8501 Bayview Ave 408
Doncrest, Richmond Hill, L4B 3J7
FOR SALE
$657,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSN11905665
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Property Description
Welcome to "Bayview Place" A Gem in a Highly Sought-After Area! This spacious and bright 2-bedroom + den, 2-bathroom unit offers 1,127 sq. ft. of comfortable living space. It features renovated bathrooms with sleek quartz vanities and an open balcony that offers breathtaking, quiet views. The unit comes with the added convenience of 2 owned parking spaces in a well-maintained building with top-notch amenities and numerous upgrades. Ideally located, this home is within walking distance of public transit, major highways, and premier shopping destinations. The area also boasts a variety of prestigious schools. Your dream home in the heart of it all awaits!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-05-25 | 2020-05-26 | 2 | $535,000 | $510,000 | Sold |
| 2020-05-06 | 2020-05-25 | 19 | $519,000 | - | Terminated |
Extras
Fridge, Stove, Dishwasher, Washer, Dryer.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,253 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (Level B)
Parking 2
Owned (Level B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 11.15' x 23.29' | Laminate, Combined W/Dining, Open Concept |
| Dining | Ground | 11.15' x 23.29' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Ground | 8.40' x 11.22' | Porcelain Floor, Granite Counter, Backsplash |
| Prim Bdrm | Ground | 10.66' x 15.49' | Laminate, W/I Closet, 4 Pc Ensuite |
| 2nd Br | Ground | 8.96' x 15.49' | Laminate, Large Closet, Large Window |
| Solarium | Ground | 8.10' x 10.70' | Laminate, W/O To Balcony, Large Window |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
8501 Bayview Ave 408 is a 2-bedroom 2-bathroom condo listed for sale at $657,900, which is $17,650 (2.8%) higher than the average sold price of $640,250 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $31,095 (4.6%) compared to the previous 30 day period (November 19 - December 18) and down $56,820 (8.2%) from the same time one year ago.Inventory Change
There were 28 2-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 3.4% compared with the previous 30 day period (November 19 - December 18) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($21,775) (3.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,643 increase compared to the previous 30 day period (November 19 - December 18) and ($10,620) 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 2-bedroom condos in Richmond Hill over the last 30 days (December 19 - January 17) stood at 42.9%, down from 75.9% over the previous 30 days (November 19 - December 18) and down from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Richmond Hill stood at 47 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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