422 Lynett Cres

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422 Lynett Cres, Richmond Hill
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
6 + 4
ROOMS
N3758027
MLSID
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Property Description
Rare Find 60'X100' Premium Lot*Renovated Bungalow In Prime Richmond Hill*Replaced Roof/Furnace/Cac(3 Yr)*Retrofitted 2Br Basement Apartment W/Sep Ent & Above Ground Wdw*Move-In Condition*200 Amp Service*Laundry Rm On Each Fl*M/F Kit W/Bay Wdw*8 Parking Space*W/O From Br To Deck*Mins To Plaza@Bayview/Major Mac W/Walmart,Retails,Mcdonalds,Go*Incl:2 Fridge/Stove/Washer/Dryer
Extras
Demand Area For New Builds*New Custom Home Now Asking ~$3M In Area* Steps To Public Transit, Go,Wal-Mart,Park,Library*Crosby Heights Ps(Gifted & Performance Plus School) , Beverley Acres Ps (French Immersion) & Famous Bayview Ss(Ranked #7)
Property Features
Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
60' x 100'
Lot Irregularities
Corner Lot
Fronting
South
Taxes
$4,000 (2016)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround10.01' x 17.95'Moulded Ceiling, Hardwood Floor, Window
DiningGround9.88' x 10.24'Moulded Ceiling, Hardwood Floor
KitchenGround8.99' x 12.20'Eat-In Kitchen, Bay Window, Renovated
MasterGround10.93' x 13.12'Hardwood Floor, Window, W/O To Deck
2nd BrGround10.43' x 7.48'Hardwood Floor, Window, Closet
3rd BrGround9.84' x 10.60'Hardwood Floor, Window, Closet
LivingBsmt13.12' x 22.70'
KitchenBsmt12.40' x 13.12'
BrBsmt6.56' x 13.12'
Richmond Hill Market Statistics
Richmond Hill Price Trend
422 Lynett Cres is a 3-bedroom 2-bathroom home listed for sale at $1,489,000, which is $109,012 (7.9%) higher than the average sold price of $1,379,988 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill increased by $29,277 (2.2%) compared to the previous 30 day period (February 25 - March 25) and down $10,788 (0.8%) from the same time one year ago.
Inventory Change
There were 92 3-bedroom homes listed in Richmond Hill over the last 30 days (March 26 - April 24), which is up 21.1% compared with the previous 30 day period (February 25 - March 25) and up 73.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $81,304 (5.9%) above asking price over the last 30 days (March 26 - April 24), which represents a $28,146 increase compared to the previous 30 day period (February 25 - March 25) and $69,885 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 3-bedroom homes in Richmond Hill over the last 30 days (March 26 - April 24) stood at 47.8%, down from 55.3% over the previous 30 days (February 25 - March 25) and down from 56.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Richmond Hill stood at 10 days when successfully sold over the last 30 days (March 26 - April 24), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Markham Centre Realty Inc., Brokerage
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