161 May Ave

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161 May Ave, Richmond Hill
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 5
ROOMS
N3781706
MLSID
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Property Description
Custom Built Luxury Estate In Prestigious North Richvale! 5000 Sqft + 3000 Sqft Fully Finished Entertainer's Dream Basement With Walk Up To Yard And Service Entrance From Garage. . This Home Isn't Your Average Subdivision Property. Located Amongst Other Multi-Million Dollar Homes On One Of The Best Streets In Richmond Hill. Heated 3 Car Tandem Garage, Cinema Room,Spa And In Law Suite Offer Just A Few On The Luxuries This Home Provides.
Extras
$$$$ Spent On South Facing Backyard Oasis. Sub Zero S/S Fridge Sub Zero S/S Freezer,60Inch Wolf Gas Range, Hood Fan, Miele Dishwasher, Microwave, Lg Washer/Dryer,All Wndw Cov'gs,All Elf,Cvac,Cac,Secur Camera,Alrm, Ingrnd Sprnklrs
Property Features
Fenced Yard, Hospital, Public Transit, School
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
75' x 150'
Fronting
South
Taxes
$11,134 (2017)
Basement
Finished, Walk-Up
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DenMain11.98' x 12.99'Hardwood Floor, Pot Lights, Crown Moulding
DiningMain13.98' x 19.00'Hardwood Floor, Pot Lights, Crown Moulding
FamilyMain17.09' x 20.37'Hardwood Floor, Pot Lights, Coffered Ceiling
KitchenMain12.27' x 17.09'Hardwood Floor, Centre Island, Custom Backsplash
BreakfastMain13.58' x 17.09'Hardwood Floor, Pot Lights, W/O To Patio
Master2nd18.08' x 18.47'Hardwood Floor, W/I Closet, 6 Pc Ensuite
2nd Br2nd14.37' x 18.08'Hardwood Floor, Closet, 3 Pc Ensuite
3rd Br2nd13.55' x 15.55'Hardwood Floor, W/I Closet, Semi Ensuite
4th Br2nd15.03' x 15.88'Hardwood Floor, Pot Lights, Semi Ensuite
5th BrBsmt12.04' x 15.78'Laminate, W/I Closet, 3 Pc Ensuite
Media/EntBsmt15.72' x 17.68'Broadloom
RecBsmt17.52' x 21.00'Laminate, Pot Lights, Fireplace
Richmond Hill Market Statistics
Richmond Hill Price Trend
161 May Ave is a 4-bedroom 5-bathroom home listed for sale at $2,988,000, which is $1,062,044 (55.1%) higher than the average sold price of $1,925,956 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $121,518 (5.9%) compared to the previous 30 day period (January 29 - February 27) and up $26,743 (1.4%) from the same time one year ago.
Inventory Change
There were 139 4-bedroom homes listed in Richmond Hill over the last 30 days (February 28 - March 28), which is up 35.0% compared with the previous 30 day period (January 29 - February 27) and up 32.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $72,679 (3.8%) above asking price over the last 30 days (February 28 - March 28), which represents a $73,110 increase compared to the previous 30 day period (January 29 - February 27) and $89,297 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 4-bedroom homes in Richmond Hill over the last 30 days (February 28 - March 28) stood at 49.6%, up from 49.5% over the previous 30 days (January 29 - February 27) and down from 57.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (February 28 - March 28), compared to 49 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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