8 Philips Lake Crt

FOR SALE
$1,799,000
8 Philips Lake Crt, Richmond Hill
8 Philips Lake Crt
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
N11951149
MLSID
Contact Us
Property Description
A truly exceptional home! This 4+1 bedroom detached property offers over 3,000 sq. ft. of modern living space, plus a fully finished basement. Located on a peaceful cul-de-sac, the home has been thoughtfully upgraded throughout. The main floor features high 9-ft ceilings, an office area, and a sleek design with hardwood floors and recessed lighting. The kitchen is a chefs dream, with granite countertops, a stylish backsplash, and a breakfast bar perfect for casual dining. The bathrooms are finished with chic quartz counters. The fully finished basement includes a spacious bedroom with built-in closets, a versatile recreation area, an exercise room, and a full 4-piece bath. Outside, enjoy the private landscaped yard and an interlocked driveway that can fit 3 cars. The home also includes security cameras around the exterior and a comprehensive interior alarm system. Situated in a vibrant Richmond Hill community, this property is an ideal choice for growing families.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-15 2024-12-15 30 $1,888,888 - Suspended
2024-10-29 2024-11-14 16 $1,988,888 - Suspended
2024-10-04 2024-10-28 24 $1,988,888 - Suspended
2024-09-12 2024-10-04 22 $2,249,000 - Suspended
2021-05-04 2021-05-11 7 $1,649,000 $1,750,000 Sold
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
45' x 99'
Fronting
East
Taxes
$8,182 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.96' x 19.52'Hardwood Floor, Crown Moulding, Pot Lights
DiningMain12.96' x 19.52'Hardwood Floor, Crown Moulding, Combined W/Living
FamilyMain13.78' x 19.85'Hardwood Floor, Gas Fireplace, Pot Lights
KitchenMain11.15' x 14.27'Hardwood Floor, Quartz Counter, Centre Island
BreakfastMain8.53' x 14.27'Hardwood Floor, Crown Moulding, W/O To Deck
OfficeMain10.17' x 10.83'Hardwood Floor, Crown Moulding, Pot Lights
Prim Bdrm2nd14.44' x 20.01'Hardwood Floor, His/Hers Closets, 5 Pc Ensuite
2nd Br2nd13.12' x 15.09'Hardwood Floor, W/I Closet, 4 Pc Ensuite
3rd Br2nd10.99' x 13.12'Hardwood Floor, W/I Closet, Semi Ensuite
4th Br2nd10.83' x 13.78'Hardwood Floor, W/I Closet, Semi Ensuite
BrBsmt10.01' x 12.30'Vinyl Floor, Closet, Window
RecBsmt14.11' x 19.69'Vinyl Floor, Open Concept, Window
Richmond Hill Market Statistics
Richmond Hill Price Trend
8 Philips Lake Crt is a 4-bedroom 5-bathroom home listed for sale at $1,799,000, which is $32,362 (1.8%) lower than the average sold price of $1,831,362 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $140,822 (7.1%) compared to the previous 30 day period (November 19 - December 18) and up $46,526 (2.6%) from the same time one year ago.
Inventory Change
There were 60 4-bedroom homes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 34.8% compared with the previous 30 day period (November 19 - December 18) and up 81.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold ($1,382) (0.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $55,971 increase compared to the previous 30 day period (November 19 - December 18) and ($53,488) more 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 (December 19 - January 17) stood at 48.3%, down from 70.7% over the previous 30 days (November 19 - December 18) and down from 66.7% 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 34 days when successfully sold over the last 30 days (December 19 - January 17), compared to 96 days before being removed from the market upon being suspended or terminated.
Listing contracted with P2 Realty Inc.
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