40 Riel Dr

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40 Riel Dr, Richmond Hill
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
N4169606
MLSID
Contact Us
Property Description
Gorgeous, Bright And Spacious 4 Bedroom Luxury Home In A Quiet Street In Prestigious Oakridges Surrounded By Million Dollar Homes.2106 Sqf As Per Mpac. Access To Garage From Kitchen. The Wall Between Family Room And Living Room Removed To Provide Bigger Space And Light ,Enjoy The Hot Tub In Backyard. Second Level Flooring Changed To Laminate In 2014.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-27 2020-07-31 35 $1,040,000 $1,008,000 Sold
2019-08-12 2019-08-24 12 $2,850 $2,850 Leased
2019-07-31 2019-08-12 12 $899,000 - Terminated
2019-05-31 2019-07-25 55 $979,100 - Terminated
2019-04-25 2019-05-30 35 $988,000 - Terminated
Extras
S/S Fridge, S/S Stove, S/S Dishwasher, S/S Range Hood, Washer, Dryer, All Window Coverings, All Elf's, Enclosed Hot Tub In Backyard, B/I Fireplace, Central Vacuum.
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
36' x 89'
Fronting
West
Taxes
$4,771 (2017)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingGround10.99' x 16.60'Hardwood Floor, Fireplace, Combined W/Dining
DiningGround9.97' x 11.98'Hardwood Floor, Combined W/Living
KitchenGround37.37' x 20.37'Stainless Steel Appl, Ceramic Floor
BreakfastGround37.37' x 20.37'W/O To Deck, Combined W/Kitchen, Ceramic Floor
Master2nd11.98' x 16.99'5 Pc Ensuite, W/I Closet, Laminate
2nd Br2nd10.01' x 12.07'Laminate, Closet, Window
3rd Br2nd10.01' x 12.63'Laminate, Mirrored Closet, W/O To Balcony
4th Br2nd10.01' x 10.70'Laminate, Closet, Window
Richmond Hill Market Statistics
Richmond Hill Price Trend
40 Riel Dr is a 4-bedroom 3-bathroom home listed for sale at $999,000, which is $965,971 (49.2%) lower than the average sold price of $1,964,971 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $4,877 (0.2%) compared to the previous 30 day period (February 19 - March 19) and up $101,423 (5.4%) from the same time one year ago.
Inventory Change
There were 154 4-bedroom homes listed in Richmond Hill over the last 30 days (March 20 - April 18), which is up 16.7% compared with the previous 30 day period (February 19 - March 19) and up 41.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $95,384 (4.9%) above asking price over the last 30 days (March 20 - April 18), which represents a $10,723 increase compared to the previous 30 day period (February 19 - March 19) and $119,565 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 (March 20 - April 18) stood at 49.4%, up from 46.2% over the previous 30 days (February 19 - March 19) and down from 77.1% 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 20 - April 18), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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