8 Gormley Rd E

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8 Gormley Rd E, Richmond Hill
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
N4342483
MLSID
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Property Description
*Opportunity For Developers And Investors*Modern 3 Garage Home On A 1.95 Acre Lot With Lots Updates. Open Concept Kitchen,Upgraded Appliances, W/O Breakfast Area,5 Pc Ensuite Master With W/I Closet And Loft, Marble Flooring And Hardwood Flooring, Custom Staircase With Wrought Iron Pickets, Finished Basement, Large Work Shop. Minutes To Go Train Station And Hwy 404. Don't Miss The Gorgeous Property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-01-03 2023-04-02 89 $1 - Expired
Extras
Additional 1 Acre Lot Available Adjacent To The Property! Can Be Use As Residential, School And More.
Property Features
Golf, Grnbelt/Conserv, Level
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
99' x 493'
Acreage
.50-1.99
Lot Irregularities
Rear 265.5' Approx1.95 Acre
Fronting
West
Taxes
$7,607 (2018)
Basement
Finished
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Other
Room Summary
RoomLevelSizeFeatures
LivingMain13.94' x 15.42'Combined W/Dining, Hardwood Floor
DiningMain11.81' x 13.94'Combined W/Living, Hardwood Floor
KitchenMain13.78' x 22.97'Breakfast Area, Ceramic Floor, W/O To Deck
FamilyMain13.62' x 15.09'Open Concept, Hardwood Floor
Master2nd14.01' x 18.54'W/I Closet, Hardwood Floor, 5 Pc Ensuite
2nd Br2nd11.98' x 9.19'Double Closet, Hardwood Floor
3rd Br2nd11.81' x 12.30'Closet, Hardwood Floor
4th Br2nd10.01' x 14.01'Closet, Hardwood Floor
Richmond Hill Market Statistics
Richmond Hill Price Trend
8 Gormley Rd E is a 4-bedroom 4-bathroom home listed for sale at $1, which is $1,959,712 (100.0%) lower than the average sold price of $1,959,713 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $10,492 (0.5%) compared to the previous 30 day period (February 23 - March 23) and up $99,958 (5.4%) from the same time one year ago.
Inventory Change
There were 153 4-bedroom homes listed in Richmond Hill over the last 30 days (March 24 - April 22), which is up 17.7% compared with the previous 30 day period (February 23 - March 23) and up 45.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $93,009 (4.7%) above asking price over the last 30 days (March 24 - April 22), which represents a $5,966 increase compared to the previous 30 day period (February 23 - March 23) and $87,897 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 24 - April 22) stood at 52.9%, up from 43.8% over the previous 30 days (February 23 - March 23) and down from 86.7% 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 24 - April 22), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Dream Home Realty Inc., Brokerage
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