8763 BAYVIEW Ave 625

FOR SALE
$559,000
8763 BAYVIEW Ave 625, Richmond Hill
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
8763 BAYVIEW Ave 625
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
N9365314
MLSID
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Property Description
Impressive Feng-Shui Inspired Tao Boutique Condos, 1 Bedroom + Den Unit with Unobstructed West View. 615 Sq Ft of Functional Space & Soaring 10' Ceilings + 40 Sq Ft Balcony Space. Unit is Freshly Painted Throughout. Located In Heart Of Richmond Hill, Quick Access To The 407 & Hwy 7, Walking Distance To The Go Station. Directly Across From Loblaws, Restaurants, Tim Hortons, Starbucks, Close Proximity To Hillcrest Mall.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-22 2024-09-23 63 $569,000 - Terminated
2024-05-13 2024-07-22 70 $595,000 - Terminated
Extras
Stainless Steel Appl (Fridge, Stove, Dishwasher, Range Hood), Washer & Dryer, All Window Coverings and All Elfs. *Includes One (1) Parking & One (1) Locker.*
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,412 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.24' x 21.72'Laminate, W/O To Balcony, Combined W/Dining
DiningFlat10.24' x 21.72'Laminate, Combined W/Kitchen
KitchenFlat10.24' x 21.72'Laminate, Combined W/Dining, Stainless Steel Appl
Prim BdrmFlat9.97' x 9.97'Laminate, Closet, W/O To Balcony
DenFlat5.48' x 5.97'Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
8763 BAYVIEW Ave 625 is a 1-bedroom 1-bathroom condo listed for sale at $559,000, which is $28,812 (5.4%) higher than the average sold price of $530,188 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill declined by $48,355 (8.4%) compared to the previous 30 day period (August 6 - September 4) and down $102,052 (16.1%) from the same time one year ago.
Inventory Change
There were 53 1-bedroom condos listed in Richmond Hill over the last 30 days (September 5 - October 4), which is up 39.5% compared with the previous 30 day period (August 6 - September 4) and up 15.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($4,772) (0.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $870 increase compared to the previous 30 day period (August 6 - September 4) and ($2,775) 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 (September 5 - October 4) stood at 34.0%, down from 65.8% over the previous 30 days (August 6 - September 4) and down from 54.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 38 days when successfully sold over the last 30 days (September 5 - October 4), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Landpower Real Estate Ltd.
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