162 Oxford St

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162 Oxford St, Richmond Hill
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N3612669
MLSID
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Property Description
Great Investment Property In Area With Multi-Million Dollar Homes! Neighbourhood Has Proven "High Demand" Track Record. 1.85 Acres For Sale. Largest Property In The Area (Dead-End Street). Potential For 3 Lots (52Ft) On Oxford And 8-10 Lots (8 X 50 Ft Or 10 X 40 Ft - Potentially With Rezoning) On Continuation Of Battaglini Ave At Rear. Property Is 206 Ft Wide At Back (See Attached Drawings). Do Not Disturb Residents. House Is Not Available For Showings.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-06-25 2021-10-06 103 $10,490,000 - Terminated
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
157' x 426'
Acreage
.50-1.99
Lot Irregularities
Irregular 206 Rear Width (1.85 Acres)
Fronting
North
Taxes
$10,548 (2016)
Basement
Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain14.40' x 12.24'
LivingMain9.48' x 14.99'
DiningMain12.99' x 10.60'
BrMain13.12' x 11.88'
2nd BrMain13.12' x 10.89'
Richmond Hill Market Statistics
Richmond Hill Price Trend
162 Oxford St is a 2-bedroom 1-bathroom home listed for sale at $10,000,000, which is $8,595,000 (611.7%) higher than the average sold price of $1,405,000 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Richmond Hill declined by $94,000 (6.3%) compared to the previous 30 day period (February 24 - March 24) and up $74,200 (5.6%) from the same time one year ago.
Inventory Change
There were 4 2-bedroom homes listed in Richmond Hill over the last 30 days (March 25 - April 23), which is down 33.3% compared with the previous 30 day period (February 24 - March 24) and down 63.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Richmond Hill typically sold ($84,000) (6.0%) below asking price over the last 30 days (March 25 - April 23), which represents a $9,500 decrease compared to the previous 30 day period (February 24 - March 24) and $75,082 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 2-bedroom homes in Richmond Hill over the last 30 days (March 25 - April 23) stood at 25.0%, down from 33.3% over the previous 30 days (February 24 - March 24) and down from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Richmond Hill stood at 77 days when successfully sold over the last 30 days (March 25 - April 23), compared to 118 days before being removed from the market upon being suspended or terminated.
Listing contracted with Nrs Select Ltd., Brokerage
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