8763 Bayview Ave 531
Doncrest, Richmond Hill, L4B 3V1
FOR SALE
$599,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSN11881668
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Property Description
Beautifully Designed 1-Bedroom + Den Suite with BRAND NEW Flooring & FRESHLY Painted! Boasting A Functional Open-Concept Layout, Contemporary Finishes, And A Versatile Den Ideal For A Home Office Or Extra Living Space, This Suite Is Ideal For Professionals Or Couples. Residents Enjoy A Variety Of Top-Tier Amenities, Including A Fitness Center, Indoor Pool, Party Room, Rooftop Terrace, And 24-Hour Concierge, Offering A Luxurious And Carefree Lifestyle. Nestled In A Prime Location, This Property Is Steps Away From Richmond Hill's Vibrant Dining Scene, Boutique Shops, And Everyday Conveniences. Nearby Attractions Include Hillcrest Mall, Richmond Green Sports Centre And Park, And David Dunlap Observatory Park, Offering A Mix Of Leisure And Outdoor Activities. Easy Access To Major Highways And Public Transit Ensures Seamless Connectivity Across The GTA.
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Extras
Stainless Steel Fridge, Stove, Hood Fan, Built-In Dishwasher, Stacked Washer/Dryer And Window Covering.
Nearby Intersections
Bayview & Highway 7 (84)
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,682 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A)
Garage Type
Underground
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Richmond Hill Market Statistics
Richmond Hill Price Trend
8763 Bayview Ave 531 is a 1-bedroom 2-bathroom condo listed for sale at $599,000, which is $37,371 (6.7%) higher than the average sold price of $561,629 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill increased by $12,496 (2.3%) compared to the previous 30 day period (October 12 - November 10) and up $4,976 (0.9%) from the same time one year ago.Inventory Change
There were 40 1-bedroom condos listed in Richmond Hill over the last 30 days (November 11 - December 10), which is down 4.8% compared with the previous 30 day period (October 12 - November 10) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($17,325) (3.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $10,812 decrease compared to the previous 30 day period (October 12 - November 10) and ($8,153) 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 1-bedroom condos in Richmond Hill over the last 30 days (November 11 - December 10) stood at 67.5%, up from 35.7% over the previous 30 days (October 12 - November 10) and up from 37.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Richmond Hill stood at 40 days when successfully sold over the last 30 days (November 11 - December 10), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Condowong Real Estate Inc.
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