78 Settlement Cres

FOR SALE
$2,888,000
78 Settlement Cres, Richmond Hill
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
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78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
78 Settlement Cres
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78 Settlement Cres
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4 + 3
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
12
ROOMS
N9512249
MLSID
Contact Us
Property Description
Exquisite custom-built home by Heathwood, showcasing exceptional craftsmanship and a highly functional layout. Located in the prestigious Forest Hill On the Green community, this residence boasts superior quality construction and luxurious finishes throughout. Enjoy 10 ft ceilings on the main floor and 9 ft ceilings on both the second floor and basement, enhancing the homes open and airy design. Significant upgrades include a cast iron security front door, an advanced sprinkler system, enlarged windows, and custom, elevated doors installed throughout.The high-end kitchen is equipped with top-of-the-line built-in Thermador appliances and numerous custom upgrades, perfect for the discerning chef. An office on the second floor offers flexible use and can be converted into an additional bedroom, making this property a potential 5-bedroom home.Located within a top school zone, this property is part of the boundaries for renowned Richmond Hill High School, sought-after French Immersion elementary schools, and the Theresa School district.Surrounded by forest trails, parks, ponds, and a golf course in the esteemed Jefferson community. With over 4,000 square feet of total living space, including a finished basement with large windows, this home is designed for luxury living in every detail.
Extras
High End Build In Stainless Steel Thermador Fridge, Oven, Microwave & Dish Washer. Gas Stove And Range Hood. Front Load Washer & Dryer. All Existing Elf's And Window Coverings/Blinds. CAC, Humidifier
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
55' x 98'
Fronting
West
Taxes
$9,434 (2024)
Basement
Apartment, Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain15.98' x 9.97'Hardwood Floor, Combined W/Dining
DiningMain17.98' x 11.98'Hardwood Floor, Combined W/Living
KitchenMain11.98' x 12.89'Hardwood Floor
BreakfastMain9.97' x 11.98'Hardwood Floor, W/O To Garden
FamilyMain16.99' x 12.99'Hardwood Floor, Electric Fireplace, Window
OfficeMain16.01' x 12.04'Hardwood Floor, Window
Prim Bdrm2nd10.83' x 19.98'Hardwood Floor, Window
2nd Br2nd9.97' x 8.33'Hardwood Floor, W/I Closet
3rd Br2nd10.01' x 15.98'Hardwood Floor, W/I Closet
4th Br2nd10.99' x 11.98'Hardwood Floor, W/I Closet
BrBsmt16.14' x 11.91'Laminate
RecBsmt16.99' x 23.00'Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
78 Settlement Cres is a 4-bedroom 5-bathroom home listed for sale at $2,888,000, which is $938,241 (48.1%) higher than the average sold price of $1,949,759 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $59,462 (3.1%) compared to the previous 30 day period (September 1 - September 30) and up $102,730 (5.6%) from the same time one year ago.
Inventory Change
There were 152 4-bedroom homes listed in Richmond Hill over the last 30 days (October 1 - October 30), which is down 23.6% compared with the previous 30 day period (September 1 - September 30) and up 16.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($49,186) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $24,488 decrease compared to the previous 30 day period (September 1 - September 30) and $6,631 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 (October 1 - October 30) stood at 52.0%, up from 23.6% over the previous 30 days (September 1 - September 30) and up from 38.5% 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 24 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Home Land Plus Realty Ltd.
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