50 Formosa Dr
Rouge Woods, Richmond Hill, L4S 1S9
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Property Description
Location! Location! Highly Demand Semi-Detached 4 Bedrooms In Bayview Area. Top Rank School Bayview S.S. $$$ Newly Renovated From Top To Bottom. Quartz Counter-Top At Kitchen & Bathrooms. Excellent Layout, Walk Out Basement With An Office. Brand New 3 Appliances, Pot Lights Throughout. Looks Like A Model Home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-13 | 2021-09-03 | 21 | $1,350,000 | $1,320,000 | Sold |
Extras
All Existing: Elf, S/S Fridge, S/S Gas Stove, B/I Dishwasher, Washer & Dryer, Centre Air Conditioning. Driveway Has No Sidewalk, Park 2-3 Cars.Enclosed Front Porch.
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
24' x 110'
Fronting
North
Taxes
$4,079 (2016)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 8.46' x 10.27' | W/O To Deck, Picture Window, O/Looks Garden |
| Living | Main | 9.97' x 17.95' | Pot Lights, Hardwood Floor, Combined W/Living |
| Kitchen | Main | 8.99' x 9.97' | Open Concept, Ceramic Floor, B/I Dishwasher |
| Breakfast | Main | 8.04' x 8.04' | Pot Lights, Ceramic Floor, Eat-In Kitchen |
| Master | 2nd | 8.46' x 16.77' | 3 Pc Ensuite, Hardwood Floor, W/I Closet |
| 2nd Br | 2nd | 9.19' x 10.96' | Window, Hardwood Floor, B/I Closet |
| 3rd Br | 2nd | 8.99' x 8.99' | Window, Hardwood Floor, B/I Closet |
| 4th Br | 2nd | 8.99' x 9.97' | Window, Hardwood Floor, B/I Closet |
| Office | Bsmt | 15.26' x 16.77' | Window, Laminate, Walk-Out |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
50 Formosa Dr is a 4-bedroom 3-bathroom home listed for sale at $998,000, which is $943,686 (48.6%) lower than the average sold price of $1,941,686 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $8,258 (0.4%) compared to the previous 30 day period (February 24 - March 24) and up $74,837 (4.0%) from the same time one year ago.Inventory Change
There were 157 4-bedroom homes listed in Richmond Hill over the last 30 days (March 25 - April 23), which is up 21.7% compared with the previous 30 day period (February 24 - March 24) and up 58.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $70,702 (3.6%) above asking price over the last 30 days (March 25 - April 23), which represents a $29,009 decrease compared to the previous 30 day period (February 24 - March 24) and $83,388 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 25 - April 23) stood at 54.8%, up from 42.6% over the previous 30 days (February 24 - March 24) and down from 88.9% 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 9 days when successfully sold over the last 30 days (March 25 - April 23), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Gold Trade Realty Ltd., Brokerage
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