119 Spruce Ave

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119 Spruce Ave, Richmond Hill
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
N4039630
MLSID
Contact Us
Property Description
Amazing Opportunity To Build Your Custom Dream Home! Rare Table Land, 55X242 Foot Lot Boasts The Potential Of Building Whatever Your Heart Desires. Current Plans And Drawings For Homes Up To 6500 Sq.Ft. With 4 Car Garage Avail. Surrounded By Multi-Million Dollar Custom Built Homes, Amenities, Top-Ranked Schools, Transportation.
Extras
Two-Storey, 3 Br Home On Property Now. Can Be Rented Until Construction. Perfectly Flat Unobstructed Table Land. 55 X 242 Foot Lot, ***South Backyard***.
Property Details
Property Type
Detached, 2-Storey
Lot Size
55' x 242'
Lot Irregularities
As Per Survey
Fronting
South
Taxes
$6,572 (2017)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Private
Garage Type
Built-In
Richmond Hill Market Statistics
Richmond Hill Price Trend
119 Spruce Ave is a 3-bedroom 3-bathroom home listed for sale at $2,198,000, which is $832,705 (61.0%) higher than the average sold price of $1,365,295 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill declined by $59,274 (4.2%) compared to the previous 30 day period (February 19 - March 19) and up $13,284 (1.0%) from the same time one year ago.
Inventory Change
There were 90 3-bedroom homes listed in Richmond Hill over the last 30 days (March 20 - April 18), which is up 7.1% compared with the previous 30 day period (February 19 - March 19) and up 63.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $89,074 (6.5%) above asking price over the last 30 days (March 20 - April 18), which represents a $59,649 increase compared to the previous 30 day period (February 19 - March 19) and $31,158 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 3-bedroom homes in Richmond Hill over the last 30 days (March 20 - April 18) stood at 54.4%, up from 47.6% over the previous 30 days (February 19 - March 19) and up from 52.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Richmond Hill stood at 10 days when successfully sold over the last 30 days (March 20 - April 18), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty, Brokerage
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