218 Cedar Ave

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218 Cedar Ave, Richmond Hill
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4
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7
ROOMS
N3850928
MLSID
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Property Description
Breathtaking R-A-V-I-N-E Lot With A Running River At The Back. A True Cash Cow! Separate Into Two Apartment Units, Each Has Individual Kitchen & Laundry Sets. One 3 Bedrooms Unit W/2 Washrooms. One 1 Bedroom Unit W/1 Washroom. Walk-Out To Huge Deck Overlooking Ravines. Hardwood Floors Throughout, Carport With Long 6 Car Driveway With No Sidewalk. Upgraded 100 Amp Service And Much More.
Extras
Two Fridges, Two Stoves, B/I Dishwasher, B/I Microwave, Two Washers & Dryer, All Electric Light Fixtures, All Window Blinds And Curtains, Central Air Conditioner
Property Features
Public Transit, Ravine
Property Details
Street
Community
Property Type
Semi-Detached, Backsplit 3
Lot Size
37' x 100'
Fronting
West
Taxes
$3,381 (2016)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Pvt Double
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingLower11.48' x 19.69'Hardwood Floor, Combined W/Dining, Pot Lights
DiningLower11.98' x 13.12'Hardwood Floor, Combined W/Living, W/O To Ravine
KitchenLower9.51' x 19.69'Ceramic Floor, Granite Counter, Eat-In Kitchen
MasterLower13.12' x 21.16'Hardwood Floor, 3 Pc Ensuite, W/I Closet
2nd BrUpper10.50' x 11.48'Hardwood Floor, O/Looks Ravine, Large Closet
3rd BrUpper9.68' x 11.81'Hardwood Floor, O/Looks Ravine, Closet
4th BrUpper8.69' x 11.32'Hardwood Floor, O/Looks Frontyard, Closet
Richmond Hill Market Statistics
Richmond Hill Price Trend
218 Cedar Ave is a 4-bedroom 3-bathroom home listed for sale at $750,000, which is $1,240,264 (62.3%) lower than the average sold price of $1,990,264 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $17,189 (0.9%) compared to the previous 30 day period (February 9 - March 9) and up $50,462 (2.6%) from the same time one year ago.
Inventory Change
There were 119 4-bedroom homes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is down 2.5% compared with the previous 30 day period (February 9 - March 9) and up 13.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $93,012 (4.7%) above asking price over the last 30 days (March 10 - April 8), which represents a $37,899 increase compared to the previous 30 day period (February 9 - March 9) and $80,271 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 4-bedroom homes in Richmond Hill over the last 30 days (March 10 - April 8) stood at 63.0%, up from 56.6% over the previous 30 days (February 9 - March 9) and down from 67.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Richmond Hill stood at 10 days when successfully sold over the last 30 days (March 10 - April 8), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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