8 Deep River Lane

FOR SALE
$1,499,900
8 Deep River Lane, Richmond Hill
8 Deep River Lane
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
10
ROOMS
N11933023
MLSID
Contact Us
Property Description
Discover this bright and spacious townhouse in the highly desirable Westbrook community of Richmond Hill. Offering 4+1 bedrooms and over 2,442 sq ft of living space, this home is thoughtfully designed for modern living. Highlights include 9-foot ceilings on the main floor, elegant hardwood flooring, and oak stairs. The upgraded modern kitchen features an extra-large central island and stainless steel appliances. A finished basement with an additional bathroom provides added versatility. Ideally located just steps from Yonge Street, transit, top-rated schools, parks, shopping centers, and more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-22 2022-07-31 131 $1,588,000 - Expired
2022-02-03 2022-03-20 44 $1,588,000 - Suspended
Extras
Stainless Steel( Fridge, Stove, Range Hood, Dishwasher) Washer/Dryer, All Light Fixtures.
Nearby Intersections
Property Features
Hospital, Level, Public Transit, School
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
20' x 77'
Fronting
North
Taxes
$5,143 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Richmond Hill Market Statistics
Richmond Hill Price Trend
8 Deep River Lane is a 4-bedroom 4-bathroom townhome listed for sale at $1,499,900, which is $102,400 (7.3%) higher than the average sold price of $1,397,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom townhome in Richmond Hill increased by $137,019 (10.9%) compared to the previous 30 day period (November 19 - December 18) and up $217,500 (18.4%) from the same time one year ago.
Inventory Change
There were 5 4-bedroom townhomes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 44.4% compared with the previous 30 day period (November 19 - December 18) and down 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Richmond Hill typically sold ($36,450) (2.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $82,568 decrease compared to the previous 30 day period (November 19 - December 18) and ($19,900) 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 townhomes in Richmond Hill over the last 30 days (December 19 - January 17) stood at 40.0%, down from 122.2% over the previous 30 days (November 19 - December 18) and up from 16.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Richmond Hill stood at 20 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Excel Realty Ltd.
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