5 Colby Lane
South Richvale, Richmond Hill, L4C 6H4
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5 + 2
BEDROOMS8
BATHROOMS1 + 1
KITCHENS14 + 4
ROOMSN4156673
MLSIDContact Us
Property Description
Nestled In The Most Sought-After Area Of Richmond Hill. This Fascinating Home Is Built To Perfection With All The Bells And Whistles That One Can Dream Of. 6,835 Sq.Ft.+ Finished Basement Of Top Of The Line Luxury Living,Interior Offers 5+2 Bdrms, 8 Luxurious Baths, 6 Fireplaces,Magnificent Custom Designed Cherry Wood Kitchen With High End Appl, Theatre Room, Cherry Wood Office, Sauna,
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-02 | 2021-01-20 | 82 | $4,999,000 | $4,522,000 | Sold |
| 2020-09-16 | 2020-11-05 | 50 | $5,288,000 | - | Terminated |
| 2020-08-16 | 2020-09-19 | 34 | $5,498,000 | - | Terminated |
| 2020-05-28 | 2020-08-07 | 71 | $4,998,800 | - | Terminated |
| 2020-01-10 | 2020-03-19 | 69 | $4,998,000 | - | Terminated |
| 2019-11-13 | 2019-12-27 | 44 | $5,398,000 | - | Terminated |
Extras
Huge Veranda W/Fireplace And Heated Hot Tub, Heated Floors, 4 Car Garage, Heated Drive Way And Porches, Soaring Ceilings (12 Main, 2nd Level 10 Ft ') Pool Room, Wine Cellar Room Holds Over 2,000 Bottles. Appliances: Sub Zero 36"X2 .....
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
68' x 126'
Lot Irregularities
R:69.59+84,S:124.85 (13,140 Sq.Fee)
Fronting
South
Taxes
$20,780 (2018)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 27.49' x 14.40' | Combined W/Dining, Hardwood Floor, Fireplace |
| Dining | Main | 14.40' x 27.49' | Combined W/Living, Hardwood Floor, Pot Lights |
| Kitchen | Main | 22.70' x 32.41' | Centre Island, Marble Floor, Custom Backsplash |
| Breakfast | Main | 32.41' x 22.70' | Combined W/Kitchen, Marble Floor, W/O To Sundeck |
| Family | Main | 15.78' x 21.78' | Fireplace, Hardwood Floor, Coffered Ceiling |
| Office | Main | 14.99' x 14.50' | Fireplace, Panelled, Pot Lights |
| Master | 2nd | 16.99' x 34.28' | Fireplace, Hardwood Floor, W/O To Porch |
| 2nd Br | 2nd | 13.81' x 24.90' | Pot Lights, Hardwood Floor, 4 Pc Ensuite |
| 3rd Br | 2nd | 17.49' x 13.81' | W/I Closet, Pot Lights, 4 Pc Ensuite |
| 4th Br | 2nd | 12.11' x 15.91' | Hardwood Floor, W/I Closet, 4 Pc Ensuite |
| 5th Br | 2nd | 14.30' x 21.33' | Crown Moulding, Pot Lights, 4 Pc Ensuite |
| Rec | Bsmt | 17.09' x 31.89' | Porcelain Floor, Fireplace, W/O To Patio |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
5 Colby Lane is a 5-bedroom 8-bathroom home listed for sale at $6,488,000, which is $3,466,231 (114.7%) higher 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 8-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 Homelife Frontier Realty Inc., Brokerage
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