625 North Lake Rd
Oak Ridges Lake Wilcox, Richmond Hill, L4E 3C5
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Property Description
Attention Builders, Developers & Investors!!! In A Prestigious Oak Ridges Lake Wilcox Neighborhood, Rare Opportunity To Renovate, Redevelop Or Build Your Dream Home On This Impressive 50 X 150 Ft Lot Surrounded By Parks, Schools, Community Centre And Shopping Areas. Great For Investors Looking For Their Next Hot Project Or Families Who Want To Create A Custom Space.
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Extras
Refrigerator, Stove. Property Is Being Sold As-Is
Property Features
Lake/Pond, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 150'
Fronting
North
Taxes
$3,465 (2017)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Richmond Hill Market Statistics
Richmond Hill Price Trend
625 North Lake Rd is a 2-bedroom 1-bathroom home listed for sale at $1,150,000, which is $255,000 (18.1%) lower than the average sold price of $1,405,000 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Richmond Hill declined by $94,000 (6.3%) compared to the previous 30 day period (February 24 - March 24) and up $74,200 (5.6%) from the same time one year ago.Inventory Change
There were 4 2-bedroom homes listed in Richmond Hill over the last 30 days (March 25 - April 23), which is down 33.3% compared with the previous 30 day period (February 24 - March 24) and down 63.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Richmond Hill typically sold ($84,000) (6.0%) below asking price over the last 30 days (March 25 - April 23), which represents a $9,500 decrease compared to the previous 30 day period (February 24 - March 24) and $75,082 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 2-bedroom homes in Richmond Hill over the last 30 days (March 25 - April 23) stood at 25.0%, down from 33.3% over the previous 30 days (February 24 - March 24) and down from 45.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Richmond Hill stood at 77 days when successfully sold over the last 30 days (March 25 - April 23), compared to 118 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty Inc., Brokerage
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