54 Oak Ave

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54 Oak Ave, Richmond Hill
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 1
ROOMS
N3751841
MLSID
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Property Description
Spectacular Custom Built Estate Home (Approx 4500 Sq.Ft + Finished Bsmt) In High Demand South Richvale! 45' X 241' Deep Private Lot. Features 11 Ft Plus Ceilings, 8' Solid Doors, 8" Baseboard, Crown Mould, Led Lighting, Fireplace, Multiple Balconies, Custom Cabinets, Wrought Iron Rail, Feature "Stone" Wall, Coffered Ceilings & Modern Baths. Designer Decor. Family Size Kitchen, Formal Dining, Lrg Master Suite Boasts 5Pc Ensuite & W/I Closet.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-17 2021-03-27 10 $1,995,000 $2,350,000 Sold
Extras
Private Backyard Oasis, Entertain, Bbq On 2 Tiered Deck, Spend Your Summers In Heated Salt Water Pool. Extensive Landscape, Natural Stone Walkway. Mins To All Amenities, Transit, Schools, Etr And Walk To Yonge
Property Features
Clear View, Hospital, Level, Park, River/Stream
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
45' x 242'
Fronting
North
Taxes
$12,154 (2016)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.48' x 13.48'Stone Floor, Pot Lights, Pantry
BreakfastMain11.98' x 12.93'Stone Floor, O/Looks Family, W/O To Yard
FamilyMain18.64' x 15.12'Stone Floor, Fireplace, W/O To Deck
DiningMain11.94' x 14.80'Hardwood Floor, Formal Rm
LivingMain11.88' x 18.47'Hardwood Floor, Fireplace, Juliette Balcony
OfficeMain13.85' x 10.83'Hardwood Floor, Crown Moulding, Pot Lights
Master2nd20.44' x 21.29'W/O To Balcony, W/I Closet, 5 Pc Ensuite
2nd Br2nd11.71' x 12.47'Broadloom, Vaulted Ceiling, 2 Pc Ensuite
3rd Br2nd11.68' x 14.07'Broadloom, Double Closet, Window
4th Br2nd14.34' x 13.35'Broadloom, Closet, Window
RecLower16.08' x 14.76'Laminate, Pot Lights, 3 Pc Bath
Richmond Hill Market Statistics
Richmond Hill Price Trend
54 Oak Ave is a 4-bedroom 4-bathroom home listed for sale at $2,688,000, which is $697,736 (35.1%) higher than the average sold price of $1,990,264 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $17,189 (0.9%) compared to the previous 30 day period (February 9 - March 9) and up $50,462 (2.6%) from the same time one year ago.
Inventory Change
There were 119 4-bedroom homes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is down 2.5% compared with the previous 30 day period (February 9 - March 9) and up 13.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $93,012 (4.7%) above asking price over the last 30 days (March 10 - April 8), which represents a $37,899 increase compared to the previous 30 day period (February 9 - March 9) and $80,271 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 4-bedroom homes in Richmond Hill over the last 30 days (March 10 - April 8) stood at 63.0%, up from 56.6% over the previous 30 days (February 9 - March 9) and down from 67.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Richmond Hill stood at 10 days when successfully sold over the last 30 days (March 10 - April 8), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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