59 May Ave

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59 May Ave, Richmond Hill
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5
BEDROOMS
7
BATHROOMS
1
KITCHENS
15
ROOMS
N2966537
MLSID
Contact Us
Property Description
Spectacular New Construction On One Of The Areas Nicest Streets With Other Multi Million Dollar Properties! A Grand Residence, Over 9000 Sq.Ft. Of Living Space. All Natural Stone Exterior. Magnificent 100' Frontage By 200' In Depth Is Offering One Of The Most Sophisticated Layouts You Will Find. 11'-10' Ceilings Abound With Crown Moldings And Coffered Ceilings. Many Custom Features And The Finest Quality Craftsmanship Throughou
Extras
5 Bdms With Ensuites, Dressing Area. Spectacular Great Room. Award Winning Designer Oversized Kitchen With High End Appliances & Huge Central Island. Elevator, Walk-Up Lower Level With Nanny Suite, Sauna, Theatre Room & Much Moore...
Property Features
Park, Rec Centre, School, Wooded/Treed
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
100' x 200'
Acreage
.50-1.99
Lot Irregularities
Irreg, Easement On East Side
Fronting
South
Basement
Finished
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Richmond Hill Market Statistics
Richmond Hill Price Trend
59 May Ave is a 5-bedroom 7-bathroom home listed for sale at $3,268,000, which is $997,338 (43.9%) higher than the average sold price of $2,270,662 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $929,263 (29.0%) compared to the previous 30 day period (February 9 - March 9) and down $58,876 (2.5%) from the same time one year ago.
Inventory Change
There were 29 5-bedroom homes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is up 26.1% compared with the previous 30 day period (February 9 - March 9) and up 93.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold $27,938 (1.2%) above asking price over the last 30 days (March 10 - April 8), which represents a $69,076 increase compared to the previous 30 day period (February 9 - March 9) and $65,055 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 10 - April 8) stood at 37.9%, up from 17.4% over the previous 30 days (February 9 - March 9) and down from 86.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Richmond Hill stood at 18 days when successfully sold over the last 30 days (March 10 - April 8), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty, Brokerage
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