83 Elm Ave

FOR SALE
$2,766,000
83 Elm Ave, Richmond Hill
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
83 Elm Ave
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4 + 5
BEDROOMS
9
BATHROOMS
1 + 2
KITCHENS
16 + 6
ROOMS
N8265836
MLSID
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Property Description
Truly Magnificent Custom Home At 65.8' Wide Lot. Total **3 Separate Unit With Separate Entry On Basement, First Floor And Upper Level. Luxury Living Space With Lots Of Upgrade In Every Detail. New H/W Floor (2021). Designer Kitchen & Baths. Hugh Open Concept W/Coffered Ceiling. Currently The First Floor And Basement Are Rented Out, Generating An Income Of $8,000 A Month. First Floor Can Also Used As Commercial Space. Level Two and Three have Kitchen and laundry and 4 Bedrooms and 4 Bathrooms, Level One with 3 Bedrooms and A large Bathroom and kitchen plus Laundry, Basement has 2 bedrooms with kitchen and laundry with separated walk-up.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-09-12 2019-10-04 22 $2,180 $2,150 Leased
2019-08-04 2019-09-12 39 $2,200 - Suspended
Extras
All California Shutters, Elfs (Exc. Chandelier On 2F Kitchen), 3 F/P, 2 Skylts, Pot Lights, Sconces, S/S Fridge, Stove, B/I DW. Washer, Dryer, Cook Top, Microwave Oven + All Bsmt Appl's. Sprinkler, Jacuzzi, Steam Sauna, Sound System.
Nearby Intersections
Property Features
Fenced Yard, Library, Public Transit, School, School Bus Route
Property Details
Street
Community
Property Type
Detached, 3-Storey
Lot Size
66' x 127'
Lot Irregularities
3 Large Unit.
Fronting
East
Taxes
$10,263 (2023)
Basement
Apartment, Walk-Up
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Living2nd14.76' x 26.90'Limestone Flooring, Large Window, Juliette Balcony
Dining2nd13.25' x 19.55'Hardwood Floor, Coffered Ceiling, Moulded Ceiling
OfficeMain26.84' x 29.40'Limestone Flooring, Walk-Out, Gas Fireplace
KitchenMain11.58' x 19.62'Ceramic Floor, Granite Counter, Backsplash
Prim Bdrm2nd16.40' x 26.77'Hardwood Floor, 6 Pc Ensuite, Gas Fireplace
2nd Br3rd11.81' x 13.78'Hardwood Floor, 3 Pc Ensuite, Picture Window
3rd Br3rd13.78' x 13.12'Hardwood Floor, 3 Pc Ensuite, Window
4th Br3rd12.14' x 12.60'Hardwood Floor, 3 Pc Ensuite, Closet
KitchenBsmt6.59' x 10.56'Above Grade Window, Ceramic Floor, Above Grade Window
BrBsmt13.06' x 12.01'Walk-Up, 3 Pc Ensuite, Above Grade Window
2nd BrBsmt12.01' x 20.41'Ceramic Floor, 3 Pc Bath, Above Grade Window
2nd BrFlat13.85' x 12.99'Walk-Out, Window, Coffered Ceiling
Richmond Hill Market Statistics
Richmond Hill Price Trend
83 Elm Ave is a 4-bedroom 9-bathroom home listed for sale at $2,766,000, which is $843,359 (43.9%) higher than the average sold price of $1,922,641 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $11,282 (0.6%) compared to the previous 30 day period (March 5 - April 3) and down $7,169 (0.4%) from the same time one year ago.
Inventory Change
There were 179 4-bedroom homes listed in Richmond Hill over the last 30 days (April 4 - May 3), which is up 43.2% compared with the previous 30 day period (March 5 - April 3) and up 49.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $46,345 (2.4%) above asking price over the last 30 days (April 4 - May 3), which represents a $39,361 decrease compared to the previous 30 day period (March 5 - April 3) and $113,408 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 4 - May 3) stood at 43.6%, down from 52.0% over the previous 30 days (March 5 - April 3) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 9-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (April 4 - May 3), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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