55 Westwood Lane

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55 Westwood Lane, Richmond Hill
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4
BEDROOMS
6
BATHROOMS
2
KITCHENS
9 + 2
ROOMS
N3762324
MLSID
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Property Description
Magnificent Mansion Situated In A Gated Estate In The Most Sought After Street In Prestigious South Richvale, This Mansion Features Superior Finishing With A Grand Foyer Complemented With The Custom Staircase/ Relaying Through Out, 21F Ceiling Family Room, Office, Gym, 3 Car Garage, Gourmet Kitchen Facing A Symmetrical Backyard With Grand Gazebo 400+ Depth.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-04-07 2021-04-29 22 $4,800,000 $4,350,000 Sold
2020-07-27 2021-01-22 179 $4,800,000 $4,550,000 Sold
2020-03-02 2020-05-09 68 $4,999,000 - Expired
2020-01-02 2020-03-03 61 $5,250,000 - Terminated
Extras
Chandeliers, Light Fixtures, Sprinkler System, Window Coverings, Fridge, Dishwasher, Cooktop, Three Garage Door Opener, Front Load Washer And Dryer, State Of Art Flash Security, 16 Camera, Smart Home System, Electrical Generator.
Property Details
Property Type
Detached, 2-Storey
Lot Size
85' x 408'
Fronting
South
Taxes
$23,342 (2016)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
9
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.39' x 19.98'Hardwood Floor, French Doors, Circular Oak Stairs
DiningMain16.99' x 17.98'Formal Rm, Hardwood Floor, French Doors
FamilyMain13.75' x 24.48'Gas Fireplace, Cathedral Ceiling, French Doors
LibraryMain13.98' x 16.99'Combined W/Sitting, Hardwood Floor
KitchenMain13.81' x 18.50'Granite Floor, Pantry, Breakfast Bar
BreakfastMain17.22' x 19.98'Walk-Out, Gas Fireplace, Family Size Kitchen
Master2nd17.98' x 27.99'6 Pc Ensuite, Hardwood Floor, Combined W/Sitting
2nd Br2nd13.22' x 16.99'4 Pc Bath, Hardwood Floor, W/I Closet
3rd Br2nd13.65' x 15.98'3 Pc Ensuite, Hardwood Floor, W/I Closet
4th Br2nd13.29' x 16.80'3 Pc Ensuite, Hardwood Floor
Richmond Hill Market Statistics
Richmond Hill Price Trend
55 Westwood Lane is a 4-bedroom 6-bathroom home listed for sale at $6,288,000, which is $4,346,314 (223.8%) higher 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 6-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 Century 21 Leading Edge Realty Inc., Brokerage
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