuite on the upper level, this spacious residence is perfect for families seeking comfort and convenience. With a history of raising three successful children and fostering lifelong friendships, this home embodies warmth, love and cherished memories. The heart of the home, the renovated kitchen boasts modern amenities and a walkout to a large cedar deck overlooking the private yard enveloped by majestic evergreens, creating an idyllic setting for outdoor gatherings and relaxation. Newly renovated bathrooms , hardwood floors, 9 ft ceilings, skylight, new garage doors, new front door, new roof, new windows, above grade basement windows, wood burning fireplace in family room, gas fireplace hookup in basement.
Extras
Walking distance to Mill Pond and trails, the exciting 2024 Mill Pond Park Revitalization plan, top-rated elementary and high schools, hospital, Yonge St. shopping
Nearby Intersections
Property Features
Lake/Pond, Park, Public Transit, Ravine, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
47' x 115'
Lot Irregularities
Widens Rear 65 Ft, East Depth 116.33 Ft
Fronting
South
Taxes
$8,007 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
FoyerMain9.32' x 10.01'Ceramic Floor, Open Stairs, Closet
LivingMain11.52' x 19.32'Bay Window, Hardwood Floor, Combined W/Dining
DiningMain11.52' x 16.99'Formal Rm, Crown Moulding, Hardwood Floor
KitchenMain12.01' x 19.85'Eat-In Kitchen, Centre Island, W/O To Deck
FamilyMain12.01' x 25.98'Fireplace, Hardwood Floor, California Shutters
DenMain10.01' x 12.01'Hardwood Floor, Crown Moulding
Prim Bdrm2nd18.83' x 22.18'5 Pc Ensuite, W/I Closet, O/Looks Backyard
2nd Br2nd10.99' x 14.67'Double Closet, Hardwood Floor, O/Looks Backyard
3rd Br2nd11.52' x 14.40'Double Closet, O/Looks Backyard
4th Br2nd11.52' x 12.99'5 Pc Ensuite, Double Closet, California Shutters
RecBsmt12.66' x 22.01'Open Concept, Combined Wi/Game
5th BrBsmt12.24' x 14.17'W/W Closet, Tile Floor
Richmond Hill Market Statistics
Richmond Hill Price Trend
78 Gatcombe Circ is a 4-bedroom 5-bathroom home listed for sale at $2,175,000, which is $263,705 (13.8%) higher than the average sold price of $1,911,295 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $41,168 (2.1%) compared to the previous 30 day period (March 15 - April 13) and down $34,948 (1.8%) from the same time one year ago.
Inventory Change
There were 205 4-bedroom homes listed in Richmond Hill over the last 30 days (April 14 - May 13), which is up 70.8% compared with the previous 30 day period (March 15 - April 13) and up 55.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $8,247 (0.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $95,057 decrease compared to the previous 30 day period (March 15 - April 13) and $118,245 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 4-bedroom homes in Richmond Hill over the last 30 days (April 14 - May 13) stood at 29.8%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 68.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Richmond Hill stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sage Real Estate Limited
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