143 Forest Ridge Rd

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143 Forest Ridge Rd, Richmond Hill
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5 + 1
BEDROOMS
10
BATHROOMS
3 + 1
KITCHENS
10 + 7
ROOMS
N3799947
MLSID
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Property Description
Elegant French Chateau Inspired Home Backing To Conservation. 7,309 Sq. Ft. Above Grade + Finished L/L. Flooded W/Natural Light. Entertainer's Dream W/Oversized Rms Feature Balconies For Indoor/Outdoor Entertainment. Amazing Views Of The Tranquil Grounds From Every Rm. In-Law Living Quarters W/2-Way Fireplace, Sitting Area & Kitchenette. Elevator To 3 Levels. Double Level Ceilings, Designer Chandeliers, Built-In Speakers & Service Kitchen. 3rd Floor Loft.
Extras
Gourmet Kitchen W/Subzero & Miele, Lrg Island & W/O To Deck. Fin Walk-Out L/L W/High Ceilings, 6th Bdrm, Office, Rec/Games Rm, Party Kitchen, Spa & Gym. Lrg Greenspace Area. Roof(2016); Furnaces(2014-2015); Cac(2009); Well-Equipment(2014)
Property Features
Clear View, Grnbelt/Conserv, Public Transit, Ravine, Rolling, Wooded/Treed
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
5000+
Acreage
.50-1.99
Lot Irregularities
1.87 Acres As Per Mpac
Fronting
North
Taxes
$27,538 (2016)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Elevator
Yes
Parking Spaces
10
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain24.61' x 20.21'Marble Floor, Crown Moulding, Window Flr To Ceil
DiningMain14.44' x 23.00'Hardwood Floor, Built-In Speakers, Window Flr To Ceil
LivingMain17.36' x 24.87'Hardwood Floor, Crown Moulding, W/O To Deck
FamilyMain27.26' x 18.34'Hardwood Floor, Gas Fireplace, Window Flr To Ceil
KitchenMain26.84' x 26.18'Granite Counter, Gas Fireplace, W/O To Deck
KitchenMain31.43' x 12.17'Pot Lights, B/I Appliances, Pantry
Master2nd25.03' x 19.09'6 Pc Ensuite, Gas Fireplace, W/O To Balcony
2nd Br2nd27.59' x 22.28'4 Pc Ensuite, Gas Fireplace, W/I Closet
3rd Br2nd17.09' x 12.14'4 Pc Ensuite, W/I Closet, North View
4th Br2nd10.73' x 18.41'4 Pc Ensuite, W/I Closet, B/I Shelves
Loft3rd19.29' x 25.00'2 Pc Ensuite, Pot Lights, Ne View
GamesLower15.91' x 34.55'Hardwood Floor, Pot Lights, Open Concept
Richmond Hill Market Statistics
Richmond Hill Price Trend
143 Forest Ridge Rd is a 5-bedroom 10-bathroom home listed for sale at $6,980,000, which is $4,593,345 (192.5%) higher than the average sold price of $2,386,655 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $141,095 (5.6%) compared to the previous 30 day period (January 28 - February 26) and down $151,345 (6.0%) from the same time one year ago.
Inventory Change
There were 29 5-bedroom homes listed in Richmond Hill over the last 30 days (February 27 - March 27), which is up 93.3% compared with the previous 30 day period (January 28 - February 26) and up 52.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold $90,257 (3.8%) above asking price over the last 30 days (February 27 - March 27), which represents a $20,704 increase compared to the previous 30 day period (January 28 - February 26) and ($48,437) 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 5-bedroom homes in Richmond Hill over the last 30 days (February 27 - March 27) stood at 24.1%, down from 26.7% over the previous 30 days (January 28 - February 26) and down from 68.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 10-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (February 27 - March 27), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Avenue Realty Inc., Brokerage
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