524 North Lake Rd

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524 North Lake Rd, Richmond Hill
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
8 + 3
ROOMS
N3535607
MLSID
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Property Description
77 Frontage! Endless Opportunities Here! (Build/Addition/Land Severance Potential, To Name A Few!) 2700 Sqf Of Living Space With 4 Skylights, Cathedral Ceiling In Main Level, Excellent Location, Walking Distance To Lake With Private Access Pass! Clear View Of Lake From Kitchen, Unobstructed View In Front And Back, Tons Of Upgrades, New Kitchen With Super High Ceiling, Upgraded Bath, Private Backyard, With Landscaping
Extras
***** Lake Wilcox Public School **(( 8.8 / 10 ))** Ranking !!! One Of Highest In Ontario ***** Fridge, Washer, Dryer, Dishwasher, Stove, Microwave Also A/C & Furnace, Water Softener, Exc( Kitchen Chandelier), New Windows, Furnace & Roof
Property Features
Beach, Clear View, Lake Access
Property Details
Property Type
Detached, Bungalow
Lot Size
77' x 97'
Lot Irregularities
Premium Pie Shape
Fronting
North
Taxes
$3,974 (2015)
Basement
Finished, Walk-Up
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain12.86' x 34.09'Cathedral Ceiling, Skylight, Combined W/Living
DiningMain12.53' x 15.09'O/Looks Backyard, W/O To Deck, Hardwood Floor
LivingMain12.86' x 34.09'Cathedral Ceiling, Skylight, Combined W/Family
KitchenMain16.11' x 20.18'Overlook Water, Granite Counter, Skylight
MasterMain10.01' x 16.73'Hardwood Floor, O/Looks Backyard
2nd BrMain10.01' x 15.42'O/Looks Frontyard, Closet
3rd BrMain10.01' x 10.17'O/Looks Backyard, Closet
4th BrLower9.84' x 9.84'Roughed-In Fireplace, Above Grade Window
FamilyLower9.84' x 9.84'Combined W/Kitchen, Above Grade Window
OfficeLower10.33' x 7.19'Combined W/Family, Above Grade Window
KitchenLower6.89' x 23.69'Halogen Lighting, Above Grade Window
Richmond Hill Market Statistics
Richmond Hill Price Trend
524 North Lake Rd is a 3-bedroom 2-bathroom home listed for sale at $1,299,000, which is $60,311 (4.4%) lower than the average sold price of $1,359,311 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill declined by $99,314 (6.8%) compared to the previous 30 day period (February 9 - March 9) and up $37,308 (2.8%) from the same time one year ago.
Inventory Change
There were 79 3-bedroom homes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is up 14.5% compared with the previous 30 day period (February 9 - March 9) and up 119.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $77,125 (5.7%) above asking price over the last 30 days (March 10 - April 8), which represents a $61,479 increase compared to the previous 30 day period (February 9 - March 9) and $74,014 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 10 - April 8) stood at 57.0%, up from 40.6% over the previous 30 days (February 9 - March 9) and down from 77.8% 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 9 days when successfully sold over the last 30 days (March 10 - April 8), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Cimerman Real Estate Limited, Brokerage
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