499 Sixteenth Ave

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499 Sixteenth Ave, Richmond Hill
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5
BEDROOMS
5
BATHROOMS
1
KITCHENS
9 + 4
ROOMS
N4006245
MLSID
Contact Us
Property Description
*** A Scarce Opportunity *** Zoning Rs1/R6 Permit 100 % Office Use And Residential. "82.5 By 315 Generous Lot Size On Approx 0.68 Acres Land With An Extra Deep Lot & Spectacular View, Sundeck With Skylight, In-Ground Pool & Pool House, Approx 2800 Sq Ft. Great Investment, Re-Build Or Use Existing Building.Please Check With City.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-07 2021-01-19 73 $3,488,000 - Terminated
2020-11-07 2021-01-18 72 $3,488,000 - Suspended
2020-03-03 2020-09-30 211 $3,500,000 - Expired
2018-05-02 2019-05-02 365 $2,798,000 - Expired
Extras
Extras:6 Appliances; Fridge, Stove, Dishwasher, Microwave, Washer & Dryer, Water Filter In Kitchen, Humidifier In Basement, Cac.Seller Request Buyer To Complete Due Diligence Prior To Any Offer Submission.
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
83' x 315'
Fronting
South
Taxes
$9,610 (2017)
Basement
Fin W/O
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
9
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain12.80' x 18.04'Hardwood Floor, O/Looks Pool, O/Looks Garden
DiningMain13.45' x 16.73'Hardwood Floor, Open Concept
FamilyMain10.83' x 16.08'Hardwood Floor, Fireplace, W/O To Sundeck
KitchenMain13.94' x 19.46'Ceramic Floor, Centre Island, Bay Window
BreakfastMain8.04' x 10.50'Ceramic Floor, O/Looks Pool, O/Looks Garden
Great RmMain7.87' x 11.81'Ceramic Floor, O/Looks Pool
MasterMain11.42' x 14.93'Hardwood Floor, Closet, 5 Pc Ensuite
2nd BrMain11.32' x 13.62'Hardwood Floor, Closet
RecGround18.21' x 22.31'Broadloom
Richmond Hill Market Statistics
Richmond Hill Price Trend
499 Sixteenth Ave is a 5-bedroom 5-bathroom home listed for sale at $2,880,000, which is $141,769 (4.7%) lower than the average sold price of $3,021,769 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill increased by $635,114 (26.6%) compared to the previous 30 day period (February 25 - March 25) and up $371,224 (14.0%) from the same time one year ago.
Inventory Change
There were 30 5-bedroom homes listed in Richmond Hill over the last 30 days (March 26 - April 24), which is up 11.1% compared with the previous 30 day period (February 25 - March 25) and up 57.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold $63,429 (2.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $26,828 decrease compared to the previous 30 day period (February 25 - March 25) and $201,727 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 5-bedroom homes in Richmond Hill over the last 30 days (March 26 - April 24) stood at 43.3%, up from 25.9% over the previous 30 days (February 25 - March 25) and down from 57.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Richmond Hill stood at 17 days when successfully sold over the last 30 days (March 26 - April 24), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Kingsway Real Estate Brokerage, Brokerage
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